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will
When most people think of estate planning, they likely think of wills, trusts, beneficiary designations, and funeral wishes. An often overlooked part of the estate planning process involves considering what happens to your digital property upon your death. Your digital property includes email, photo sharing and storage accounts, Facebook, Google, Apple, etc. Whether you would...
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You may have had informal conversations with your loved ones to designate them as caregivers to your furry friends in the event that you pass. While having verbal confirmation may seem sufficient, there are additional tools you should consider using to ensure safekeeping of your pets once you pass. For example, have you considered a...
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What is a Financial Power of Attorney? A Financial Power of Attorney (FPOA) also known as a “property power of attorney” or a “durable power of attorney” is a document that gives a specified person power over your finances while you are living. The person creating the FPOA is the “principal” and the person who...
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Many of us have thought about and initiated plans for what will happen with our assets when we pass. However, it is important to consider whether those plans have unintended consequences. In this blog, we break down some of the most common estate planning mistakes that we see in the office and why hiring an...
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How do I make sure my minor child is taken care of if I die? There is a common misconception that you can simply tell a trusted friend or family member that they are the person you would like to take care of your children in the event of your death. Unfortunately, a conversation like...
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A blank last will and testament form with a pen laying over it.
What happens in the State of Wisconsin when you die without an estate plan? Intestate Succession: When someone who lived in the state of Wisconsin dies without an estate plan, they are said to have died “intestate” and are thus entitled to the state’s laws of intestate succession. In other words, the state decides what...
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wisconsin estate planning toolbox
In a previous article, Wynn at Law, LLC, highlighted why the holidays are an ideal time to discuss your estate planning needs. The old adage ‘there’s no time like the present’ holds true with estate planning. So, here is a little more detail on the most common, and sometimes overlooked, planning tool: The Will. There are...
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There isn’t a better time to review a will, trust, or other estate planning documents than the convenient time of holiday gatherings. Wynn at Law, LLC definitely realizes how this could be a delicate or somber talk during what should be fun events. However, the family will appreciate it later when they seek clarity on...
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