What Documents Are Essential for an Estate Plan in Wisconsin?

Attorney reviewing an estate plan with clients
Essential Documents to Include in Your Estate Plan Creating an Estate Plan is about more than deciding who will receive your property after you die. A well-designed plan can also help protect you during your lifetime, provide instructions for medical and financial decisions, and reduce uncertainty for the people you love. For Wisconsin residents, an
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Stepchildren Inheritance in Wisconsin: Can Stepchildren Inherit Without a Will?

Blended family planning stepchildren inheritance with a Wisconsin estate plan
Stepchildren Inheritance in Wisconsin: What Blended Families Should Know When someone passes away without a will, many families are surprised to learn that their assets may not be distributed according to what they expected. This can become especially complicated for blended families with children from previous relationships, stepchildren, and multiple generations involved. Understanding stepchildren inheritance
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Retirement Accounts After Death: What Wisconsin Families Need to Know

Estate planning attorney helping a retired couple plan retirement accounts after death
Why Estate Planning Matters for Retirement Accounts After Death Many people spend decades building their retirement savings, but far fewer think about what happens to their retirement accounts after death. Whether you have a 401(k), IRA, Roth IRA, pension, or another retirement account, failing to plan ahead can create unnecessary delays, confusion, tax consequences, and
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How Remarriage and Estate Planning After Divorce Affect Your Assets

Close-up of hands signing paperwork and finalizing estate planning after divorce.
Estate Planning After Divorce: Why Updating Your Plan Matters Before Remarrying Divorce marks the end of one chapter, but it is often the beginning of many important legal and financial decisions. While the divorce process focuses on dividing marital property and resolving financial matters, it does not automatically update every estate planning document you may
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How a Living Trust Can Help Your Family Avoid Probate in Wisconsin

Attorney meeting with a family to discuss a Living Trust
Understanding How a Living Trust Can Help Your Family Avoid Probate Many Wisconsin families are surprised to learn that having a will alone may not prevent their estate from going through probate after death. Probate is the legal, court-supervised process used to administer an estate, transfer ownership of assets, pay outstanding debts, and distribute property
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What Happens to a House When the Owner Dies? A Guide to Inheriting a House in Wisconsin

A family standing in front of a residential property after inheriting a house.
Inheriting a House in Wisconsin: What Families Should Know Losing a loved one is emotionally overwhelming, and questions about property ownership can quickly add stress during an already difficult time. If you are navigating the process of inheriting a house in Wisconsin, one of the most common concerns families face is: What exactly happens to
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How to Protect Your Assets from Lawsuits Using a Trust

Asset Protection Trust Agreement document placed on a desk, legal paperwork related to trusts and estate planning.
How to Protect Your Assets from Lawsuits with Smart Trust Planning Protecting what you’ve built is a critical part of long-term financial and estate planning. Many individuals and families in Wisconsin are looking for effective ways to protect your assets from lawsuits, especially as legal risks can arise unexpectedly. One of the most reliable tools
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5 Common Estate Planning Mistakes That Cost Families Thousands

Family reading the article "5 Common Estate Planning Mistakes That Can Cost Families Thousands" on the Horn & Johnsen S.C. website, discussing wills and estate planning.
Common Estate Planning Mistakes You Should Avoid Estate planning is one of the most important steps you can take to protect your assets and your loved ones. However, many individuals and families in Wisconsin still make avoidable errors that can lead to unnecessary legal costs, delays, and emotional stress. Understanding these common estate planning mistakes
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Who Inherits If There Is No Will in Wisconsin? A Simple Guide to Wisconsin Intestacy Laws

Couple discussing estate planning with a lawyer, learning about Wisconsin intestacy laws and how inheritance is determined without a will.
Understanding Wisconsin Intestacy Laws and Who Inherits Without a Will When a person passes away without a will, their estate does not automatically go to whoever the family believes is “next in line.” Instead, Wisconsin intestacy laws determine how property, assets, and belongings are distributed. For many families, this can come as a surprise. Without
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What Happens to a Parent’s Debt After Death in Wisconsin?

Parent’s Debt After Death legal concept – attorney writing on documents during estate planning consultation
Understanding Parent’s Debt After Death and What Families Should Expect When a parent passes away, families are often left not only with grief, but also with questions about finances – especially outstanding debts. One of the most common concerns is whether children are responsible for Parent’s Debt After Death and how those obligations are handled
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What Assets Avoid Probate in Wisconsin?

