Estate Planning

Many people often postpone or overlook their estate plans. However, these tools are a great way to secure the future for your loved ones. With National Estate Planning Week around the corner, it is time to learn more about the importance of estate planning for you and your family. What You Need for Your Estate… Read more

The distribution of a deceased person’s property and settlement of debts is called probate, which can be a difficult and costly process in Wisconsin. However, creating a revocable living trust can help simplify estate administration and avoid heading to court. This estate planning tool can offer many benefits to individuals and families.  Here is how… Read more

The rules and procedures for creating, modifying, and terminating trusts are outlined in the Wisconsin Trust Code. Some trusts cannot be changed. However, for revocable ones, you may be able to modify or even terminate them. When it comes time to make any changes or dissolve the trust, there are specific steps that you must… Read more

Serving as the executor of an estate, while a great honor, comes with significant responsibilities. In order to best fulfill the role to honor the testator’s legacy, you should take certain steps to prepare yourself for such a monumental undertaking. Considering these steps while the testator is living can make the estate administration process go… Read more

Many people set up trusts as part of their estate plan, in addition to wills and powers of attorney. However, when setting up a trust, you need to consider its administration as well as its purpose.  Choosing a Wisconsin trustee to oversee and administer your trust is a critical decision. After all, a trustee should… Read more

Thinking about your family if you die or become disabled is not always at the top of our to-do lists.  However, planning for this now can save your family lots of stress if they find themselves in this situation. One way to protect your family is to create a revocable trust as part of your… Read more

Healthcare planning can often be a daunting task. However, as you age, healthcare planning can become more of a maze if you’re trying to plan for your future without help.  For elders, healthcare planning often involves care coordination, legal services, and advocacy services – all of which help you and your family prepare for your… Read more

When creating your estate plan, you run into numerous new terms, such as will, trust, power of attorney.  Each serves a specific purpose for your estate plan, but unless you’re an estate planning attorney, you may not know which does what. Let’s specifically look at trusts. A trust is a legal arrangement between the person… Read more

All states have rules and laws regarding probate administration – and Wisconsin’s no different. In Wisconsin, probate is the legal process of transferring assets after a person’s death while also dealing with any amounts owed to creditors or for taxes. A local probate court supervises this process. In Wisconsin, if your estate is valued at… Read more