People in Wisconsin can use an estate plan to help ensure that their financial strategy is sound. It can also help ensure that their preferences are honored when their assets are handed out to beneficiaries and can provide a sense of assurance that they have done what was necessary to see to it that their affairs are settled in the way they prefer. However, it is also important that an estate plan addresses how digital assets should be managed.
Student loan debt is a major financial burden for many people in Wisconsin, especially as the cost of college attendance continues to rise. For many people, student loan debt may cause them to put off marriage, buying a home or having children. Others who are married with student loan debt may be concerned about how a divorce will affect their debt burden. The financial impact of divorce can be significant, as marital assets and liabilities are divided between the couple. The long-term effects of a divorce can linger even after the emotional issues have been settled.
As the Internet becomes more of a part of everyday life for people in Wisconsin and the rest of the world, families have to think differently about how they plan for the future. Everything from online bank accounts to social media profiles make have significant value, and making sure these assets are passed down to the right people presents a lot of challenges.
Working with someone else often leads to disagreements, no matter how compatible and single-minded you both may be. You may remember trying to get along with your siblings, working with a partner on a high school or college project, and even in your marriage.
The U.S. Department of Agriculture wants to help single parents in Wisconsin and other states get the assistance they need by encouraging states to use child support cooperation requirements as a helpful tool. The agency sent a memo to the director of each state's Supplemental Nutrition Assistance Program, or SNAP, to require custodial and non-custodial parents applying for benefits to submit details from their child support agreements as part of the process.