Woman reading the article “What Assets Avoid Probate in Wisconsin?” on the Horn & Johnsen SC website
Assets That Can Avoid Probate in Wisconsin When someone passes away, many families assume that all property must go through probate court before heirs can receive anything. In reality, that is not always the case. Certain assets that avoid probate in Wisconsin can transfer directly to beneficiaries or surviving owners without going through the court
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Living Trust vs Transfer-on-Death Deed Wisconsin: What Homeowners Must Know in 2026

Person signing documents for Living Trust vs Transfer-on-Death Deed in Wisconsin
Living Trust vs Transfer-on-Death Deed for Homeowners: Key Differences Explained For Wisconsin homeowners, deciding how to pass real estate to the next generation through a Living Trust vs Transfer-on-Death Deed is one of the most important estate planning decisions. In 2026, many families are asking the same question: Should I use a revocable living trust
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Planning for Parental Incapacity: A Wisconsin Guide Beyond Traditional Guardianship

Planning for Parental Incapacity Without Court Guardianship As parents age, families often worry about what happens if a loved one becomes unable to manage financial, medical, or personal decisions, making planning for parental incapacity in Wisconsin an essential step to protect their interests and preserve dignity. In Wisconsin, many people assume guardianship is the only
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How to Avoid Family Disputes During Probate: Attorney Insights

Attorney Dera L. Johnsen-Tracy meeting with clients to discuss estate matters and prevent family disputes during probate in Wisconsin.
How Estate Planning Can Help Reduce Family Disputes During Probate Probate is often one of the most emotionally challenging legal processes a family can face. While it ensures assets are distributed properly, probate can also lead to tension, misunderstandings, and family disputes during probate. Many conflicts arise from unclear planning, outdated documents, or unmet expectations.
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How Estates With an Incomplete or Invalid Will in Wisconsin Are Handled

Attorney reviewing an Invalid Will in Wisconsin with a client during a estate planning consultation.
What Happens With an Invalid Will in Wisconsin Probate Estate planning can protect what you’ve worked for and provide peace of mind for your loved ones. But when a key document – such as a will – is missing, unsigned, contradictory, improperly executed, or becomes an invalid will in Wisconsin, it can create confusion, delay
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Year-End Updates to Wisconsin Estate Laws: What Changed and What It Means for Your Family in 2026

Client consultation about Wisconsin estate laws with a lawyer
Practical Estate Planning Considerations Under Wisconsin Estate Laws for Families As 2026 begins, families in Wisconsin should review their estate plans to ensure their documents remain effective and compliant with current estate laws. While some recent legal changes impact trusts, probate, and guardianship, careful planning helps protect assets and loved ones. 1. Wills & Beneficiary
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Avoid Court by Having an Estate Plan in Place Now

Avoid Court by Having an Estate Plan in Place Now
Estate planning isn’t just for the ultra-wealthy or elderly. It’s a crucial step for anyone who wants to ensure their assets are distributed according to their wishes and their loved ones are taken care of. Without a proper estate plan, your family could face lengthy and costly court proceedings. In this blog post, we’ll explore
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Incorporating Cabins and Secondary Homes into Your Estate Plan

cabin on a lake
When it comes to estate planning, it’s essential to consider not only financial assets but also properties that hold sentimental and practical value, such as cabins and secondary family homes. These properties often serve as retreats from daily life, places of family gatherings, and places of cherished memories. Including these homes in your estate plan
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Navigating the Complexities of Estate Planning for Blended Families

blended families
Estate planning is a critical component of securing the financial future of your loved ones. However, when it comes to blended families, the process can become exponentially more involved. With the complex dynamics and relationships involved, careful consideration and strategic planning are paramount to ensure your wishes are honored and potential conflicts are mitigated. As
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Navigating probate in Wisconsin: The role of Horn & Johnson SC

Navigating probate in Wisconsin- The role of Horn & Johnson SC
Probate can be a daunting process, especially for those who are unfamiliar with its intricacies. When a loved one passes away, their estate often enters probate, a legal process that involves validating the deceased’s will (if there is one), identifying and inventorying assets, paying debts and taxes, and distributing remaining assets to beneficiaries. In Wisconsin,
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Meet John Horn: Your Estate Planning Seasoned Attorney

Meet John Horn- Your Estate Planning Seasoned Attorney
As co-founder of Horn & Johnsen SC, John relies on 30+ years of experience in tailored estate planning. With a friendly attitude and a commitment to practical solutions, John has earned rave reviews for his strategic approach to trust and will planning. In essence, John understands that people entrust their estate planning attorneys with the
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Meet Dera L. Johnsen-Tracy: Your Compassionate Guide in Estate Planning

