Category Archive: Firm News
- May. 6 2014
Protecting Your House for Your Children
A Brief Discussion of the Advantages of Irrevocable Trusts in Wisconsin As with a great many things in the tax planning and asset protection, the 2013 Wisconsin Budget Bill has drastically affected the best ways for protecting your house for … Read more
- Apr. 18 2014
What is Traditional Estate Planning?
At Wokwicz Law Offices, traditional 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 … Read more
- Mar. 28 2014
Pet Trusts Are Coming to Wisconsin
The New Wisconsin TrustThe arrangement creating the legal ownership of assets by a trusteeThe person or company named in a trust to manage property and assets of a trust. Usually a trust will name an initial trustee or co-trustees and successor trustees. A trustee has the duty to act in the best interest of the person for whom they are managing the funds and is considered a Fiduciary. Most people that set up Revocable Trusts to avoid probate, name themselves as Trustee and also name successor trustees to take over upon death or upon incapacity. for the benefit of the SettlorThe person or persons who create a trust. This person is often also called a Grantor. and/or other beneficiaries. Code, effective July 1, 2014, makes extensive changes to the laws regarding testamentary trusts in a WillA … Read more
- Mar. 20 2014
March 2014 Update on the New Wisconsin Budget Bill
At Wokwicz Law Offices, we have been monitoring developments and the legal ramifications for the implementation of the latest Wisconsin Budget Bill. In this, our newest and most recent update, we have a number of key points to highlight to … Read more
- Jan. 30 2014
More than Triple the Offer in an Auto Accident Case Verdict
At Wokwicz Law Offices, we pride ourselves on the quality of our legal services and our commitment to our clients. We are delighted to report that through work with our “Of Counsel” personal injury and accident attorney, our client was … Read more
- Dec. 23 2013
Protecting Rights, Achieving Justice and Securing Assets
At Wokwicz Law Offices, we have been protecting the rights and securing the assets of our clients since 1958. Focused on estate planningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while … Read more
- Nov. 22 2013
Protecting Assets under the New Budget Bill
As we have been writing about for some time now, the new Wisconsin Budget Bill has created a number of significant challenges for protecting assets with estate plans. As implementation of the new bill is rolled out, the estate planningPlanning … Read more
- Oct. 30 2013
Wisconsin Budget Bill Implementation Demands Estate Planning Review
The partial implementation of the Wisconsin Budget Bill results in an overly-complicated law — presenting an urgent case for an estate planningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while the … Read more
- Sep. 11 2013
Implementation of the Wisconsin Budget Bill
As we continue to pay close attention to developments concerning the implementation of the Wisconsin Budget Bill, our estate planningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while the person is … Read more
- Jul. 5 2013
Estate Planning in Wisconsin: Considering the New Budget Bill
Over the past few months, 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. lawyers at our firm have been closely monitoring the progress of the Wisconsin Budget Bill. As we previously reported, this new budget bill is likely to have a significant impact on estate … Read more