If you have yet to start estate planning by creating a will, you are not alone. According to a survey conducted by Caring.com, only 6 out of 10 adults in the U.S. have created this essential estate planning document. It is never too early to create your will. When...
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Estate Planning
Estate planning considerations in your 40s and 50s
You have school-age children, a healthy 401(k) and equity in your home. One thing you might not have yet is an estate plan that will provide for your family and protect your livelihood when you can no longer do so. If you have reached your 40s or 50s, begin the...
How can I make my will dispute-proof?
Whether you are making an estate plan to protect your children’s future or to preserve your wealth and assets through other means, one thing is certain: Your plans are your final instructions. Though you intend for your estate plan to protect your relatives’ bonds and...
When To Make An Estate Plan
The Time is Now! When should I plan my estate is a common question. Many people do not begin to think about it while they are young. Oftentimes, they don’t really think about it at all. However, there is a huge problem with putting off estate planning. Putting off...
Should you talk to your family about your will?
Minnesota residents like you put time and effort into building your estate. Likewise, you put the same amount of effort into crafting your estate plan so your beneficiaries can enjoy it after your death. But in the meantime, should you tell your family about your...
3 areas of responsibility for the executor of your will
If the time has come for you to think about drafting your will, naming your executor or personal representative will be at the top of your to-do list. When you consider possible candidates, you will want someone trustworthy as your executor who will carefully manage...
Importance of a will for new parents
As a parent of an infant or young child, you have probably done everything you can think of to provide for your child's needs right now. However, have you given any thought to the future? The percentage of Americans who have a will is already very small, and it is...
What to include in your will
You have made a wise choice in deciding to write your will as soon as possible. Not only does this allow you a measure of control over what happens to your assets when you die, but it also protects your family from the hassles associated with intestacy. Having...
Why young parents need a will
From the moment you realized you were becoming a parent, you have likely been dreaming about the future, envisioning milestones such as graduation and wedding days. But what if you are not around for those celebrations? Unfortunately, death is a fact of life, and even...
GROSHEK LAW IS LAUNCHING A NEW SERVICE
We are excited to announce our new comprehensive Estate Planning solutions! The comprehensive coverage includes more than just your basic wills, powers of attorney, and healthcare directives. Rather than using a uniform approach, our seasoned attorneys will listen to...