Trusts

A revocable living trust allows you to transfer legal ownership of your assets to a trust that you control completely – while you are alive, while you have the capacity, and even after circumstances change. Under Wisconsin’s Trust Code (Chapter 701), this structure is the most flexible tool in a standard estate plan. Most families… Read more

If you have a loved one who is struggling with managing finances or who may encounter creditors in the future, a spendthrift trust can be a powerful tool in your estate planning. At Collins Law Firm, we serve families across the Milwaukee area from our offices in Wauwatosa and Pewaukee. We can help you understand… Read more

If you own a home, cabin, or other real estate in Wisconsin, you have probably thought about what will happen to it in the future. A revocable trust can provide some certainty in these situations. You can manage your property and ensure a smooth transition after you’re gone.  But this option is not for everyone…. Read more

If you have already created a trust as part of your estate plan, you are on your way to protect your legacy. But this is just one part of the process. Now, you need to move to the most important step: funding the trust. With that, you can move your assets into the trust’s name.  … Read more

Estate planning can feel like a maze of legal terms and difficult decisions. However, if you are reading this, you have already taken the first step: asking the right questions. One of the most common decisions people make when creating an estate plan in Wisconsin is whether to set up a revocable or irrevocable trust…. Read more

Are there options if you believe a loved one’s trust does not reflect their true intentions? Sometimes, that can happen after a person passes away. Something might seem off, and you have questions. Can a trust be contested in Wisconsin?  If you have standing, you may challenge the validity of a trust based on certain… Read more

When a loved one creates a trust, they want to protect their assets and provide for their family or other beneficiaries. But what does trust administration do in Wisconsin? Trust administration makes sure that their wishes are carried out. Along with that, it can help families proceed through an emotional and confusing time.  Whether you’re… Read more

Funding is an important part of establishing a trust. After all, these will be the assets that you pass down to your loved ones and other beneficiaries. How do I put my property in a trust in Wisconsin?  Once you understand the steps involved, the process is usually easy, and you can start keeping your… Read more

Trusts are there to manage and protect your assets. However, life is full of changes. Over time, divorce, the birth of a child, new investments, or shifting family dynamics may require your trust to be updated. How much does it cost to amend a trust in Wisconsin? Many times, this will depend on the complexity… Read more