Probate can be a daunting process that many people seek to avoid. Here in Wisconsin, there are several good reasons to steer clear of probate when planning your estate. Let's explore five key reasons why you should consider avoiding probate. 1. Probate is...
Estate Planning
Five risks of do-it-yourself estate planning
There are a lot of misconceptions about the estate planning process. Perhaps the biggest is that most people don’t need an estate plan or that a basic estate plan will fit their needs. This point-of-view drives a lot of people to attempt estate planning on their own....
Will I Lose My Home if I Apply for Medicaid to Cover My Long-Term Care Costs?
When families contemplate Medicaid eligibility to cover expensive long term care costs, one of their greatest fears is the loss of the home. Many folks believe that if an elderly or disabled person leaves the home to receive care in an assisted living or skill...
What are the benefits of estate planning?
Everyone should have an estate plan and would-be estate planners should be familiar with the benefits of setting up an estate plan. A complete estate plan provides comprehensive protections for the estate planner to secure the future of their loved ones and ensure...
Estate planning in the digital age
Historically, individuals have focused a significant amount of time and planning in ensuring their physical assets were properly distributed after their passing. These concrete properties such as a car, the house or a prized book collection were often given special...
Are will readings necessary?
Gathering a family together to read a will may be a thing of the past, but that does not mean that loved ones in Wisconsin do not have access to a family member's will. Currently, no state has a law that requires the reading of a will to the family, though in some...
Powers of Attorney: Arguably the Most Important Estate Planning Documents
Wills and Trusts are important, in that they provide peace of mind to us that our loved ones will be taken care of financially when we pass away. However, the most overlooked (and arguably the most important) tools in estate planning are Powers of Attorney. Unlike...