As someone in your 20s or 30s, estate planning is likely a new item on your list of priorities. As you build a career, family, and life of your own, it becomes increasingly important to make sure you protect what matters most. While certain considerations are relevant regardless of the age at which you put […]
What Is Ancillary Probate And When Is It Required?
Probate is the process of handling someone’s estate after their death. When a probate proceeding is opened in Wisconsin and the property is located in Wisconsin, the Wisconsin courts can handle this process and ensure that the debts of the estate are fully paid off and the beneficiaries of the estate receive the assets that […]
Avoiding Probate Through POD and TOD accounts
When individuals seek assistance with their estates, one of their top concerns is typically how to transfer their assets to their children or other beneficiaries with minimal delay and hassle. Often this means wondering if they can avoid the probate process. Assets for estate purposes usually come in two forms: probate assets and non-probate assets. […]
How Can I Expedite Probate For A Smaller Estate?
Wisconsin provides several alternative processes for smaller estates that are not in need of full-blown formal probate. These include: Transfer By Affidavit Summary Administration Summary Settlement Informal Administration Small Estate Options in North Central Wisconsin Transfer by Affidavit is perhaps the easiest option available to potential heirs of a small estate. The transfer of affidavit […]
3 Tips For Avoiding Probate
In the immediate aftermath of the death of a loved one, even the smallest of tasks can seem overwhelming and exhausting. Handling funeral arrangements, dealing with personal possessions, and adjusting to the loss can take all the time and energy you have. The probate process can be a long and frustrating one. It may include […]
Common Flaws in DIY Estate Plans
These days, it’s not hard to find DIY estate plan websites, software packages, books, and fill-in-the-blank forms. More people than ever are relying on DIY estate plans to make wills and other estate documents. It’s a cheap solution for those who can’t afford to pay an attorney to create estate plan documents. But, if you’re […]