Newsletter

Evan Y. Lin Named to the 2018 Wisconsin Super Lawyers List

Posted by on Nov 19, 2018 in Uncategorized | 0 comments

Evan Y. Lin, an attorney and managing member of Lin Law LLC, has been named to the 2018 Wisconsin Super Lawyers list by the publishers of Super Lawyers® Magazine.  Each year, only 5% of attorneys in Wisconsin are named a Super Lawyer.  Evan was previously named to the 2015, 2016 and 2017 Wisconsin Super Lawyer list and was also named five times to the Wisconsin Rising Star list in Estate Planning and Probate by the same publication. Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a...

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Up the river without a paddle – is one power of attorney as good as the next?

Posted by on Nov 15, 2018 in Uncategorized | 0 comments

Not all powers of attorney are created equal.  When planning for future incapacity, particularly if you anticipate requiring governmental benefits such as Medicaid, it is important that your financial power of attorney provide your agent(s) with all the powers he or she might need to provide for your elder law or special needs objectives.  These powers may include, but are not limited to, the ability to: -          Create and fund revocable, irrevocable, or supplemental needs trusts; -          Make gifts above the annual...

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We get by with a little help from our friends – Supported Decision-Making Agreements for functionally impaired adults.

Posted by on Nov 5, 2018 in Uncategorized | 0 comments

In April 2018, the Wisconsin State Legislature passed legislation to create Chapter 52 of the Wisconsin Statutes, authorizing the use of Supported Decision-Making Agreements in the State of Wisconsin.   Wis. Stat. § 52.01(6) defines “supported decision-making” as “a process of supporting and accommodating an adult with a functional impairment to enable the adult to make life decisions… without impeding the self-determination of the adult.” Accordingly, a Supported Decision-Making Agreement can authorize the principal’s supporter...

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Medicare vs. Medicaid: Do you know the difference?

Posted by on Oct 1, 2018 in Uncategorized | 0 comments

When speaking about public benefits, people often confuse Medicare and Medicaid.  After all, they do basically the same thing, right?  Not exactly… Medicare is available to all individuals age 65 and older, in addition to chronically disabled individuals of any age, irrespective of resources (i.e., assets).  It is federally administered and beneficiaries are often responsible for co-pays and premium payments.  Medicare has four parts, each providing distinct benefits: 1.       Part A (Hospital Insurance) – provides coverage for...

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What is guardianship and how do you avoid it?

Posted by on Aug 23, 2018 in Uncategorized | 0 comments

Guardianship is a court procedure in which an individual is appointed to make certain decisions for another person (the “ward”). The purpose of a guardianship is to protect or assist an individual who, due to mental incapacity, is unable to make decisions, defend him or herself against exploitation, or otherwise provide for his or her needs. The proposed ward may require a guardian of the estate and/or a guardian of the person.  A guardian of the estate handles the ward’s financial matters, similar to a power of attorney for finances,...

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Special Needs Trusts

Posted by on Aug 2, 2018 in Uncategorized | 0 comments

Are you planning to leave assets to a disabled beneficiary upon your death?  If so, consider establishing a special needs trust (“SNT,” also known as a supplemental needs trust) for your beneficiary’s benefit. An SNT is an irrevocable trust (i.e., the trust cannot be revoked or amended) established for the benefit of a disabled individual and managed by a trustee.  Because the trust is not owned by the beneficiary, the trust assets can be used to provide for the disabled person’s needs over and above the essential primary care...

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What is Elder Law?

Posted by on Jul 2, 2018 in Uncategorized | 0 comments

Elder Law is a fast-growing practice area due to the steadily aging population of both Wisconsin and the nation as a whole.  However, many may not have a good understanding of what Elder Law is, or the services an Elder Law attorney can provide. The practice of Elder Law encompasses the provision of legal services to older and disabled individuals and their families.  For older clients, this can include planning for incapacity and long-term care needs, coordinating available private and public benefits, and working with the client’s...

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Is your child turning 18? Consider suggesting that he or she execute a durable power of attorney and advance healthcare directives.

Posted by on Jun 18, 2018 in Uncategorized | 0 comments

As your child prepares to begin college or enter the workforce, estate planning is likely the last thing on his or her mind—or yours.  However, there are numerous situations in which young adults can benefit from executing basic estate plan documents.  For example, should a child be in an accident and become disabled or incapacitated, even temporarily, his or her parents may not be able to act on the child’s behalf without court approval.  Alternatively, the child may be out of the country (or simply out of town) and require his or her...

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Someday, Even Your Estate Plan Will Be Electronic

Posted by on Jun 1, 2018 in Uncategorized | 0 comments

In today’s day and age, most transactions may be accomplished electronically.  However, there is still one field where old-fashioned pen and paper is typically still required: Trusts and Estates.  Given the sensitivity of estate planning documents, difficulties in authentication, and the potential for data loss or hacking, many people would be (rightfully) hesitant to create or store such documents electronically.  Despite these obstacles, interest in electronic wills and other estate planning documents has increased in recent years. The...

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Lin Law LLC welcomes Attorney Emily E. Ames

Posted by on Apr 23, 2018 in Uncategorized | 0 comments

Lin Law LLC is pleased to welcome Attorney Emily E. Ames as an associate attorney. Emily practices in the areas of Estate Planning, Probate, Elder Law, Real Estate, Corporate / Business Matters, and General Civil Litigation. Emily obtained her undergraduate degree from the University of Michigan with a Bachelor of Arts in Linguistics. She is a graduate of the University of Wisconsin Law School, where she served as a managing editor of the Wisconsin Law Review, a class representative for the Student Bar Association, and an intern for the...

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