Have questions about what a will is? Why you need one? In this three-part series, Attorney Reg P. Wydeven, along with Prospera Credit Union, shares everything you need to know to get your will in order. Why do I need a will? No one wants to think about their death, but planning for it makes the […]
Where do you live? Appleton, WI Where are you from? Appleton, WI My legal practice… I represent families in elder law and estate planning matters. I also represent buyers and sellers in real estate transactions and with business formations. My family…. I live in Appleton with my wife Jennifer and yellow lab Emmy. What is […]
In my first article on this topic, I wrote about the concept of using an Irrevocable Trust to protect assets from being used to pay for nursing home expenses. In this article, I want to explore this issue a bit further and discuss the ideal timing for the use of an Irrevocable Trust. Estate planning […]
It depends! (Typical lawyer answer). The fact is that no two estate plans are exactly the same. Your goals, family structure, and particular situation will dictate what kind of estate plan you need. Let’s look at a few important factors to consider when deciding between a will-based estate plan and a revocable living trust-based estate […]
It’s hard to believe, but both my kids are teenagers now. We’re super busy, driving to and from practices, rehearsals, lessons, concerts and games, but it is all a blast. Because time goes so quickly, we’ve been trying to save for their education. A few years back, I wrote about 529 plans. These educational investment […]
As part of my practice, I love helping people get their affairs in order. But to be certain a person’s wishes are followed, we must jump through the proper hoops. For example, for a will to be valid in Wisconsin, the testator, or person creating the will, must be at least 18 years old, be […]
Lots of people have heard about giving away assets to protect them from being used for nursing home expenses. However, giving your house away is not a decision to be taken lightly. The idea behind giving away (the fancy legal term is “divesting”) your house is to take it out of the equation when your […]
Although it may sound surprising, wills – even those where the testator believed that he or she had meticulously planned ahead – can turn out to be the subject of some of the most highly contested legal disputes. Talking through the multiple issues that confront families as mom and dad grow older can be a […]