What is a Special Needs Trust?

special-needs-trust spelled out on keyboard key
A Special Needs Trust, also sometimes referred to as a supplemental needs trust, allows the beneficiary, an individual with special needs, to receive necessary financial assistance or support without risking their eligibility for public assistance programs. Many public assistance disability programs require the individual’s income to remain below set limits. The assets in a Special
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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

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

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

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!

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 ActionCoach Interview

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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

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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 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

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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