Meet Dera L. Johnsen-Tracy- Your Compassionate Guide in Estate Planning
In the world of legal professionals, it’s not every day that you come across someone as dedicated, experienced, and personable as Attorney Dera L. Johnsen-Tracy. As a shareholder and co-founder of Horn & Johnsen SC, Dera brings a wealth of knowledge and a personal touch to her practice, specializing in estate planning, probate, and adult
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Navigating the Future: Exploring Living Wills, Revocable Trusts, and Irrevocable Trusts for Comprehensive Estate Planning

Senior couple planning their will
Estate planning is a crucial step in ensuring the smooth transfer of assets and the preservation of wealth for future generations. When considering estate planning options, three common instruments often come to mind: wills, revocable trusts, and irrevocable trusts. Each serves a distinct purpose, and understanding their differences can help you make informed decisions based
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The importance of preparation: Downfalls of failing to plan for mental incapacity with a living will

Excited aged married couple sign will
Life is unpredictable, and while it’s natural to focus on the present, it’s imperative to consider the future as well. ​A part that often goes overlooked is planning for the possibility of mental incapacity, which is a condition in which an individual ​cannot make decisions or understand and appreciate the consequences of their actions due
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What do I need to know about asset freezing?

laptop with "froozen asset" written on screen.
Asset freezing is a legal process by which a court or government agency can prevent individuals or businesses from disposing of or accessing their assets, such as bank accounts, investments, and property. The purpose of asset freezing is to prevent the transfer of assets that may be involved in criminal or fraudulent activities, and to
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Do I need a revocable living trust, a will or both?

ink pen on legal paper
Do I need a revocable living trust, a will or both? While a will’s intent may seem straightforward, there’s a more direct way to ensure your assets are handled according to your wishes after your death, saving your heirs time and hassle in dealing with the courts. A revocable living trust (RLT) generally involves three
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Why is it important for me to have a will?

Last Will and testament on wooden desktop
Contrary to popular opinion, a will is not only for the wealthy. It allows you to decide how your assets are distributed once you pass away. More than 50% of Americans think that estate planning is at least somewhat important, but only 33% have a will or living trust. That number has only slightly increased
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Estate Planning at Every Stage of Your Life!

Avoid These Common Mistakes When Estate Planning
Although we all know how important it is to have an estate plan, we don’t always realize how different stages or events in our life can affect estate planning. Whether you are looking to have kids, you are going through the midlife challenges of caring for your children and your own aging parents, or if
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Avoid These Common Mistakes When Estate Planning

notebook with estate planning written on paper
We all know how important it is to have some form of estate plan in place, be it a Will or a Trust. In the event of the unexpected, an estate plan can help protect you and make sure your wishes are carried out in regard to your heirs and beneficiaries. However, estate planning can
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Do You Need More Than a Will?

Older couple with document
When many people think of estate planning, their first thought is often of a Will. However, a Will isn’t always the only, or even the best, option. Estate planning is a complicated process and it truly depends on each individual’s unique circumstances and goals. Everyone wants to make sure that their assets are transferred smoothly
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Discuss Estate Planning with Aging Parents

An adult son and senior father with tablet sitting on stairs indoors at home.
Parents are used to taking care of their children. So, it can often be a struggle when the roles begin to flip as children become adults and parents grow older. Though it may sometimes be a difficult conversation to broach, being aware of our parents’ end of life plans and helping them consider what other
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Letter of Instruction

hand of woman holding pen with writing on paper report in office
In addition to a Will and/or a Trust, an additional measure you can take to try to minimize conflict or complications after your death is by creating a Letter of Instruction. A Letter of Instruction typically includes sections on funeral arrangements, financial and personal affairs, and the distribution of personal effects. First, you can make
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How to Protect Your Estate

How to Protect Your Estate
As we have all learned recently while living through a global pandemic, life can deal you any number of surprises, the most difficult being the death of a loved one. As estate planners, we believe it is extremely important that you and your loved ones prepare for the unexpected by making sure that you understand
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Help Your Heirs Avoid Probate With a Living Trust

dictionary picture of probate meaning
Probate can be an extremely time consuming and expensive process that is best avoided whenever possible. With this in mind, it is essential to work with an estate planning professional to safely and confidently plan ahead for the future. A living trust can be a great option when it comes to considering the future and
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I Don’t Have Children – Do I Really Need an Estate Plan?

I Don’t Have Children – Do I Really Need an Estate Plan
Many people who have no children wonder whether they really need an estate plan. After all, when they’re gone, does it really matter? For people who have no children, it can be even more important for them to have a good estate plan in place. Often, the default provisions of Wisconsin law that apply in
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Steps to Prepare for End of Life

person jumping up steps to the end
Many people neglect to take all of the necessary estate planning steps prior to their death, leaving their loved ones to clean up the mess. Currently, more than half of all American adults do not have a will or any other form of estate plan in place. In this situation, your loved ones will not
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What To Do With Your Digital Assets Before You Die

laptop and iphone on table with a cup of coffee.
We live in a modern, digital world where a large portion of our lives take place online. With this in mind, it is important to remember your digital assets when organizing your end of life plans. Instead of leaving a digital mess for your family or friends to clean up, consider some of the many
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Children Come First Conference

Children Come First Conference
31st annual Children Come First Conference! Nov 15-16th, 2021 Kalahari Resort and Conference Center Wisconsin Dells, WI Featured Speakers: Attorney Dera L. Johnsen-Tracy The CCF Conference is full of practical and inspiring content about caring for or working with children, youth, and young adults with social, emotional, behavioral, or mental health challenges.  Learn strategies to
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Estate Planning Basics

Gifted real estate agent demonstrating house project to the clients
Thursday, Oct 7, 2:00pm to 3:00pm Meadowridge Library – Community Rooms A and B Combined Attorney Dera L. Johnsen-Tracy is a shareholder and co-founder of Horn & Johnsen SC in Madison, Wisconsin. She focuses her legal practice in the areas of estate planning, probate, and adult guardianship. Dera is top-rated by Super Lawyers and has
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Essential Estate Planning Documents

Essential Estate Planning Documents with pen
Thinking about your end of life plans is often uncomfortable and many people would prefer to put the process off as long as possible. However, whether you are in your 20s or you are in your 90s, there are a handful of essential estate planning documents that everyone should have in place. First, it is
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A Coordinated Estate Plan

A-Coordinated-Estate-Plan
You may have already sat down with an attorney and created a Trust but do you know if any unexpected aspects of your life will work against it? There is more to estate planning than simply creating a Will or establishing a Trust. Making sure all the parts of your life align in order to
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Protecting Your Property from Nursing Home Care Costs

Protecting Your Property from Nursing Home Care Costs
According to Genworth, the national annual median cost for a nursing home facility is $93,075 for a semi-private room and $105,850 for a private room. A common concern for many individuals and families is that they may require nursing home care in the future, which could deplete the hard-earned assets of their estate. Title 19
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How to Start Downsizing an Estate Before The End

How to Start Downsizing an Estate Before The End
A good thing to keep in mind is that you don’t have to wait until the end to start downsizing an estate. While you or an elderly family member is still alive, you can start to go through the estate and make decisions that will help ease the transition after death. Take Inventory (of everything!):
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2021 Avvo Clients’ Choice Award!

AVVO Clients' Choice
We are excited to announce that our very own Dera Johnsen-Tracy has won the 2021 Avvo Clients’ Choice Award! This exciting achievement is because of all the exceptional, quality work that Dera provides to her clients everyday. Dera is a shareholder and co-founder of Horn & Johnsen SC and she is a 2008 graduate of
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John Horn Action Coach Interview

ActionCoach logo
Recently, ActionCOACH Enrollment Specialist Rob Maniaci interviewed John Horn as a part of their series “Business Owners Speak Out”. They discussed the estate planning business and how Horn & Johnsen has dealt with the COVID-19 pandemic: Rob: Tell me a bit about your business: John: Horn & Johnsen SC does estate planning work. This involves
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Estate Planning 101 w/ Dera L. Johnsen-Tracy

Family holding model of a house
Dera will provide an overview of estate planning, including the basic estate planning documents everyone should have in place, regardless of your age or the size of your estate, along with a brief discussion about living trusts and when they should be considered. When: February 22, 2021 12:00 PM Central Time (US and Canada) Register
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John Horn Celebrates 30 Years of Practice!

John Horn
John Horn is a shareholder and co-founder of Horn & Johnsen SC. He graduated from the University of Wisconsin Law School in 1991 and then served a two-year tenure on the judicial bench as a court commissioner for Marathon County, Wisconsin. While in this role, he learned and implemented wide-ranging areas of law, gaining a
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Leaving Assets to Your Grandchildren

Leaving Assets to Your Grandchildren
Often, grandparents wish to set aside a certain amount or a certain percentage of their estate specifically for their grandchildren. There are several options available to accomplish this objective: 1. Establish 529 college savings plans. This option can be beneficial from an income tax standpoint. You can remain the owner of the plan during your
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Don’t Forget About Your Digital Assets!

