What farmers need to know about estate planning

Many farm owners in Wisconsin want to preserve their farm so they can pass it down to the next generation. However, if they don’t keep their estate plan up-to-date, their immediate family might be facing a legal battle after they pass away. Here’s some common estate planning mistakes that farmers should avoid. Common estate planning… Continue reading What farmers need to know about estate planning

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New marriage requires estate planning revisions

Life’s goals often change over time, and even a happily married couple can wind up in a Wisconsin divorce court. Many older Oshkosh-area couples go through a so-called “gray divorce” near their retirement years. Yet others might get divorced at younger ages but still after having established rewarding careers and earning many assets. A lot… Continue reading New marriage requires estate planning revisions

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Dealing with digital assets in an online estate plan

As technology begins to make its way into more and more areas of everyday life, the concept of creating online wills has recently become more popular. While that premise may sound appealing based solely on convenience, Wisconsin residents need to know how to best utilize this option for estate planning, including dealing with digital assets.… Continue reading Dealing with digital assets in an online estate plan

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Are you making one of these estate planning errors?

You want your loved ones to be secure after you’re gone, so you know it’s important to have your estate plans in order well before your death. However, even the best laid plans can be disrupted simply because people aren’t aware of the mistakes they’re making. Could you be guilty of one of the following major… Continue reading Are you making one of these estate planning errors?

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Don’t forget your loved one’s credit reports after their death

If you’re the executor of a loved one’s estate, one of your responsibilities is to deal with their financial products, including bank accounts, credit cards and loans. You will likely close their accounts, cancel their credit cards and pay off any balances on those cards as well as on their loans and lines of credit.… Continue reading Don’t forget your loved one’s credit reports after their death

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Is a spendthrift trust the right choice for your heirs?

Good parents realize that loving their children means preventing them from harm. It also means that they may need to step in at times and protect them from their own worst inclinations. Unfortunately, for some parents, the need to do this doesn’t stop when their children reach adulthood. You know your children better than anyone… Continue reading Is a spendthrift trust the right choice for your heirs?

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Business owners have an extra reason to plan estates well

It’s not easy to discuss what to do with assets and properties upon a family member’s death. Discussion of the end of life is always unpleasant, and descendants may have different ideas over what to do with homes and businesses. Owners of farms, people who own family businesses, farms and other major sources of revenue,… Continue reading Business owners have an extra reason to plan estates well

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