Category Archive: Revocable Trusts
- Dec. 8 2017
Divorce and Your Trust in Wisconsin
In Wisconsin, divorce raises significant challenges for both revocable and irrevocable trusts. Failure to address issues raised by divorce proceedings will often result in unfavorable or undesirable outcomes. In the third of our series about how divorce effects estate planning … Read more
- Sep. 22 2017
What is a Wisconsin Trust Protector?
A trust protector is a person or company with the power to perform duties over a trust and watch over the trust for the long term. The trust protector can help make sure that a trust functions as intended, well into … Read more
- Jun. 2 2017
Estate Planning Categories: An Overview
When people first meet with estate planning attorneys, the experience can prove overwhelming. There are a great number of ways to approach the creation of a reliable and well-crafted estate plan. Yet there are so many considerations. As a service to … Read more
- Feb. 27 2017
Small Business Estate Planning
Estate Planning for a Closely Held or Small Business In addition to focusing on their business strategies, small business owners and owners of closely held businesses must also address the typical estate planning concerns that our other clients face. Yet, these … Read more
- Jan. 19 2017
No-Contest Clause: A Practical Definition
A no-contest clause is also referred to as an in terrorem clause and as a “penalty clause” in Wisconsin. At its simplest, it is a clause in a last will and testament, trust, or other “governing instrument” that provides a … Read more
- Nov. 30 2016
Estate Plan Review: When Do I Need One?
As estate planning lawyers, we are regularly asked “When do I need to do an estate plan review?” When we draft an estate plan for a client, we attempt to draft with an eye towards the future so that frequent … Read more
- Nov. 1 2016
Marital Property Agreement: Funding a Revocable Trust Without Probate
In Wisconsin,a marital property agreement enables married couples to fund a trust at death while avoiding the need for probate. Unfortunately, this entitlement applies only to married people as it is part of Wisconsin’s Marital Property Code. Nonetheless, it offers a powerful estate … Read more
- Jun. 9 2016
Procrastination and Estate Planning
Estate Planning is not a topic that most of us like to think about. After all, who really wants to think about disability, incompetence or dying? Yet the reality is that an estate plan will be used and will be needed … Read more
- May. 4 2016
Estate Planning and Revocable Trust Misconceptions
Estate planning and revocable trust misconceptions have proven themselves so prevalent and persistent that our estate planning attorneys are setting the facts straight. The truth is hidden amidst the complex legislation surrounding estate planning – and this article aims to … Read more
- Apr. 5 2016
Choosing An Individual Trustee for Your Estate Plan
The task of selecting an appropriate individual trustee to manage your estate after you become incapacitated or pass away often makes or brakes how your assets are managed when you can no longer do so. Get the choice right – and … Read more