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Welcome to our Estate Planning Blog, your go-to resource for expert insights, practical advice, and the latest legal updates on estate planning in Wisconsin. Whether you're looking to create a will, set up a trust, protect your assets, or plan for your family's future, our blog provides valuable information to help you make informed decisions.
What Is Estate Planning and Why Is It Important in Wisconsin?
What Is Estate Planning and Why Is It Important in Wisconsin?
Estate planning is the process of organizing your financial and personal affairs to ensure your assets are distributed according to your wishes after you pass away. It also includes planning for incapacity, naming guardians for minor children, and making healthcare decisions in advance.
Common Estate Planning Mistakes Wisconsin Residents Make
Common Estate Planning Mistakes Wisconsin Residents Make
Estate planning is one of the most important steps you can take to protect your family, your assets, and your legacy. However, many Wisconsin residents make critical mistakes that can lead to unnecessary legal complications, financial losses, or unintended consequences for their loved ones. As an experienced Wisconsin estate planning attorney,.
What is Probate?
What is Probate?
If you've heard the term "probate" before but aren't quite sure what it entails, you're not alone. Many people don't think about probate until they’re dealing with the passing of a loved one. However, understanding probate and its potential downsides can help you take steps to protect your family and assets in the future.
What are the Legal Requirements for a Trust in Wisconsin?
What are the Legal Requirements for a Trust in Wisconsin?
In Wisconsin, the creation and administration of trusts are governed by Chapter 701 of the Wisconsin Statutes, known as the Wisconsin Trust Code. Below are the legal requirements for a valid trust in Wisconsin, along with the corresponding statutory references:
What are the Legal Requirements for a Will in Wisconsin?
What are the Legal Requirements for a Will in Wisconsin?
In Wisconsin, the legal requirements for a valid will are governed by Chapter 853 of the Wisconsin Statutes. Below are the key requirements, with the corresponding statutory references:
1. Age and Capacity of the Testator - The testator (person making the will) must be at least 18 years old and of sound mind.
Statute: Any person of sound mind 18 years of age or older may make and revoke a will. Wis. Stat. § 853.01
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