Three Common Estate Planning Mistakes Made with Real Estate
Wednesday, 13 May 2015
Estate planning truly is the ultimate gift for your loved ones, and a comprehensive estate plan should always include a review of the titles and beneficiary designations for all assets to ensure they are consistent with your estate planning objectives. Otherwise, unintended consequences may ensue. Real estate, in particular, can be the cause of serious family conflict
- Published in Horn & Johnsen News
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How Can I Avoid Probate?
Friday, 20 March 2015
Estate planning truly is the ultimate gift for your loved ones, and a comprehensive estate plan should always include a review of the titles and beneficiary designations for all assets to ensure they are consistent with your estate planning objectives. Otherwise, unintended consequences may ensue. The manner in which your assets are held will determine whether or
- Published in Horn & Johnsen News
The True Value of a Turtle Bell
Tuesday, 03 March 2015
My grandparents’ home in San Antonio, Texas was beautiful and mysterious, and was also one of the most uncomfortable places for a young child. Surrounded by irreplaceable artwork and collections from around the world, I learned from an early age not to touch anything. The only exceptions to this rule were two brass turtle hotel
- Published in Horn & Johnsen News
Buying a New Home? Make Sure Closing is a Happy Event!
Thursday, 26 February 2015
Buying a home can be one of the happiest, most exciting days of your life! It can also be one of the most stressful! And if the proper pieces aren’t in place, chances are your big day is going to be filled with anxiety and uncertainty. So how can you make sure your closing is a
- Published in Horn & Johnsen News
How to Make Sure Your Children Don’t Inherit at Age 18
Tuesday, 17 February 2015
If you are the parent of minor children, then having a will in place is essential. In addition to designating guardians for your children and naming a personal representative (a/k/a “executor”), your will also sets forth the disposition of your estate upon your death and should include the creation of testamentary trusts to ensure your
- Published in Horn & Johnsen News
The Trouble with “I Love You” Wills
Thursday, 05 February 2015
The most common estate planning document used by married couples is affectionately referred to by estate planning attorneys as the “I Love You” Will. Within this type of will, each spouse leaves all assets to the surviving spouse upon the first death, then to the couple’s joint children upon the second death. Provided you and
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5 Reasons You Need a Will if You Have Minor Children
Tuesday, 06 January 2015
If you are the parent of a minor child or minor children, having a will in place is essential. With a properly drafted will, you can accomplish all of the following: Name a Guardian 1. Your will designates your preference for guardians of your minor children. Name a Personal Representative 2. Your will names a
- Published in Horn & Johnsen News
Wisconsin Pet Trusts
Tuesday, 18 November 2014
The Attorneys and staff at Horn & Johnsen SC know that our pets are friends, companions and family rather than property. >Unfortunately, Wisconsin law views our pets as property. The bottom line is: without written instructions of your wishes, your “property” can be legally destroyed. Every hour of everyday 50 companion animals are euthanized in
- Published in Horn & Johnsen News
Who is Responsible for the Debts of My Parents When They are Gone?
Wednesday, 05 November 2014
Over the years, I have received many questions from clients and others regarding estates. A very common question is, “Who will be responsible for the debts of my parents when they are gone?” This question is most concerning when you become aware that your parent(s) do not have sufficient assets of their own to pay
- Published in Horn & Johnsen News
The Nursing Home Dilemma
Wednesday, 29 October 2014
Clients and prospective clients often ask me about legal options available so that they might qualify for Medical Assistance in the event they need nursing home care at some time in the future. Some suggest gifting to their children during their lifetimes while others suggest establishing an irrevocable trust known as a “Medical Assistance” trust
- Published in Horn & Johnsen News