In a letter to French scientist Jean-Baptiste Le Roy in 1789, Benjamin Franklin famously wrote, “Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.” He was absolutely correct, as our Constitution has been amended 27 times. […]
Deciding who to name as the beneficiary of your 401(k), IRA, or other qualified retirement account is a crucial part of estate planning. This decision can significantly impact how your assets are distributed and taxed after your death. With the introduction of the SECURE (Setting Every Community Up for Retirement Enhancement) Act on January 1, […]
In Wisconsin, a Marital Property Agreement can be a valuable tool for estate planning, particularly for transferring property without going through probate, the legal process of distributing a deceased person’s estate, which is often both time-consuming and costly. Here’s how it works: What is a Marital Property Agreement? A Marital Property Agreement is a legal […]
McCarty Law LLP is proud to announce that partner Jon Fischer has been added to the Wispact board of directors. Wispact is a nonprofit organization dedicated to protecting and improving the quality of life for Wisconsin residents with disabilities, particularly by establishing and managing Special Needs Trusts (SNT). SNTs are used to protect the assets […]
It’s that time of year again – I just filed my taxes and can breathe easier knowing my financial health is in order. But, it’s also the time of year to ensure my actual health, and specifically my health care wishes, are in order. April 16, the day after the deadline for filing taxes, is […]
National Special Needs Law Month, designated by The National Academy of Elder Law Attorneys every October, helps bring awareness and education to issues that people with disabilities and their families face. While estate planning is crucial for all individuals, it is especially important for those with special needs and disabilities and their loved ones. Leaving […]
The day my kids were playing outside and shouted into the air “Alexa, what’s the weather forecast,” I realized that I have unknowingly embraced the convenience of artificial intelligence or “AI.” While Alexa has certainly made finding the weather forecast and answering if moose are vegetarians easier, it has me thinking about other areas of […]
It’s that time of year again – back to school. While you might be picking up things like computers and dorm supplies for your college student, some back-to-school necessities that few parents think about, however, are the ones with legal ramifications. Many high school seniors and most kids heading off to college are over […]
Probate is a legal process that comes into effect upon your passing, and its purpose is to supervise the fair distribution of your assets to your heirs, beneficiaries or creditors. The process is triggered when your assets are frozen, which basically means that you haven’t designated any beneficiaries nor joint owners who could inherit your […]
APPLETON, Wis. – McCarty Law LLP, a top law firm in Northeast Wisconsin, has announced that Sara Micheletti has joined the law firm as an attorney and contract partner. Micheletti brings more than 13 years of experience in estate planning, guardianship, estate settlement, and probate to the firm. Prior to joining McCarty Law, Sara spent […]
