ESTATE PLANNING

Estate planning is the process of creating legal documents which list instructions detailing how you want your property distributed after you pass away. Estate planning can be a challenging task.  By taking the time to thoughtfully create an estate plan, you can identify those persons who will receive your property when you are gone.  Your plan may provide for your loved ones and other individuals or charitable organizations.  Estate planning, whether accomplished through a simple will or the use of more sophisticated trusts, serves as an essential guide for your representatives regarding the transfer of your property.

We serve six Southern Wisconsin counties including Adams, Columbia, Dane, Juneau, Richland and Sauk counties.

Wills

A Will is a legal document that lets you provide who should receive which of your assets after your death. Recipients of the assets are called beneficiaries. A Will also names a personal representative who distributes your property, appoints a guardian to care for minor children, and determines how and when property is transferred to beneficiaries.

Trusts

A Trust is a flexible planning tool which can be used for a variety of purposes. One purpose is to transfer property without the need for a probate. Another purpose is to give discretion to provide for several family members or different generations of family members by delaying the distribution of your property. More sophisticated trusts can help reduce estate and generation skipping tax liability. Although trusts can be extremely useful, they are not necessary for everyone.

Health Care Power of Attorney

Also known as a Living Will, or a durable health care directive, this legal document is one of the most important estate planning tools. It allows an individual to name someone as his or her Agent, who will make health care decisions when a person cannot communicate his or her wishes to a health care provider. This list of instructions guides the health care agent in making important and sometimes difficult decision regarding medical care.

Financial Power of Attorney

This legal document allows a person (the principal) to name someone else as his or her Agent to handle financial matters when the principal is unable to do so. This can be a significant estate planning tool. In many cases, the authority of an Agent is limited either to specific transactions or situations where the principal is unable to act.

Services we provide:

Simple Wills
Revocable Trusts
Disclaimer Wills
Irrevocable Trusts
Health Care Power of Attorney
Durable Power of Attorney
Charitable Trusts
Supplemental Needs Trusts
Antenuptial Agreements
Postnuptial Agreements