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Collins Law Firm, LLC

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Collins Law Firm, LLC

Collins Law Firm, LLC helps families and businesses build, protect and efficiently pass their legacy It would seem foolhardy, wouldn’t it?

Imagine that you travel out to a piece of land and begin to build without any plans. You have no architectural guidelines or construction blueprints. And yet, in my profession, I encounter this type of thinking related to estate planning on a daily basis. Everyone has an estate. You may own a car, a home, other property, a business, savings accounts or other investments, furniture, or other person

al possessions. If you plan properly at the very start, you can build a legacy for your family and future generations. It’s never too early to start and it’s never too late to begin. I can assist you in this process and help you to build and protect your assets. Working through the estate planning process with me will give you and your family goals to aim for the security that comes from peace of mind. In many ways, I feel uniquely qualified to help you and your family through this process. My father came from a family of 12 children and my mother from a family of 7. They didn’t have much growing up, but they worked extremely hard to create something for themselves, their families, and the next generation. Their work ethic and legacy building is a part of me. I benefitted from their efforts and want to continue their legacy. During my undergraduate years, I studied in Belgium and learned to speak French. After college, I spent time in England and Spain and in 2004 I had the good fortune to take a trip around the world through Europe, Asia, and Australia. I studied international law through a program at the University of Toronto in Canada and the East China School of Politics and Law in Shanghai. My travels solidified my education and gave me a better understanding of our global challenges. It also gave me a deep appreciation for the beauty that exists worldwide and that all of us have the opportunity to share if we preserve it. When I began my career, I quickly faced the challenges that all entrepreneurs face. As a small business owner, I’ve experienced the focused effort it takes to build a business and how critical it is to preserve what you have built. My wife and I have two children and I see first hand how easy it is to get caught up in the day-to-day and lose track of the bigger picture of what you’re building for your family. The plans that we will create together for your family will be tailored to your personality, goals, and values. You’ll be involved in every stage of the process as we go through the available options together. By creating this plan, you’ll ensure that your desires are carried out throughout your lifetime and beyond. No matter whether you are just starting your family or you are close to retiring, if you are thinking of estate planning, call me to set up a consultation. Take the time to fill out our Estate Planning checklist in advance so I can tailor our initial discussion to your needs. I look forward to helping you build your legacy. Collins Law Firm, LLC helps families and businesses build, protect and efficiently pass their wealth on to the next generation. [email protected] or (608) 886-9529
www.giffcollinslaw.com

08/24/2023

Join us for a free informative workshop on estate planning and other law-related topics while enjoying a delcious slice of pie! 🥧

Spots are limited, so make sure to register today!

To register: Call (262) 347-2820 or email [email protected]

05/25/2023

With comes the decision of whether to set up a revocable or irrevocable trust. Both provide important benefits, but the irrevocable trust is more restrictive. Do your due diligence and seek counsel to make sure it’s set up correctly!

Please read our blog to learn more!

http://ow.ly/qtkY50Ox9oo

04/04/2023

The harsh reality for families of special needs individuals is a constant fear of what their special needs loved one will do when their caretakers are no longer able to care for them. How can their caretakers ensure that their special needs loved one receives the support they need and has a good quality of life when they are no longer physically present to advocate for them?

Often, special needs individuals are unable to work or live independently, and caring for them can be a full-time job itself. Additionally, ensuring they receive the support they need can be costly. Family members of special needs loved ones may fear that government benefits are not enough to meet the needs of their special needs loved ones. Government benefits may provide the bare minimum in terms of “needs”, but what about “wants” and quality of life?

Click on the link below to learn more about a Special Needs Trust.

http://ow.ly/Yp4n50NzVoz

03/28/2023

Revocable living trusts are a great benefit to almost everyone’s estate plan. However, though you can put most of your assets in a revocable living trust, living trusts are not ideal for all assets that you may want to pass on to your children, family, friends, and relatives. Today, Collins Law is going to help you with what not to put into a revocable living trust.

Click on this link http://ow.ly/58qz50Nuk30 to learn more!

03/14/2023

As you create your estate plan, you may wonder – Do I need a trust in addition to my will?

In Wisconsin, numerous trusts exist, such as revocable, irrevocable, testamentary, marital, and bypass trusts. However, let’s focus on the pros and cons of an irrevocable trust and whether you may need one for your estate plan.

Read more by clicking the link below.

http://ow.ly/O1UA50NhRT4

03/08/2023

Many people set up trusts as part of their estate plan, in addition to wills and powers of attorney. However, when setting up a trust, you need to consider its administration as well as its purpose.

Choosing a Wisconsin trustee to oversee and administer your trust is a critical decision. After all, a trustee should manage your trust according to your instructions and wishes.

