Estate Planning And Probate

Most people know the importance of estate planning in making sure that their loved ones get taken care of when they pass on, but what if you die without an estate plan in place? If this happens, Wisconsin estate judges will need to take over the administration of your estate during probate. Here’s how they… Continue reading How judges administer estates during probate

Every adult in Wisconsin and throughout the country should have an estate plan. That may just mean a will. This most basic document allows you to name an executor and a guardian for any minor children along with listing recipients of your assets after you pass away. But so many people need more than that.… Continue reading Preserve your assets for your loved ones

Wisconsin law allows you to select a guardian for your minor children as part of your will. Doing so may eliminate the need for a judge to select a guardian on your behalf after you pass. There are multiple questions that you should ask yourself prior to choosing the person who will care for your… Continue reading What to consider when choosing a child’s guardian

Estate planning is one of the more important tasks undertaken by residents of Wisconsin. A key consideration is the manner in which your designated adult beneficiaries will receive the assets intended for them. There are three frequently used methods through which adult beneficiaries can be paid their inheritances: Leave property outright to beneficiaries Leave assets… Continue reading Options to convey inheritance to beneficiaries

There are a number of reasons that people in Wisconsin may want to create an estate plan that helps them avoid having their assets pass through probate before going to beneficiaries. If your estate is small enough, probate is generally not necessary. However, people often underestimate the value of their estate once a home and… Continue reading Why you may want to consider avoiding probate

In many cases, financial assets pass to beneficiaries per the terms of a beneficiary designation. It may also be possible to transfer a Wisconsin home, car or other tangible assets by using such a document. As a general rule, it is a good idea to review your beneficiary designations regularly as they trump the language… Continue reading Beneficiary mistakes that you’ll want to avoid

Estate planning can be a complicated topic all on its own. If you have a blended family, this can become an even trickier topic to handle. There are more people involved in your estate planning, and more aspects to consider. Ultimately, you want to answer as many questions for your family as possible before your… Continue reading Estate planning with blended families in Wisconsin

Estate planning is one of the best things you could do to assure your children of a promising future. However, most people in Wisconsin and other states wait until they are past 50 to start planning for their children. Estate planning when you’ve remarried is especially complex since you have two families to think about.… Continue reading Handling estate planning with remarriage

One of the biggest benefits of a properly established estate plan is that it allows the planner to do something beneficial for their adult children after their death. Statistics indicate that Oshkosh, Wisconsin, residents who are in a position to leave their loved ones anything after their deaths are among the wealthiest people in the… Continue reading How estate planning can prepare adult children for inheritances