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.
- Jan. 15 2011
Discussing the Revocable Living Trust
Update (December 2014): Please see our recent news article on protecting your home with an Irrevocable TrustA trust that cannot be terminated, revoked or amended by the creating person. In Wisconsin and in estate planning an irrevocable trust can refer to a trust that is set up to protect assets from a nursing home and Medical Assistance if prepared and funded well in advance. See Using Trusts to Protect Assets from Nursing Homes. Also see Using Trusts to Protect Assets from Nursing Homes. The Revocable Living TrustA trustThe arrangement creating the legal ownership of assets by a trustee for the benefit of the Settlor and/or other beneficiaries. created by a person during life and includes Irrevocable … Read more
- Dec. 8 2010
Estate Tax Alert
As we write this, the clock keeps ticking on the Federal Estate TaxThe Federal tax that is imposed on transfer of assets at death, especially to non-spouses. The current Federal Estate TaxThe Federal tax that is imposed on transfer of assets at death, especially to non-spouses. The current Federal Estate Tax, simply speaking, is for assets in excess of 5.34 million dollars for the year 2014. There is not currently an estate tax in Wisconsin, but approximately 20 other states still have some form of estate tax., simply speaking, is for assets in excess of 5.34 … Read more
- Dec. 2 2010
Our Probate and Trust Administration Staff is Growing
At Wokwicz Law Offices, LLC, we are pleased to announce that Kirsten Gargas, a Kenosha resident, has joined our firm as a paralegal. With her extensive training, education, and experience in trust, estate, and probateThe court process proving the validity … Read more
- Nov. 15 2010
Accidents, Personal Injury and Malpractice Attorney, Timothy Whiting
We continue to work with our co-counsel, Timothy Whiting, on our client’s car accident, personal injury, and medical malpractice injuries as well as wrongful death suits. Due to our strong relationship with Tim, he has been “of counsel” for Wokwicz … Read more
- Oct. 11 2010
Paul B. Wokwicz completes the Chicago Marathon
A new runner, Paul B. Wokwicz, had an exciting summer training for some big races in the autumn. He managed to finish the Chicago Marathon in October of 2010, and having successfully completed the Lake Country Half Marathon in September … Read more
- Sep. 1 2010
Power of Attorney for Finance and Property – New Law Effective September 1, 2010
Wisconsin enacted a new law for Financial and Property Power of AttorneySee Power of Attorney for Health CareA document that authorizes a person, called an agent, to make health care decisions in the event that the person creating the document becomes incapacitated and can no longer make his or her health care decisions. A power of attorney for health care should also set-forth desires on the use or non-use of artificial equipment and feeding tubes in the event that the creator becomes incapacitated., Financial Power of AttorneyA document that authorizes an agent, also referred to as an attorney-in-fact, to conduct financial matters on one’s behalf. A power of attorney ceases to be valid upon the incapacity of a person unless it is a Durable Power of Attorney. A power of attorney terminates at the death of the person who created it., and Durable Power of AttorneyA Financial Power of Attorney that does not terminate if the person making the power of attorney becomes incapacitated.. documents effective as of September 1, 2010. Chapter 244 of the Wisconsin Statutes … Read more