From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC 630 N 4th St., Wausau, WI 54403 eklawwi.com 715-842-0907 jason@eckertlawllc.com 177973 Leaving Assets to Minor Children When leaving money and property to minor children, even the best intentions can lead to problems. Many parents assume that a simple will is all they need since that is where they can nominate a guardian for their minor children. However, a simple will requires that beneficiaries (even children) receive their inheritances outright in one lump sum. While most parents would prefer that their children receive an inheritance gradually, perhaps at certain ages or milestones. Instead, once your child becomes an adult, the law requires the inheritance to be handed over in a single lump sum with no strings attached. A better option is a trust, which allows you to name someone to manage the inheritance and decide when and how your children will receive their inheritance. Let us create a plan that works exactly as you intend. Call to schedule an appointment today. From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC 630 N 4th St., Wausau, WI 54403 eklawwi.com 715-842-0907 jason@eckertlawllc.com 177973 Leaving Assets to Minor Children When leaving money and property to minor children, even the best intentions can lead to problems. Many parents assume that a simple will is all they need since that is where they can nominate a guardian for their minor children. However, a simple will requires that beneficiaries (even children) receive their inheritances outright in one lump sum. While most parents would prefer that their children receive an inheritance gradually, perhaps at certain ages or milestones. Instead, once your child becomes an adult, the law requires the inheritance to be handed over in a single lump sum with no strings attached. A better option is a trust, which allows you to name someone to manage the inheritance and decide when and how your children will receive their inheritance. Let us create a plan that works exactly as you intend. Call to schedule an appointment today.
It takes George Jessick between 12 and 15 hours to complete an American flag display box for the Taylor County Veterans Service Office. BRIAN WILSON/THE STAR NEWS
Through generous grant donations from the Taylor County Literacy Council, a new Little Free Library has been established at the Medford Curling Club. The library is filled with books and learning activities which can be utilized by visitors throughout the curling season. Members of the Medford Curling Club, Little Rocks Curling Academy and Taylor County Literacy Council gathered to commemorate the new space. BRIAN WILSON/THE STAR NEWS
Despite the cold, work continues on the renovation and expansion of Medford Area Senior High School. Here light streams from inside the plastic sheeting protecting workers as they work on connecting the tech ed. building to the high school creating a scene out of a science fiction movie. BRIAN WILSON/THE STAR NEWS
Medford Lions presented a check to Frances L Simek Memorial Library director Maxx Handel (on the right) for an order of Read-Along Books. These books are very popular with elementary students, including those with low vision. Some of the books are bilingual covering both Spanish and English. Parents and students are encouraged to stop by the library and check these books out. SUBMITTED
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok