Death probate is a court proceeding that serves two primary purposes: 1) to make sure the creditors of a deceased person gets paid, and 2) to change title of the assets that are in the name of a deceased person. Many people are under the impression that a probate proceeding is not necessary if you […]
Life Insurance
WISCONSIN ESTATE PLANNING: SHOULD I NAME MY MINOR CHILDREN AS THE BENEFICIARIES OF MY LIFE INSURANCE POLICY?
For most parents of young children, the primary asset that would be available should a death occur is life insurance. Often, when I meet with parents, I find that they have named their children as the direct beneficiaries of their life insurance policies. While the intent is to protect their children, most parents do not […]
Wisconsin Insurance Law: Has Bad Faith Happened to You and What Can You Do About It?
In Wisconsin, insurance companies have a duty to handle their insured’s claim in a reasonable and professional manner. You may have heard stories about insurance companies being ordered to pay huge sums of money for their actions. This is called “bad faith”. The law in Wisconsin with respect to bad faith is very similar to […]
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