Hougum Law Firm, LLC
In the Times of Pandemic, Estate Planning Awareness Week Matters More than Ever
Did you know that, this October, we recognize National Estate Planning Awareness Week? Estate planning can be an essential part of financial well-being no matter your age or the size of your estate. Many people think it is only necessary for the very wealthy, but that...
Why Does A Prenuptial Agreement Matter To Your Estate Plan?
Before you can understand why a prenuptial agreement matters to your estate plan, do you know what a prenuptial agreement is? A prenuptial agreement is a contract between two parties who intend to marry. The contract outlines what property the parties agree to be...
Wisconsin Seniors Need to Plan for Long-Term Care As Soon as Possible
Do you live in Wisconsin and are you nearing your golden years? If so, you may need to start planning for long-term care needs if you have not already. Unfortunately you may not be covered, even if you think you are, if you are depending on your current health...
Is It Time for a Memory Care Facility for Your Aging Parent?
Many adult children worry about their parents as they age. Did you know dementia symptoms can vary day to day making it difficult to pinpoint when it may be time for memory care? Worrying behavior, safety concerns, and caregiver burnout can be top signs that it may be...
3 Key Reasons Why You Need to Update Your Estate Plan When You Move to a New State
Are you moving to a new state? If so, it can be important to update your estate plan for several reasons. For instance, if you are married, each state treats marital property differently, and there can be different tax laws with respect to state income tax and...
Three Key Differences Between A Skilled Nursing Home And An Assisted Living Facility
Do you or a senior loved one need to move from home into a senior living facility? If so, it can be important to understand the different options. The two primary options may be a skilled nursing home and an assisted living facility. Let us review three key...
Estate Tax Tips for Wisconsin Residents When You Near the Tax Limits
If you live in Wisconsin, you are in luck. The State of Wisconsin does not impose any estate or inheritance tax on the estates of deceased residents. There may be, however, a few points you may need to keep in mind for estate planning purposes. For instance, did you...
Helping Wisconsin Seniors Protect Themselves When Entering a Nursing Home
Has the time come for your aging parent or other loved one to enter a nursing home? If so, it can be tough for many reasons. Financial concerns, however, need not be one of them if you have put the proper plans in place. It may be best for Wisconsin seniors to put...
5 Tips for Caring for Aging Seniors During National Elder Law Month
May is National Elder Law month. With ten-thousand baby boomers turning sixty-five every day, the senior population is growing rapidly, making National Elder Law Month a great time to consider how we can all do our part to care for seniors. Are you wondering how? Let...
How to Help Aging Parents on National Clean Out Your Medicine Cabinet Day
Have you heard that National Clean Out Your Medicine Cabinet Day is the third Friday in April each year? This year, it falls on April 16th. By disposing of unneeded and expired medications annually, we can help protect ourselves and others from addiction, as well as,...