Iwatch on wrist
One aspect of estate planning that many people forget is their digital assets, such as social media, websites, financial accounts, and more. As we live in an increasingly digital world, it is important to make sure that you have designated in your will a party to handle retrieving your digital assets and shutting down your
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Start Thinking About Estate Planning Now

Family talking
The holidays are upon us and, for many, this means spending quality time with those we love, both physically and virtually. While we give thanks for what we have and begin to look towards the future, now would be a good time to start thinking about estate planning. Securing every aspect of your future is
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2020 Avvo Clients’ Choice Award

Avvo clients choice award 2020
Attorney Dera L. Johnsen-Tracy has been selected to receive the 2020 Avvo Clients’ Choice Award for outstanding client reviews. Avvo is a legal website that features ratings and reviews for attorneys in every state. Its purpose is to help people get legal advice, find the right lawyer and make informed legal decisions. To see Dera’s reviews, please
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Thirteen Estate Planning Terms You Need to Know

Estate planning—it is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing guardians for minor children, choosing healthcare agents to make decisions for you should you
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Estate Planning in the Age of COVID-19

Book, Hourglass
Estate planning is important for everyone, regardless of your financial circumstances.  For example, you could be worth very little and still need someone to make health care decisions for you and manage your bank account in the event you became incapacitated.  Without proper planning, even these simple matters could require a court proceeding. Although estate
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What Estate Planning in Madison, WI, Commonly Involves for People Like You

What Estate Planning in Madison, WI, Commonly Involves for People Like You
If you want to make sure that your financial and property distributions are arranged before your death, estate planning service can help you sort out all the details. Here are some of the most common things that estate planning in Madison, WI, involves. Will Drafting or Finalizing If you haven’t yet written a will, your
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Understanding How Property Ownership Affects Your Estate Planning Goals

estate planning goals 2020
Having a will or a living trust in place is a great start to a comprehensive estate plan. However, it is also important to make sure that all of your assets are titled in a manner that will ultimately accomplish estate planning objectives. The most common forms of ownership are as follows: Sole Ownership Sole
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Who to Call When You Need a Special Needs Trust Madison WI

Special Needs Trust
Once in a while, families will have a need for a special needs trust in Madison, WI. When we do, we want a law firm that can handle this request with professionalism. That is why families often turn to Horn & Johnsen, S.C. Who Are We We are a multi-practice law firm specializing in wills
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3 Reasons It’s Important to Update Your Will

living will estate planning attorney madison wi
If you already have a will, you are ahead of the many Americans who have not yet taken this important estate planning step. However, making a will is not a one-time project. For this instrument to remain an effective way to distribute your property, it is vital to periodically review and update your will. An
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How will my family pay for my funeral?

funeral estate planning madison wi
Upon the death of a loved one, one of the most immediate, pressing concerns is often how the family will pay for his or her funeral expenses. This guide is designed to address common misconceptions and to provide guidance from an estate planning attorney’s perspective. Faulty Solution: I have named my child as a payable-on-death
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What to Consider When Setting Up Trusts for Children

Trusts for children estate planning attorney madison wi
Part of being a parent involves ensuring your children are secure financially when you pass away. This is the reason why it is paramount to pursue estate planning early on when your children are still minors. Many parents have discovered the benefits of trusts for children, and you may want to consider placing your assets
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I have an estate plan in place! Now what?

health care planning madison wi
According to Caring.com’s 2019 survey, 57 percent of U.S. adults do not currently have estate planning documents such as a will or living trust. If you are among the 43 percent who have created an estate plan, congratulations on taking the necessary steps to provide peace of mind for yourself and for your family. Now
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John Horn Featured on 93.1 JAMZ

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So much fun having Estate Planning Attorney John Horn “Horn & Johnson SC” on #fitandfabulous. My friend John helped me and my family and I feel #fabulous knowing my loved ones will be taken care of when it’s my time to leave this beautiful ???? It’s the BEST GIFT to give❤️ Learn what an estate plan is, what is probate, how can you protect
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Estate Planning & Why You Need It!

