Wisconsin Wills and Trusts By Waterman Law LLC

12/20/2023

Madison Wisconsin Attorney Explains What Happens When Someone Dies Without Estate Planning Documents

Watch here: https://vimeo.com/872511408

wisconsinwillsandtrusts.com Waterman Law LLC 10 E Doty Street Suite 800 Madison, WI 53703 (608) 200-2696 Without proper estate planning documents, state laws determine…

12/14/2023

Madison Wisconsin Estate Planning Attorney Explains The Importance Of Careful Estate Planning

Watch here: https://vimeo.com/872511317

wisconsinwillsandtrusts.com Waterman Law LLC 10 E Doty Street Suite 800 Madison, WI 53703 (608) 200-2696 Estate planning is the procedure through which you determine…

12/11/2023

Is Wisconsin’s Probate As Bad As Everyone Says It Is?

The difficulty of probate can vary depending on the complexity of the estate. While the court fees are not exorbitant (0.2% of the estate value), costs can increase if there’s confusion, disputes among beneficiaries, or if legal representation is needed to navigate the process.

Learn here: https://www.wisconsinwillsandtrusts.com/probate/

12/01/2023

What Happens When Someone Dies Without A Will In Wisconsin?

In the absence of proper estate documents, the state employs an ‘intestacy scheme’ to distribute the deceased’s assets. Depending on individual circumstances such as marital status, presence of children, or even extended family, the distribution of assets varies.

Learn here: https://www.wisconsinwillsandtrusts.com/estate-planning/

11/21/2023

Do You Really Need A Probate Attorney In Wisconsin?

It’s possible to navigate the probate process without an attorney, especially if the estate is straightforward and there are no conflicts among beneficiaries. However, even in uncomplicated cases, understanding the process, filling out forms, and handling administrative tasks can be challenging for those unfamiliar with the probate process.

Learn here: https://www.wisconsinwillsandtrusts.com/probate/

11/17/2023

Can I Avoid Probate Of My Estate After Death?

Probate can be avoided by keeping the total value of your estate under $50,000 or by transferring your assets into a trust. Since trusts do not die, the assets they contain don’t require probate court administration. Similarly, assets in banks, insurance policies, or retirement plans with designated beneficiaries are not subject to probate, as they transfer to the named beneficiary directly.

Learn here: https://www.wisconsinwillsandtrusts.com/probate/

11/08/2023

Can A Will Prevent Probate In Wisconsin?

A will does not prevent probate in Wisconsin. However, a trust can potentially bypass probate. When assets are held in a trust, they are owned by the trust itself, not the individual. Therefore, if the trust contains the majority of a person’s property, it’s possible to avoid probate, unless the assets outside of the trust have a total value over $50,000.

Learn here: https://www.wisconsinwillsandtrusts.com/probate/

10/31/2023

Is Wisconsin’s Probate As Bad As Everyone Says It Is?

The difficulty of probate can vary depending on the complexity of the estate. While the court fees are not exorbitant (0.2% of the estate value), costs can increase if there’s confusion, disputes among beneficiaries, or if legal representation is needed to navigate the process. Therefore, while probate involves a lot of administrative tasks and can be time-consuming, it’s generally manageable unless there are complicating factors.

Learn here: https://www.wisconsinwillsandtrusts.com/probate/

10/23/2023

What Is Probate And What Triggers Probate In Wisconsin?

Probate is the process of proving and executing a will in court, also known as the probate court. The court oversees the administration of an estate, which involves completing numerous forms, observing waiting periods, and ensuring debts are settled before assets are distributed to beneficiaries.

Learn here: https://www.wisconsinwillsandtrusts.com/probate/

10/19/2023

What Is Estate Planning And Why Do We Need It? What Happens If Someone Dies In Wisconsin Without Having Proper Estate Planning Documents In Place?

Learn here: https://www.wisconsinwillsandtrusts.com/estate-planning/

10/11/2023

Charitable Gift Planning – In addition to the tremendous value in supporting a cause you care about, providing for a charity can be an effective way to preserve assets.

Learn here: https://www.wisconsinwillsandtrusts.com/

10/04/2023

Providing for Pets – A pet trust can be incorporated into a new or existing estate plan to provide for ongoing care of your pets. Estate planning is all about protecting what’s important to you. So, even if you expect to outlive your pets, you can be confident you are prepared for the unexpected.

Learn here: https://www.wisconsinwillsandtrusts.com/