Articles

Authorization for Final Disposition: Who Decides What Happens with My Body?

Funeral arrangements are overwhelming in the midst of loosing a loved one. It is even more difficult when the decedent leaves the decision up to family members with regard to disposition of the decedent's body. Someone can make it easier for his or her family by providing detailed instructions regarding funeral arrangements, disposal preferences, what finances will be used to pay funeral costs, as well as appointing a representative to carry out these instructions. Click here to read the full article.

Payable on Death: Not the Safest and Best Way to Transfer Funds Upon Death

We earn it, we protect it, we think about it, and we use it daily. But what happens to a person's money when they die? People want to ensure that their money goes to the correct beneficiary. They assume that naming a payable on death (P.O.D) beneficiary on their bank account creates a simple, straighforward transfer upon their passing (thus avoiding the need for an estate plan altogether), but people must operate with the correct assumptions. Click here to read the full article.

Why Should We Pre-Plan?

Financial and estate pre-planning serves the obvious purpose of passing on your financial legacy to your loved ones and facilitating the easy transfer of assets upon death. While this is an admirable objective, pre-planning serves a higher purpose than simply designating the recipient of your assets. Click here to read the full article.

Basics of Determining Child Support in Wisconsin

One of the most common issues in divorces and paternity cases is determining child support. Child support generally lasts until the child reaches 18 years of age, or 19 if they are still in high school or an equivalent program. There are a number of factors that are considered when determining child support. Click here to read the full article.

Transfer by Affidavit

One of the primary goals in estate planning is avoiding the probate process. This can be accomplished in a number of ways, principally through establishing a trust or designating beneficiary designations on accounts. While avoiding probate altogether is desirable for a number of reasons, including most notably the cost savings, the real key is to have probate assets totaling less than $50,000. Click here to read the full article.

Custody and Placement Basics

When going through a divorce, legal separation, or paternity case, many individuals are getting their first real experience in a courtroom. In such cases where children are involved, the court will make a ruling as to "Legal Custody" and "Physical Placement." Click here to read the full article.