This newsletter is from Grosskopf Law Office, LLC | Send to Friend | Subscribe | Web Version

Grosskopf Law Office, LLC

Peter E. Grosskopf, Attorney at Law

1324 W. Clairemont Ave., Suite 10
Eau Claire, WI 54701

Monday - Friday 
8:30am - 5:00pm
Closed For Lunch
Noon - 1:00pm

Monthly Newsletter

September 2019

Sunrise over Zion National Park from Peter's vacation in September


September 23rd this year is the official start of the fall season.  Hopefully we still have a little bit of summer weather before it turns much cooler.  

As a legislative alert, the State of Wisconsin is considering some legislation that would make it more difficult for seniors (defined as age 60 or more) to manage their own assets, and make it easier for families or others to impose legal restrictions on a senior's ability to manage their own money.  The legislation is in draft form at this point, with nothing passed, but many people are alarmed at the breadth and reach of this legislation, if it were to pass.  It can even allow financial institutions, such as your bank, the ability to dishonor your checks or other financial transactions, or cause significant delays.  

Supporters say that the legislation is a protection for seniors to prevent them from becoming victims of financial abuse.  Critics of the legislation believe that it goes way too far, in imposing restrictions and giving third-parties the ability to control the transactions at issue.

Next month, I will have a more detailed article talking about the legislation and its possible affects.  

Featured Articles

Medicaid's Asset Transfer Rules
In order to be eligible for Medicaid, you cannot have recently transferred assets. Congress does not want you to move into a nursing home on Monday, give all your money to your ch...
New Rule May Make It Harder for Medicare Beneficiaries to Receive Home Care
It may become harder for Medicare beneficiaries to find home health care due to a new rule. Although the rule changes the way home health care providers are reimbursed, it could affect patient care as well.
Will My Advance Directive Work in Another State?
Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you...
Most Are Taking Social Security at the Wrong Time
A new report finds that almost no retirees are making financially optimal decisions about when to take Social Security and are losing out on more than $100,000 per household in the process.
Veterans' Disability Benefits
The VA offers two disability programs: Disability compensation and disability pension.
Grandparents Raising Grandchildren May Qualify for the Earned Income Tax Credit

Raising a grandchild can be tough financially, but grandparents in this situation should be aware that there is a tax credit available that could help them. 

If you would like to unsubscribe and stop receiving these emails click here.