Category Archive: Irrevocable Trusts
- Jun. 18 2015
Gift Tax Rules and Long Term Care: Two Common Misconceptions
As 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 … Read more
- Jan. 30 2015
Trends in 2015: Advance Care Planning
As lawyers with decades of experience helping Wisconsin families prepare for their futures, we keep an eye on estate planningPlanning in advance of disability, incapacity, or death to make sure that key life issues have been addressed while the person is still … Read more
- Dec. 16 2014
Protect Your Home With An Irrevocable Trust
Many of our older clients approach us with concerns about protecting their homes should they find themselves in need of long term care at a nursing home or assisted living center. As estate planning attorneys, we can implement a detailed … Read more
- Oct. 27 2014
Our New Estate Planning Glossary
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 … Read more
- Jun. 27 2014
Our Transparent Approach to Estate Planning
At Wokwicz Law Offices, we understand that 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 … Read more
- 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 Settlor 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
- 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