Our New Estate Planning Glossary

October 27, 2014

At Wokwicz Law Offices, LLC, we are very pleased to announce the publication of our new Estate PlanningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while the person is still of sound mind and able to understand and sign key documents such as Power of Attorneys, Power of Attorneys for Health Care, Wills, and Trusts to form a strategy and provide for the administration and disposition of his or her assets upon death or upon incapacity. Glossary. This new, free glossary is available to our clients and everyone else at our website. The glossary is full of terms that are often used in connection with federal and Wisconsin estate planningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while the person is still of sound mind and able to understand and sign key documents such as Power of Attorneys, Power of Attorneys for Health Care, Wills, and Trusts to form a strategy and provide for the administration and disposition of his or her assets upon death or upon incapacity. laws and regulations.

Estate Planning Glossary Gleamed from Experience

With offices in Kenosha, Wisconsin and serving southeast Wisconsin, our estate planningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while the person is still of sound mind and able to understand and sign key documents such as Power of Attorneys, Power of Attorneys for Health Care, Wills, and Trusts to form a strategy and provide for the administration and disposition of his or her assets upon death or upon incapacity. attorneys have decades of experience in crafting estate planning solutions for our clients. It is from this experience that we have organized and published our estate planning glossary. Upon launch, the glossary has more than 50 terms and definitions that our clients willA written document that sets forth and names the personal representative who will be in charge of overseeing the probate process and names the specific bequest and residual beneficiaries of property who are to receive and inherit assets and property through probate. A Will does not avoid probate, and must be properly drafted and executed to be legal. A Will can also avoid the use of a surety bond in many instances and can help utilize an “informal” Wisconsin probate process if it has the proper clauses and attestation clause. see, hear or encounter during the estate planningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while the person is still of sound mind and able to understand and sign key documents such as Power of Attorneys, Power of Attorneys for Health Care, Wills, and Trusts to form a strategy and provide for the administration and disposition of his or her assets upon death or upon incapacity. process.

As we see this glossary as a living document, our lawyers willA written document that sets forth and names the personal representative who will be in charge of overseeing the probate process and names the specific bequest and residual beneficiaries of property who are to receive and inherit assets and property through probate. A Will does not avoid probate, and must be properly drafted and executed to be legal. A Will can also avoid the use of a surety bond in many instances and can help utilize an “informal” Wisconsin probate process if it has the proper clauses and attestation clause. be adding new terms to the glossary over time. If there is a specific word or term that you would like to see added to the glossary, please contact us directly.

Visit the Estate Planning Glossary »

If you’re considering creating a new estate plan, or if you’re thinking about revisiting your existing plan, we invite you to call our estate planning lawyers on 262-658-2181 to schedule an appointment.