Schedule an appointment today to complete your estate plans, giving you and your family peace of mind: (731) IN TRUST (468-7878) or rachel@rrandersonep.com. Do you have questions about estate planning tools? Book a free initial consultation, and Attorney Rachel R. Anderson will personally meet with you and offer a tailored approach to meet your goals.
A WILL is where you name the guardian(s) for minor children and the personal representative(s) to administer your estate, and you specify how you want to distribute your probate assets. You put much effort into choosing a trusted babysitter for an evening. Have you made a legal plan regarding who will care for your children until they reach adulthood, if needed?
POWERS OF ATTORNEY (“POA”) give authority to a trusted person to make decisions on your behalf regarding medical choices and financial obligations. Assists in avoiding guardianship if you lose capacity. Types of POA that are customized to your wishes: (1.) Health Care Power of Attorney and (2.) Durable Power of Attorney for Finances and Property.
A TRUST is an option to transfer assets privately and expeditiously, outside of probate court. Do you know when Wisconsin requires assets to go through the probate process? Book a free initial consultation, and Attorney Rachel R. Anderson will answer this question. The fee for your trust depends on the size and complexity of the trust. If you have a child or parent who has long term care needs to be met by you, consider a trust. If you want flexibility regarding how and when your assets will be distributed in a timely manner to your family and/or the organizations you care about, a trust may be the right choice for you. If you value privacy regarding your financial assets, consider a trust.
This information is given for informational purposes only and does not constitute legal advice or create an attorney/client relationship nor an expectation of confidentiality. Please contact me about your legal needs. For tax questions, please see a financial advisor.