Your estate may be worth a little or a lot at your death. The items which your beneficiaries might cherish could be the sentimental ones. Read on to learn how your will or trust could provide the ability for you to keep a list and update it without needing to see your lawyer every time you change your mind on an item.
What are 529 plans? Can they be held in trusts? Read on to learn more about these plans and why to consider them.
There is an epigraph by Charles Lamb at the beginning of “To Kill a Mockingbird” that reads: “Lawyers, I suppose, were children once.” While Mr. Lamb might be the subject for a different time, children were in full force on January 19 as high school mock trial teams from across the state arrived at the Sauk County Courthouse. Hosted by the Lodi Mock Trial Team, the day was a warm up to the regional and state tournament which was the first weekend in March. I acted as one of the judges as teams paired off for a series of three trials over the course of the day. In each trial, teams would either act as attorneys and witnesses for the prosecution or defense of a school teacher charged with shooting an unarmed student. The “winner” of each trial would not necessarily be the team with the winning argument, but the team that utilized legal procedures and principles correctly. To that end, there is no verdict, but rather a score sheet for each attorney and witness during each portion of the trial.
I am pleased to state that if this day was any indication, the State Bar will be in excellent hands as subsequent generations rise through the ranks. It was thoroughly enjoyable to watch different personalities breathe life into their respective rolls. I remember more years ago than I would perhaps care to admit, participating in mock trial tournaments as a high school student. The lessons these students learn through their participation will stay with them as they continue on to college and beyond.
If you or your loved one is in need of a litigation or family law attorney, please contact Attorney Jesse Leichsenring at Krueger & Hernandez SC (608) 824-9540 or email@example.com.
As the seasons change and we move deep into winter, so too do divorce filings also increase. While this might not be terribly surprising, with the holidays over and the emotional letdown that tends to come thereafter, you may be surprised to find that divorce rates also rise through the summer, peaking in August as well. A study out of the University of Washington in 2016 took a look at divorce filings in Washington State from 2001- 2015. Charting filings each month and averaging out over 14 years, researchers found filings peaked in March and August of each year.
The researchers surmised that folks would often hang on, staying together for one last December holiday, or one last summer vacation and then separate thereafter.
But why wait? Holidays are typically over by the end of the year, so what contributes to the winter peak three months later? The study hypothesizes and my own practice would support the notion that while the decision may be made to split in January, folks take a couple months to get finances in order, move out, or try to hang on, before ultimately filing. Also present is the “what will the family/neighbors say?” concern, insofar as social judgment. The same process exists for the August peak; prepping through the summer to file by the end. The idea is to emotionally prepare for the impending comments and questions from relatives and friends who may be caught off guard by the news.
Aside from financially and emotionally preparing for the impending divorce, the study also suggested perhaps parties stuck together for “one last thing” as an attempt to remedy what was already going wrong in the relationship. When the holiday gathering, or the vacation didn’t go as planned; still fighting, still disagreements about everything, then thereafter it is time to file. One final take away from the study was the correlation of other family actions, such as guardianship, with the trends shown in the divorce chart above. The researchers found the same pattern throughout other family matters as shown in the divorce filings. However, the same patterns did not bear out in cases less related to family issues such as small claims or foreclosures. This would tend to suggest that family issues carry with them a higher degree of concern and contemplation, as parties determine what is best.
To set up your appointment with Attorney Leichsenring, please call 608-824-9540 (Middleton) or 608-356-3961 (Baraboo). At Krueger & Hernandez SC, we listen, we care, we get results!
The Tax Cuts and Jobs Act increased the standard deduction amount. However, it also limited itemized deductions for state and local taxes (SALT) on the federal income tax return. Read on to learn what works (and what doesn’t work) to maneuver around the $10,000 SALT limitation.