Firm News

At Wokwicz Law Offices, LLC, we believe that regular communication with our clients on relevant and important topics is key to providing a more complete service for our clients. With this in mind, we are happy to share news of our firm and, perhaps even more importantly, legal and final news that are likely to effect our clients.

• Feb. 10 2026

  What is the difference between an Immediate and a Springing Financial Power of Attorney?

  When planning for the future, a Durable Financial Power of AttorneyA document that authorizes an agent, also referred to as an attorney-in-factA person also referred to as an “agent” that is appointed by a Power of Attorney document to handle financial affairs for another person while that person is alive., to conduct financial matters on one’s behalf. A power of attorneySee Power of Attorney for Health Care, Financial Power of Attorney, and Durable Power of Attorney. More ceases to be valid upon the incapacity of a … Read more »

• Jan. 27 2026

  A Spendthrift Trust in Wisconsin: The Power to Protect Your Child’s Inheritance

  Parents work hard to build a legacy that willA written document that sets forth and names the personal representativeA term used in Wisconsin to describe the person appointed by a probate court to be in charge of the probate administration process of a deceased person. This is often referred to in other states as an Executor or Administrator. The Personal Representative may be set forth and nominated in a decedent’s Will before death along with successor Personal Representatives. who 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 in charge of overseeing the probateThe court process proving the validity of a Will and conducting the orderly Inventory, Accounting, and Administration of a decedent’s assets under a Will or under Intestacy laws if there is no Will. The probate process in Wisconsin typically takes between six to twelve months in Wisconsin and can take longer in some cases. Probate can be avoided by proper Estate Planning and through the use of beneficiary designations, Transfer on Death Deeds, Marital Property Agreements and Trusts. process and names the specific bequest and residual beneficiaries of property who … Read more »

• Jul. 26 2021

  Digital Assets, Social Media, Accounts, and Passwords in Estate Planning

  In today’s digital age, electronic devices, online accounts, and cloud storage are inescapable parts of every day life. The challenges and stay-at-home orders of Covid reinforced this reality even more over the past 17 months. Our lives are intertwined with … Read more »

• Dec. 10 2019

  Beneficiary Designations – An Often Overlooked Part of Estate Planning

  Creating a Wisconsin revocable trustA trustThe arrangement creating the legal ownership of assets by a trustee for the benefit of the Settlor and/or other beneficiaries. created during lifetime that can be terminated, amended, or modified by the person creating it. A Revocable TrustA trust created during lifetime that can be terminated, amended, or modified by the person creating it. A Revocable Trust is often used in Wisconsin to avoid probate and provide for the orderly and proper distribution of assets upon death of its creator and to provide for management of assets and property if the creator of the trust becomes incapacitated. is often used in Wisconsin to avoid probateThe court process proving the validity of a Will and conducting the orderly Inventory, Accounting, and Administration of a decedent’s assets under a Will or under Intestacy laws if there is no Will. The probate process in Wisconsin typically takes between six to twelve months in Wisconsin and can take longer in some cases. Probate can be avoided by proper Estate Planning and through the use of beneficiary designations, Transfer on Death Deeds, Marital Property Agreements and Trusts. and provide for the orderly and proper distribution … Read more »

• Oct. 24 2019

  Grandparent Gifting: The Right Way to Gift to Grandchildren

  In our experience as estate planning attorneys, we know that grandparents love giving gifts to their grandchildren. For our clients able to make significant gifts to their grandchildren, they find it rewarding to help their grandchildren with educational expenses and … Read more »

• Oct. 1 2019

  Trustee Selection for Estate Planning

  The importance of trusteeThe person or company named in a trust to manage property and assets of a trust. Usually a trustThe arrangement creating the legal ownership of assets by a trustee for the benefit of the Settlor and/or other beneficiaries. will name an initial trustee or co-trustees and successor trustees. 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. has the duty to act in the … Read more »