Once you've written your estate plan in Wisconsin, you should make a plan to revise it every few years. An outdated will can be just as bad as no will at all. Instead of writing your will once and forgetting about it, think of it as a fluid document that changes as...
Wisconsin Estate Planning Legal Blog
How a Medicaid Spend Down Can Work for You
Medicaid qualification starts with an asset or income assessment. For some Wisconsin residents, this may require a spend down. A sound strategy, but there are confusing and complex restrictions you have to adhere to in Wisconsin. Read on for a brief review to see how...
What is digital property?
When someone dies in the state of Wisconsin, their will dictates how the court must divide their assets. This typically includes physical properties like cars and houses as well as financial assets like life insurance policies and savings accounts. However, an...
My Loved One Has Died – What Do I Do Now?
When a family member or other loved one dies, grief and shock can sometimes be overwhelming. The last thing most people want to think about is making phone calls or funeral arrangements. Some things do not need to be done immediately, but there are some steps that...
What is a trustee?
When you place your assets into a trust in Wisconsin, you'll need someone who can manage them on behalf of the beneficiary. This is an especially important decision because you'll want someone who will conscientiously follow your directives after you're gone. A...
Estate planning advice for young parents
Young parents often have a number of unique issues when it comes to estate planning. This is because younger parents are more likely to have small children who require special consideration. Young parents in Wisconsin and elsewhere should focus on a few things when...
When and why you need a will
In general, it is better to have a will than to not have one. If you die without a will or some kind of estate plan in place that determines how your assets will be distributed, such as a trust or beneficiary designations, the state of Wisconsin decides what will...
Understanding SSDI and private disability insurance
Anyone can become disabled. Many people in Wisconsin have friends and family who've found themselves unable to work through no fault of their own. When people become disabled, there are a few different ways for them to replace their lost income. There are private...
How long does probate take?
When an individual passes away in Wisconsin, their estate might go into probate. If you're one of their heirs or an individual named in their will, you're probably wondering how long probate will take. Unfortunately, there's no way to give an exact answer. There are...
Same-Sex Marriage and Pre-2014 Wills
Public attitudes towards same-sex marriage have changed dramatically over the last two decades. An October 2020 public opinion survey (Public Religion Research Institute) places support at 70%, but 16 years earlier, support was only 30%. The tipping point in public...