Click the link below to read our blog post and learn more about selecting a trustee for your Wisconsin trust.

http://ow.ly/SAo450NcFZu

03/01/2023

Thinking about your family if you die or become disabled is not always at the top of our to-do lists. However, planning for this now can save your family lots of stress if they find themselves in this situation.

One way to protect your family is to create a revocable trust as part of your estate plan. Click the link below to learn more about a revocable trust and whether this estate planning tool might be right for you.

http://ow.ly/IQQC50N6fKR

02/15/2023

Protecting your privacy cannot be understated...however, what happens when you pass away?

Read our blog post to learn more about how a living trust can help!

http://ow.ly/h15b50MTeig

02/07/2023

Probate?

What is Probate?

All states have rules and laws regarding probate administration – and Wisconsin’s no different. In Wisconsin, probate is the legal process of transferring assets after a person’s death while also dealing with any amounts owed to creditors or for taxes. A local probate court supervises this process.

Click the link below to expand your knowledge about the probate process!

http://ow.ly/FOmy50MLXlN

01/31/2023

When it comes to estate planning, you may be aware of the terms “will” and “trust.” But unless you are in the estate planning business, you may not understand the differences between the two. While they are similar, there are significant elements that make each unique. Before establishing a will or a trust, you will want to know the ramifications of each for you and your family.

Read our blog to learn more by clicking the link below!

http://ow.ly/7qXF50MFM2u

01/24/2023

When you’re setting up your estate plan, you may be considering adding a trust. In Wisconsin, you have a choice of five different trusts: revocable, irrevocable, testamentary, marital, and bypass trusts.

Each has its own purpose. But understanding generally how trusts are taxed can also help you plan for your and your family’s future. Use the link below to learn more about how Wisconsin trusts are taxed.

http://ow.ly/hqnl50Mz1VM

01/10/2023

Estate Planning? 📝

You’ve heard of estate planning and living trusts, but perhaps you think a will is enough. Or perhaps you think that living trusts are only for the wealthy or those with complicated estates. Should everyone have a trust in Wisconsin? In truth, at Collins Law, we say the answer is yes. There are a lot of reasons why a living trust makes sense for pretty much every estate plan.

Let us explain.📣

https://giffcollinslaw.com/should-everyone-have-a-trust-in-wisconsin/

Address

11616 W North Avenue, Suite A
Wauwatosa, WI
53226

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

http://www.giffcollinslaw.com/

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Your Partner in Building a Legacy

Imagine that you travel out to a piece of land and begin to build without any plans. You have no architectural guidelines or construction blueprints. It would seem foolhardy, wouldn’t it? And yet, in my profession, I encounter this type of thinking related to estate planning on a daily basis.

Everyone has an estate. You may own a car, a home, other property, a business, savings accounts or other investments, furniture, or other personal possessions. If you plan properly at the very start, you can build a legacy for your family and future generations. It’s never too early to start and it’s never too late to begin. I can assist you in this process and help you to build and protect your assets. Working through the estate planning process with me will give you and your family goals to aim for the security that comes from peace of mind.

In many ways, I feel uniquely qualified to help you and your family through this process. My father came from a family of 12 children and my mother from a family of 7. They didn’t have much growing up, but they worked extremely hard to create something for themselves, their families, and the next generation. Their work ethic and legacy building is a part of me. I benefitted from their efforts and want to continue their legacy.

During my undergraduate years, I studied in Belgium and learned to speak French. After college, I spent time in England and Spain and in 2004 I had the good fortune to take a trip around the world through Europe, Asia, and Australia. I studied international law through a program at the University of Toronto in Canada and the East China School of Politics and Law in Shanghai. My travels solidified my education and gave me a better understanding of our global challenges. It also gave me a deep appreciation for the beauty that exists worldwide and that all of us have the opportunity to share if we preserve it.

When I began my career, I quickly faced the challenges that all entrepreneurs face. As a small business owner, I’ve experienced the focused effort it takes to build a business and how critical it is to preserve what you have built. My wife and I have two children and I see first hand how easy it is to get caught up in the day-to-day and lose track of the bigger picture of what you’re building for your family.

The plans that we will create together for your family will be tailored to your personality, goals, and values. You’ll be involved in every stage of the process as we go through the available options together. By creating this plan, you’ll ensure that your desires are carried out throughout your lifetime and beyond.

No matter whether you are just starting your family or you are close to retiring, if you are thinking of estate planning, call me to set up a consultation. Take the time to fill out our Estate Planning checklist in advance so I can tailor our initial discussion to your needs. I look forward to helping you build your legacy.

Collins Law Firm, LLC helps families and businesses build, protect and efficiently pass their wealth on to the next generation.

[email protected] or (608) 886-9529 www.giffcollinslaw.com