You’ve Finally Done Your Healthcare Directives – Now What?
These important documents can mean the difference between your health care wishes being carried out or family members fighting over whether you should be placed in a nursing home or ...
Are Your Documents Following the Same Script? Basics of Beneficiary Forms and Estate Planning
In the event of your untimely death, the manner in which your beneficiaries — or those people who receive your assets from your estate — are determined is highly dependent ...
Small Business Owner? Know What Can Happen to Your Business If You Become Incapacitated or Pass Away
Preparing your company for your incapacity or death is vital to the survival of the enterprise. Otherwise, your business will be disrupted, harming your customers, employees, vendors, and ultimately, your ...
When Will I Receive My Inheritance?
If you’ve been named as a beneficiary in a loved one’s estate plan, you’ve likely wondered how long it will take to receive your share of the inheritance. The length ...
3 Ways Your Trust Can Help a Loved One With Mental Illness
When a loved one suffers from a mental illness, one small comfort can be knowing that your trust can take care of them. There are some ways this can happen, ...
What to Expect from Estate Planning in 2018
The year 2017 is now fading into the rearview mirror. As we continue through 2018, let’s consider a few things to watch regarding estate planning, so you and your family ...
A Simple Will Is Not Enough
A basic last will and testament cannot accomplish every goal of estate planning; in fact, it often cannot even accomplish the most common goals. This fact often surprises people who ...
Estate Planning For the Newly Married
Now is the perfect time to start working on an estate plan. As newlyweds, you are figuring out how to consolidate two households into one. You’ve already been working on ...
Do you really need a trust?
Although many people equate “estate planning” with having a will, there are many advantages to having a trust rather than a will as the centerpiece of your estate plan. While ...
What are Letters of Testamentary?
An individual who has been named as a personal representative or executor in a will has a number of important duties. These include gathering the deceased person's property and transferring it to the beneficiaries through a court-supervised process known as probate. In order to initiate this proceeding, the executor must first obtain what are referred to as Letters of Testamentary. In Wisconsin, they are called Domiciliary Letters. This document gives the executor the legal authority to administer the deceased person's estate.