John Horn and Dera Johnsen
Join Attorneys John Horn and Dera Johnsen-Tracy of Horn & Johnsen SC for this free seminar. Learn critical information on trusts, Medicaid protections and proper planning. Learn how to avoid probate and eliminate thousands of dollars in expense and months of stressful court proceedings. Get beneficiary designations done right. When: Tuesday, November 5, 2019 Time:
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2019 AAII Investor Conference

AAII Investor Conference
It’s your opportunity to learn face-to-face from the best and brightest in the investing world. This exciting AAII event takes place at the Omni Orlando Resort at Championsgate October 25 to 27. Reserve your spot today — this AAII event regularly sells out. Register Now
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H & J Private Event: Medicare Options, What You Should Know

Medicare Options, What You Should Know
Back again by popular demand! Join us for a discussion with April Wahl, Local Insurance Specialist with Midwest Financial Group about Medicare and the various Medicare health plans available. April will discuss Senior Insurance options including Medicare Advantage Plans, Supplemental or Medigap Plans, Drug Coverage and clarify enrollment periods. Where: Tuesday, October 22, 2019 Time:
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Practical Ways to Maximize the Protection of a Limited Liability Company

business law limited liability company madison wi
If you own a small business, you probably have it set up as a limited liability corporation (LLC) or a corporation. This limits your personal liability and protects your assets from corporate creditors. Other than hiring a business law attorney in Madison, what can you do to maximize the protection provided by an LLC? Here
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Dera Johnsen-Tracy Awarded the 2019 AVVO Client’s Choice Award

Avvo Clients choice award 2019
Madison, Wisconsin, July 2, 2019: Horn & Johnsen S.C. is pleased to announce that Dera Johnsen-Tracy from the firm has been awarded the 2019 AVVO Clients’ Choice Award and been added as Super Lawyers to the 2019 Wisconsin Rising Stars List. Both of these honors are due to the exceptional service she gives to all
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3 Essential Health Care Planning Documents

health care planning madison wi
When people think of “estate planning,” they often consider only what will happen with their assets upon death and, if they have minor children, who will care for them.  However, death planning is only one piece of the estate planning puzzle.  A comprehensive estate plan should include not only a will or living trust, but
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Dera L. Johnsen-Tracy of Horn & Johnsen SC Celebrates 10 Years as an Attorney

Madison, Wisconsin, March 29, 2019: Horn & Johnsen SC is pleased to announce Dera L. Johnsen-Tracy’s celebration of 10 years of practicing law. Dera L. Johnsen-Tracy is Shareholder and Co-Founder of Horn & Johnsen SC. The Wisconsin-based estate planning firm works with clients on a variety of issues to help them confidently and securely plan
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Living Trust vs. Will: What You Need To Know

Senior Citizens shaking hands.
You’ve probably heard the terms living will and trust used interchangeably. Although both a will and a living trust are important estate planning documents, they are actually very different. If you are new to the process of planning for your estate, it’s important understand how living trusts and wills are used. Basic Definitions This document
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What Is a Pour-Over Will?

Pouring milk onto an espresso
Many people assume a living trust is all they need to pass on their assets to beneficiaries upon their death. However, unless every asset is documented in the trust, this can be a difficult and long process. A pour-over will can help your estate planning be complete. Pour-Over Will Basics To begin with, a pour-over
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John Horn and Dera Johnsen-Tracy Published in AAII Journal

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Madison, Wisconsin, November 17, 2018: John Horn and Dera Johnsen-Tracy published an article, “Using Beneficiary-Directed Trusts to Protect Your Heirs,” in the October issue of the AAII Journal, the official publication of the American Institute of Individual Investors (AAII). In their article, John and Dera summarize how beneficiary-directed trusts can be used in estate planning,
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H&J Private Event: Medicare Options, What You Should Know

H&J Private Event: Medicare Options, What You Should Know
Join us for a discussion with April Wahl, Local Insurance Specialist with Midwest Financial Group about Medicare and the various Medicare health plans available. April will discuss Senior Insurance options including Medicare Advantage Plans, Supplemental or Medigap Plans, Drug Coverage and clarify enrollment periods. Space is limited and preregistration is required. When Wednesday, October 24,
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4 Common Myths About Estate Planning

A generic last will and testament.
An estate plan can be complicated, and there are many myths surrounding the process. From probate to guardianship to simple wills and trusts, there are many aspects of planning that should be reviewed by an attorney. Planning is important for every single individual who wants to see their assets and wealth passed down in the
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Best Ways to Avoid Probate

Estate Plan
When an estate must go through the probate court, the process can be long and expensive, sometimes taking years to resolve. The longer the process takes, the more it costs, and the heirs are left with less of the estate in the long run. To avoid these problems, most individuals and probate attorneys do what
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Finding the Right Probate Lawyer

probate lawyer madison wi
If you are interested in setting up a plan for your estate if you were to become incapacitated or pass away suddenly, the best way to do that is with the help of a qualified, experienced probate lawyer. Finding a good lawyer can be like searching for a needle in a haystack, so we have
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Conservatorships and Adult Guardianship

adult guardianship estate planning attorney madison wi
As an adult, it is assumed that you can care for yourself and make decisions regarding your estate and your welfare. However, times arise when a person is unable to care for themselves and at that point, a court-appointed decision maker may step in. These people are known as conservators or guardians and they are
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John Horn, Esq. Named to Prestigious 10 Best Estate Planning Attorneys List

