Serving clients throughout Wisconsin, and especially in Waukesha, Milwaukee,
Jefferson and Washington Counties
If you don’t have a will when you die, your estate will be distributed to your heirs according to the law, as designated by the Wisconsin Statutes. Unfortunately, your heirs might not be the ones you would have chosen and the estate may not be divided up as you would have wanted. The process will be paid for by your assets.
To avoid probate you must divest of all assets over $10,000 prior to your death. This can be achieved by forming trusts, gifting, retitling, and through charitable transfers.
No. The court provides supervision for the division of your assets and assurance that your wishes, as stated in a will or testamentary document, will be honored.
Intestacy is defined as dying without leaving a valid will or without confirming in a written document how your property is to be distributed upon death.
The best way to ensure the validity of your will is to hire an experienced estate planning attorney who can help you avoid some of the pitfalls that are common in the type of wills you’ll find on the internet.
With a revocable living trust, you can transfer the ownership of your assets and accounts to a free-standing entity so you can avoid probate without giving up your control.
A living will is a document that allows you to give explicit instructions on medical treatments to be administered in end of life stages in order to avoid legal complications with health care providers and facilities.
To help your loved ones avoid an expensive and lengthy process in the courts, you should have approved and signed all legal documents pertaining to the transfer of your assets.
Count on Tom Aul for trustworthy legal estate planning services.
He can help in:
Initiating a probate case on behalf of the deceased
Taking inventory of assets in the estate or trust
Accurate calculation and payment of all estate and trust expenses, both federal and state
Ensuring legitimacy of creditor claims
Locating, preserving estate assets and minimizing the loss and other costs
Interpreting terms of a will or trust
Maintaining precise records