When families contemplate Medicaid eligibility to cover expensive long term care costs, one of their greatest fears is the loss of the home. Many folks believe that if an elderly or disabled person leaves the home to receive care in an assisted living or skill...
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Milwaukee Family, Elder And Estate Law Blog
What are the benefits of estate planning?
Everyone should have an estate plan and would-be estate planners should be familiar with the benefits of setting up an estate plan. A complete estate plan provides comprehensive protections for the estate planner to secure the future of their loved ones and ensure...
How are Assets Divided during Divorce?
One of the most common questions about divorce is how to divide assets. Under Wisconsin law, the presumption is that all marital property is to be divided equally between the spouses, but the court may consider a variety of factors and deviate from this presumption....
Tips for successfully negotiating a divorce settlement
There’s no doubt that a high-asset divorce can be an emotionally fraught process. After all, in many instances married individuals who have spent years or decades together are severing their relationship and starting anew. This can make it a challenging time, but...
Estate planning in the digital age
Historically, individuals have focused a significant amount of time and planning in ensuring their physical assets were properly distributed after their passing. These concrete properties such as a car, the house or a prized book collection were often given special...
Are will readings necessary?
Gathering a family together to read a will may be a thing of the past, but that does not mean that loved ones in Wisconsin do not have access to a family member's will. Currently, no state has a law that requires the reading of a will to the family, though in some...
Divorce and Social Security benefits from an ex-spouse
There are several myths and misunderstandings surrounding drawing Social Security benefits from an ex-spouse's earnings record after divorce. For example, some people may think that drawing these benefits will reduce the benefits that will be available to the...
Should I Move My Loved One Out of the Nursing Home During the COVID-19 Pandemic?
As Coronavirus cases are becoming more prevalent in the broader community with no predictable timeline for vaccine availability, many families are considering moving their frail elder and disabled loved ones out of long- term care facilities. Their reasoning for a...
Five Myths Surrounding Beneficiary Designations
The ability to place payable on death (POD) or transfer on death (TOD) beneficiary designations on most assets can be a simple and cost-effective way to pass your estate to loved ones. However, the quickest and most affordable options can come with traps. Below are...
What is the difference between Custody and Placement in Wisconsin?
Child custody and placement are terms that you have heard during a family law action. Parties use these two terms interchangeably. They do not recognize that the terms each address something distinctive. Most clients assume that child custody and placement are the...