Despite the COVID-19 pandemic, we here at McCarty Law are still up and running! To be safe, however, all but a handful of employees are working remotely from home. So if you’ve suddenly got some downtime and have been thinking about preparing or updating your estate plans, please let us know! While we normally would […]
The new coronavirus has had a huge impact around the world. Causing the disease known as COVID-19, this particular coronavirus has wreaked havoc in global stock markets, forced restrictions to be imposed on travel, shut down businesses in Asia, and closed down tourist attractions like Tokyo Disneyland and the Louvre. The only people happy about […]
In December 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The SECURE Act became effective on January 1, 2020, and makes significant changes to retirement accounts, including Individual Retirement Accounts (IRAs), 401(k), 403(b) and 457 plans (“Retirement Plans”). The following is a brief summary of the key changes: The beginning […]
There are several tools available to accomplish estate planning goals. One of the most frequently used tools by estate planning attorneys is referred to as a “trust.” Trusts come in all shapes and sizes. You can create a trust during your lifetime (called a “living” trust). Alternatively, you can have your trust come into existence […]
Where do you live? Appleton Where are you from? Wautoma My legal practice… While I am learning a little bit about many new areas of law, I am primarily learning estate planning and elder law. My family…. My husband, Enrique, and I have been together for almost 8 years and married for almost a year. […]
Long term care costs present a significant financial stress to many families. For certain veterans (and their surviving spouses) the VA offers a pension program that can provide additional monthly income to offset some of the cost of their care. This program is known as the VA Aid and Attendance pension. In order to be […]
Many people believe that “estate planning” is only for the super wealthy among us, but the reality is that everyone wants their wishes to be followed, regardless of their economic status. For example, parents in blended families have a unique interest in ensuring that children from prior marriages are treated fairly, even if their parent […]
It’s that time of year again – back to school. Like Christmas, it seems to creep up on us faster every year. Thanks to our “sales tax holiday” earlier this month, parents could buy clothing, computers, and other back-to-school supplies without having to pay sales tax. One back to school supply that few parents think […]
As an estate planning attorney, my clients often ask me what they should do with the family cottage, cabin or hunting land “up north.” In a typical situation, Mom and Dad purchased the property years ago at a bargain, and now the children and grandchildren treasure it as a place to gather as a family. […]
Entering a nursing home or assisted living facility can be one of the most confusing and stressful times that a family will ever have. In addition to changing a living situation, families are thrust into an alphabet soup of different government agencies and programs. We have discussed in prior articles the use of irrevocable trusts […]