Share

Madison Wisconsin Estate Planning Blog

Wednesday, July 16, 2014

Limited Liability Company (LLC): An Overview
The limited liability company (LLC) is a hybrid type of business structure, offering business owners the best of both worlds: the simplicity of a sole proprietorship or partnership, with the liability protection of a corporation. A limited liability company consists of one or more owners (called “members”) who actively manage the company’s business affairs. LLCs are relatively simple to establish and operate, with minimal annual filing requirements in most jurisdictions.
Read more . . .


Thursday, July 10, 2014

Incorporating Faith and Values in Estate Planning

For many, passing along religious beliefs or values to the next generation is just as important as passing along financial wealth and tangible assets. Estate planning creates many opportunities to do this, including:

* End-of-Life Care. A health care power of attorney (Advance Directive in some states) lets you name someone to make medical decisions for you in the event you cannot make them yourself. This can be someone who shares your faith and values about end-of-life issues or someone who will honor your wishes. In either case, it is a good idea to provide written instructions about things like organ donation, pain medication (some may want to remain conscious at the end of life), hospice arrangements, even avoiding care in a specific facility. A visit by a priest, rabbi or other member of clergy may be desired. Pregnant women may want to include their preference on medical decisions that would impact the mother and her unborn child.


Read more . . .


Friday, July 04, 2014

Happy Independence Day

Did you know?

During the summer of 1776 some colonists celebrated the birth of independence by holding mock funerals for King George III, as a way of symbolizing the end of the monarchy’s hold on America and the triumph of liberty. Festivities including concerts, bonfires, parades and the firing of cannons and muskets usually accompanied the first public readings of the Declaration of Independence.
 
Have a safe and happy Independence Day from all of us at Wilson Law Group!

Monday, June 16, 2014

The New Wisconsin Trust Code: effective July 1, 2014
Wisconsin has never been considered a leading jurisdiction for the creation and administration of trusts.  Thanks to years of volunteer work by some dedicated Wisconsin attorneys, that perception will change significantly on July 1, 2014, when the new Wisconsin Trust Code will go into effect and replace the current Chapter 701 of the Wisconsin statutes.
Read more . . .


Friday, June 13, 2014

Happy Father's Day from Wilson Law Group!
On July 19, 1910, the governor of Washington state proclaimed the nation’s first “Father’s Day". However, it was not until 1972 that the day became a nationwide holiday in the United States.
 
Have a Happy Father's day weekend!

Monday, June 09, 2014

Upcoming RWay Member Workshop

Trustee Training-The Administrative Process

Thursday, June 19, 2014 6:30 p.m.-8:00 p.m.
UW Agricultural Research Station- 8502 Mineral Point Road, Verona, WI 53593

Who should attend:  This program is designed for your successor trustees.  Prior attendance at the Trustee Training (The Trust Process) program is highly encouraged.  The Administrative Process workshop will provide trustees with a detailed description of the decisions to be made and the tasks to be completed following the death or incapacity of a trustmaker.  These include valuing assets, administering retirement plans and annuities, dividing and distributing trust assets, and preparing estate and fiduciary income tax returns.  It is important to know how to handle these responsibilities before the need exists.  We encourage you and your successor trustees to attend this workshop.

Friday, June 06, 2014

Living Trusts and Probate Avoidance

You want your money and property to go to your loved ones when you die, not to the courts, lawyers or the government. Unfortunately, unless you’ve done proper estate planning, your heirs could lose a sizable portion of their inheritance to probate court fees and expenses. A properly-crafted and “funded” living trust is the ideal probate-avoidance tool which can save thousands in legal costs, enhance family privacy and avoid lengthy delays in distributing property to your loved ones.


Read more . . .


Monday, June 02, 2014

Upcoming RWay Member Workshop

Trustee Training (The Trust Process)

Thursday, June 12, 2014 6:30 p.m.-8:00 p.m.
UW Agricultural Research Station- 8502 Mineral Point Road, Verona, WI 53593

Who should attend: Anyone who may serve as a trustee or successor trustee for a living trust.  This includes the surviving spouse, adult children or others you have named in your trust who want to understand how a trust works.  The program will provide attendees with an understanding of estate planning concepts, why a trust is useful in family planning, and an introduction to the trust administration process. 

Attendance is a must for every trustee of every trust.  A workbook will be included. We encourage you and your successor trustees to attend this workshop. 

This program is a precursor for the Trustee Training (The Administrative Process) program.

CLICK HERE TO REGISTER

Wednesday, May 28, 2014

Treating Children Fairly Does Not Necessarily Mean Equally

Most parents want to treat their children fairly in their estate planning, and many assume that means having their children inherit equally. But fair does not necessarily mean equal. There may be special circumstances to consider.


Read more . . .


Friday, May 23, 2014

Happy Memorial Day from Wilson Law Group!

Did you know that each year on Memorial Day a national moment of remembrance takes place at 3:00 p.m. local time?  Take a moment this Memorial Day to reflect and appreciate those who have served this beautiful country.

Have a Happy and Safe Memorial Day Weekend!

 


← Newer12 3 4 5 6 7 8 Older →

Archived Posts

2014
2013
December
November
October
September
August
July
June
May
April
March
February
January


With Offices in Madison, WI and Evansville, WI, the attorneys at the Wilson Law Group assist clients with Estate & Business Planning, Probate & Trust Administration, Elder Law and Medicaid Planning throughout Southern Wisconsin including Verona, Middleton, Sun Prairie, Cross Plains, Oregon, Black Earth, Janesville, Jefferson, Fort Atkinson, Baraboo, Reedsburg, Richland Center, Mount Horeb, Monroe, Beaver Dam, Dane County, Rock County, Green County, Iowa County, Richland County, Sauk County, Columbia County, Dodge County and Jefferson County.

View Disclaimer



© 2014 Wilson Law Group LLC | Disclaimer
7633 Ganser Way, Suite 100, Madison, WI 53719
| Phone: 608-833-4001
15 W. Main Street, P.O. Box 142, Evansville, WI 53536
| Phone: 608-882-6300

ABOUT OUR FIRM | OUR EXPERTISE | SPECIALTY PLANNING | BECOMING A CLIENT

Attorney Website Design by
Amicus Creative


Law Firm Website Design by Amicus Creative