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.
- Sep. 13 2016
Tangible Personal Property Distribution
Failure to plan for the distribution of tangible personal propertyPersonal property that is physical in nature and generally capable of being touched, such as jewelry, household items, furniture, automobiles, tools and equipment, guns and sporting goods. It is not “intangible personal … Read more
- Aug. 26 2016
Care Agreement Contract
A Care Agreement Contract is basically a contract with one person, often an adult child, agreeing to provide care services to a parent or disabled person in need of care services. Care agreement contracts are commonly referred to as Personal … Read more
- Jul. 12 2016
Why You Should Have a Durable Power of Attorney
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
- Jun. 28 2016
A Last Will and Testament Does Not Avoid Probate
A Last Will and TestamentSee 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.. (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 will be in charge of overseeing the probate process and names the specific bequest and residual beneficiaries of property who are to … Read more
- Jun. 9 2016
Procrastination and Estate Planning
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 … Read more
- May. 4 2016
Estate Planning and Revocable Trust Misconceptions
Estate planning and 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 Trust is often used in Wisconsin to avoid probate and provide for the orderly and proper distribution … Read more