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Trusts

Protecting Your Assets with a Wisconsin Trust: What You Need to Know

Protecting assets and property are a major concern for many individuals in Wisconsin. With a trust, you have an effective tool that will ensure these assets remain safeguarded throughout your lifetime and are distributed according to your wishes. While it may seem like a trust is the best option, you still need to weigh the… Read more

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Trusts

What You Need to Know About Special Needs Trusts (SNTs) in Wisconsin

The harsh reality for families of special needs individuals is a constant fear of what their special needs loved one will do when their caretakers are no longer able to care for them. How can their caretakers ensure that their special needs loved one receives the support they need and has a good quality of… Read more

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Estate Planning, Trusts

How to Select a Trustee for Your Wisconsin Trust

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

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Trusts

65 Day Rule For Trusts : Improve Your Tax Position

Are you a fiduciary of a trust or estate? With tax season approaching, you still have time to improve your tax position – until March 6, 2023, in fact.  But why March 6, 2023? That is the deadline under the 65-day rule for trusts. Keep reading to learn more about the 65-day rule for trusts… Read more

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Estate Planning, Trusts

5 Things to Know About Revocable Trusts

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

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Trusts

How Are Wisconsin Trusts Taxed?

When you’re setting up your estate plan, you may be considering adding a trust.  In Wisconsin, you have a choice of five different trusts:  revocable, irrevocable, testamentary, marital, and bypass trusts. Each has its own purpose.  But understanding generally how trusts are taxed can also help you plan for your and your family’s future. Keep… Read more

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Trusts

5 Common Questions About Wisconsin Living Trusts

When engaging in estate planning, you have many options for planning for your family’s security after you’re gone – from wills to living trusts to powers of attorney. But, the best way to determine what you need is to understand each of these estate planning tools and how they may benefit you and your family. … Read more

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Trusts

What Are the Pros and Cons of Wisconsin Irrevocable Trusts

As you create your estate plan, you may wonder – Do I need a trust in addition to my will? In Wisconsin, numerous trusts exist, such as revocable, irrevocable, testamentary, marital, and bypass trusts. However, let’s focus on the pros and cons of an irrevocable trust and whether you may need one for your estate… Read more

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Estate Planning, Trusts

What You Should Know About the 5 Types of Wisconsin Trusts

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

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