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Krause Donovan Estate Law Partners, LLC
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A Partnership of Veterans Defending Your Legacy
A Partnership of Veterans Defending Your Legacy

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“An advance directive comes up frequently in conversations about health care decision-making, as people age. Their purpose is to provide written instructions for medical care, in instances where a patient is unable to communicate them herself.” An advance…
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“The problem is that my parents want to designate me as their power of attorney, for both health care and financial decisions, since I live in their community. Unfortunately, my siblings feel slighted.” The reader who posed this scenario is not alone in…
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“There is no doubt that, for the most part, parents are much more involved with their children and their children’s more numerous activities, than parents were when we were kids.” If this describes you and your kids, then you need to prepare yourself for…
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Aging in place is what most people hope for as they enter their 60s and 70s.  However, to make it a reality, there is a need to plan, according to the article “BBB On Homes: Focus on several things when aging in place,” from LMTonline.com. The Centers for…
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“Most Americans enter retirement age with access to Social Security benefits. Many people also have Individual Retirement Accounts, including those that were funded by transferring money from workplace 401(k) plans.” One trick to a successful retirement…
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As business owners start thinking about the most valuable asset that they own, they need to make some major decisions about their estate plan: do they want to pass the company to the next generation or sell it? In both cases, says Smart Business in the…
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Do not buy into the myth that estate planning is only relevant for wealthy individuals who need tax planning. A comprehensive estate plan is an easy way to make sure your wishes are followed should you become incapacitated, and upon your death. One of an…
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The Queen of Soul did not have an estate plan, a will or a trust when she died from pancreatic cancer recently, according to news reports. That’s especially surprising, said Investment News in the article “Aretha Franklin estate echoes planning problems…
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No one likes to consider the prospect of tragedy striking, especially when children are young, but according to this article in the Lodi News Sentinel, “Planning for what comes last,” estate planning is especially important for families just starting out.…
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You might think of a trust as something for wealthy people who want to dispose of high-end assets, like art work, collectible cars or businesses.  However, just like everyone needs an estate plan regardless of their asset level, says The New York Times in…
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