John Horn
Madison, Wisconsin, May 28, 2018: Horn & Johnsen SC Estate Planning Center of Wisconsin is proud to announce that John Horn, Esq., shareholder and co-founder, has been recognized by the American Institute of Legal Counsel (AIOLC) as an AIOLC 2018 10 Best Estate Planning Attorneys in Wisconsin. AIOLC is an impartial third-party attorney rating organization
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WealthCounsel and ElderCounsel’s Symposium – 07/31/2018

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Attorneys John Horn and Dera Johnsen-Tracy are proud members of WealthCounsel, LLC, a highly respected national consortium of estate planning attorneys. John and Dera have been invited to present as faculty at the WealthCounsel and ElderCounsel’s national Symposium 2018 in San Diego, California! For more information, visit https://wealthcounsel.swoogo.com/symposium2018/. For tickets visit https://wealthcounsel.swoogo.com/symposium2018/.
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H&J Private Event: What is a Daily Money Manager? – 5/22/2018

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Daily Money Managers help seniors with bill paying, opening and sorting mail, reviewing financial statements and organizing important medical and financial paperwork. Join us for a discussion with Barbara Boustead of Mary’s Daughter LLC and Judy Fowler of Personal Money Management, LLC about how a DMM can help you or a loved one! Preregistration is
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CLE – On Borrowed Time: Emergency Estate Planning – 5/3/2018

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Attorneys can register through the State Bar of Wisconsin (PINNACLE) for “On Borrowed Time: Emergency Estate Planning” at the State Bar Center on Thursday, May 3rd from 8:30am-3:50pm. Dera is one of several presenters for this program. Find Out More Information Here.
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2018 Investor Conference for the American Association of Individ – 10/26/2018

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Attorneys John Horn and Dera L. Johnsen-Tracy of Horn & Johnsen SC are featured presenters at the 2018 Investor Conference for the American Association of Individual Investors (AAII), presenting “Exotic Trusts and When to Use Them”. For more information, visit http://www.aaii.com/conference. Runs from: 10/26/2018 – 10/28/2018
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Horn & Johnsen SC Invited to Speak at National Symposium in August

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Madison, Wisconsin, April 20, 2018: Horn & Johnsen SC is pleased to announce the company’s associates have been invited to speak at a national symposium in August. The Wisconsin-based estate planning firm works with clients on a variety of issues to help them confidently and securely plan for their future. Since lawyers John Horn and
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What are “Spare Tire” Provisions in a Trust?

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Well-drafted and comprehensive trusts should contain certain language we often refer to as “spare tire” provisions. For example, you might not have any beneficiaries now who are receiving government benefits based on a disability. Things such as Supplemental Security Income (SSI) or Medicaid. The reality is that we are all one accident away from disability.
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Estate Planning for Small and Modest Estates at the ASCLS-WI State Convention – 4/26/2018

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Date and Time: April 26, 11am-12pm Location: Crowne Plaza Milwaukee Airport, Milwaukee, WI Attorney Dera L. Johnsen-Tracy of Horn & Johnsen SC will present Estate Planning for Small and Modest Estates at the 2018 Wisconsin State Convention of the Wisconsin Chapter of the American Society for Clinical Laboratory Science (ASCLS). For more information, visit Click
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Attorney Dera Johnsen-Tracy Named to the 2017 Wisconsin Rising Stars List

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A Rising Attorney We are pleased to announce that Attorney Dera Johnsen-Tracy of Horn & Johnsen SC has been selected to the 2017 Wisconsin Rising Stars list (this is her second year in a row). This is an exclusive list, recognizing no more than 2.5 percent of the lawyers in the state. Super Lawyers, part
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Guest Blog: A Transition Therapist Can Help with the Uncertainty of an Aging Parent

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In the simplest of terms, transitions are difficult because we unconsciously or even consciously resist change, which involves adjustments that we are not prepared to encounter. We will all face this at some point in our lives. One aspect of transition is the uncertainty with what to do with an aging parent? While aging is
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Texas Court Strikes Down Obama Overtime Rule

