Why New Parents Should Consider a Trust for Their Child
Having a baby changes your perspective on everything, making you pay close attention to protecting your family. In addition to installing a baby monitor, testing the bath water temperature, and baby-proofing your home, it pays to think about your child’s long-term future. At Borakove Osman LLC in Madison, Wisconsin, our estate...
The Drawbacks of Digital Wills
In the wake of COVID-19, our country and the world have seen many changes. The world of estate planning has seen changes as well. Estate planning law firms saw an uptick of people wanting to get their legacies in order as they faced the uncertainty of the pandemic. And while more proactive...
Have You Made Your Memorial Plans?
Discussing your memorial wishes is one of the more difficult aspects of estate planning. We find that it is often a part of a client’s estate planning that gets pushed aside to be discussed later. Loved ones just don’t want...
A New Year’s Resolution: Your Estate Plan
Estate Planning 101 | A Terminology Guide
This guide is intended to define certain terminology and explain structural concepts within an estate plan that may pop up during your own research or when talking with your estate planning attorney.
Probate and Last Will and TestamentIt is a common misconception of many...
An Estate Planning Lesson on American Business Women’s Day
Protecting Family Real Estate – Options and Considerations
Selecting Back-Up Parents —
Selecting “back-up” parents (“Guardians”) for your children is one of the most difficult, but important decisions you will make as a parent. While difficult, it should not be delayed. By making the decision now and implementing the necessary legal framework, you...
Well, There Goes Your Estate Plan | Impact of Proposed IRA Legislation on Estate Planning
Based on my news feed, and the sudden increase of emails forwarding me articles on this topic, interesting legislation on IRAs has caused many financial planners, clients and estate planning attorneys to review and potentially...