What Is A Trust?

by Hoegen & Associates, P.C. | Dec 20, 2022 | Uncategorized

When many people hear the phrase “trust fund” discussed, they often imagine a child of rich parents. The misconception is that trusts are only for the very wealthy, set up for their “trust fund babies” to ensure they will never have to worry about anything financial...

What Is A Will?

by Hoegen & Associates, P.C. | Dec 20, 2022 | Uncategorized

Many people know they should have a will, however, they drag their feet in contacting an estate planning lawyer to draft one. Because they have never spoken with a lawyer about estate planning, these same people often do not realize everything that a will actually...

What If The Will Does Not Name An Executor?

by Hoegen & Associates, P.C. | Dec 12, 2022 | Uncategorized

When you sit down with an estate planning lawyer to put together your estate plan, one of the decisions you will have to make is to decide who you want to be named as the executor of your estate. This is a very critical role. This is the person who ensures that the...

What Is A Living Will?

by Hoegen & Associates, P.C. | Dec 11, 2022 | Uncategorized

One important element in estate planning is the living will. A living will is a legal document that informs your physicians about your wishes for medical care at the end of life. These documents are especially critical in cases where the patient becomes incapacitated...

What Is A Minor Child Entitled To When Their Parent Dies?

by Hoegen & Associates, P.C. | Dec 4, 2022 | Uncategorized

It is always sad when a parent dies, but when their child is still a minor, it can be even more tragic. And it may be even more common than you think. According to national statistics, one in 14 children will lose a parent before they turn 18. This comes out to...

Surprising Things Commercial Lawyers Can Do for Your Business

by Hoegen & Associates, P.C. | Nov 23, 2022 | Uncategorized

One of the most valuable assets you can have in your business is access to a commercial lawyer. A commercial lawyer serves as a shield to your business property and finances. Whenever you encounter legal paperwork or challenges, an attorney on your team can provide...