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No change to Fair Labor Standards Act Last week District Court Judge Amos Mazzant in Plano, Texas ruled that recent overtime changes to the Fair Labor Standards Act would not be implemented. You may have heard about this and even been preparing. The changes would have increased the minimum wage for application of the rule
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The Dilemma of Jointly Owned Real Estate

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The Dilemma of Jointly Owned Real Estate All too often, parents with good intentions leave real estate to multiple children as co-owners. This can be done through lifetime gifting (i.e., through a quit claim deed) or upon death through a transfer on death deed, by will or by trust. Unfortunately, this strategy often creates family
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Avoid the Top 5 Mistakes Made by Women Entrepreneurs – 9/26/2017

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Attorney Dera Johnsen-Tracy will present “Avoid the Top 5 Mistakes Made by Women Entrepreneurs” on September 26, 2017 at the Wisconsin Women Entrepreneurs dinner at the Thirst Goat in Fitchburg. Members and non-members are welcome to attend. For details, or to register, Click Here The post Avoid the Top 5 Mistakes Made by Women Entrepreneurs
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Equine Estate Planning: Do you have a plan for your horse?

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The Problem Wisconsin law views our horses and other pets/animals as property. Without written instructions of your wishes, no legal protections exist for your “property.” You cannot leave money or property directly to your animal(s), and informal arrangements are not legally enforceable. What’s the solution? Formally incorporate your four-legged family members into your estate plan! Essential Estate
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When is it too late for Estate Planning?

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A Trip to Mexico I recently took a trip to central Mexico to visit my parents, who have retired there. While eating breakfast at a restaurant in the Mérida airport upon our arrival my husband asked my 96-year-old grandmother, who was diagnosed several years ago with Alzheimer’s disease and now lives with my parents, “So Mary,
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The Brady Bunch: What if Mike and Carol had no Estate Plan?

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Many of us grew up watching The Brady Bunch, a popular family sitcom of the late 1960s to early 1970s revolving around a large blended family with 6 children, and many of us can also personally relate to the situation. Statistics show that more than half of all first marriages end in divorce and about 75%
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WISCONSIN RESIDENTIAL REAL ESTATE AND ONLINE FORMS DO NOT MIX

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Before I start haranguing landlords about the hazards of using online forms, let me start at the beginning of why we have lawyers, laws, and even crazy laws. Lawyers are necessary in this nation of laws. Laws govern collective behavior from how fast you can drive to where you can build a building and whether
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Ten Reasons You Should Not Have a Living Trust

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Have you ever considered creating a revocable living trust? If the following apply to you, you might want to reconsider… You want to make things as difficult as possible for your family members upon your death or incapacity. You want your children to fight over your estate when you’re gone. You want a lengthy public
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How Vacation Planning is Similar to Estate Planning

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My husband and I just returned from a much-needed vacation to Cozumel, Mexico.  When I considered the steps it took to get us there, it occurred to me that vacation planning is surprisingly similar to estate planning! From considering the type of vacation that made the most sense for our family, to researching options online,
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Considerations in a “Gray Divorce”

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Gray Divorce The frequency of “Gray Divorce” is increasing in Wisconsin.    According to the Washington Post, in the last 25 years, the divorce rate for couples over 50 years old has doubled.  The rate for those over 65 has more than doubled.  As a Wisconsin divorce lawyer, I have noticed the changing demographic of my
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Considerations in a “Gray Divorce”

The frequency of “Gray Divorce” is increasing in Wisconsin.    According to the Washington Post, in the last 25 years, the divorce rate for couples over 50 years old has doubled.  The rate for those over 65 has more than doubled.  As a Wisconsin divorce lawyer, I have noticed the changing demographic of my clients.  To
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The Handshake Agreement is Worth the Paper it is Written On

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Airplanes and Wills Co-ownership of an airplane is the cheapest way to fly. Many pilots start out in one of these. Variations of this type of ownership are flying clubs, fractional ownership, or unspoken agreements that more than one person fly an aircraft titled to one person. As the cost of aircraft maintenance and storage
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Common Questions About Medicaid and Medicaid Planning

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What Is Medicaid? Medicaid is a need-based medical assistance program administered by federal and state governments. It provides a wide range of medical services to the aged and disabled. You cannot exceed certain income and resource limits if you wish to qualify for Medicaid; you will probably need to “spend down” your assets until you
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Death Probate: What’s the Big Deal?

Many people often assume that, if they have a will, then there should be no need for a court proceeding upon death. After all, you spelled out all of your wishes in writing, and even signed your will at a lawyer’s office with witnesses and notaries, so why would a judge get involved? In reality,
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