Wisconsin Basic Estate Planning
For the vast majority of people there are three basic, yet essential, documents necessary for estate planning:
This is certainly not an exhaustive discussion of estate planning. There are also more complex estate plans for those who need to address potential estate or capital gains taxes as well as medicaid nursing home planning.
There are certain devices to keep assets in your estate from passing through your will or probate. Some examples are titling real property as joint-tenants with survivorship interest. Bank accounts can also be titled in a like manner or designated as P.O.D. (payable on death) to a designated beneficiary.
Life insurance policies as well as many retirement assets can also pass by beneficiary designation to keep those assets from passing through your estate. There may also be instances where you may want to designate your estate or Trust as a beneficiary of certain assets.
Attorney Riley would be happy to discuss options to simplify the passage of assets to beneficiaries outside the probate process.
Basic Estate Planning Package
Attorney Riley offers a very reasonable flat fee for the drafting of all three of these documents for both married parties, partners, or individuals. Please call (608-833-3880) or e-mail Riley Lawoffice for a quote on these services.
Contact Riley Law Office
If Attorney Tim Riley can be of assistance to you with your legal situation, please call Riley Law Office for a free initial consultation at (608) 833-3880 or email Attorney Riley. Attorney Riley will be happy to speak with you with no obligation on your part.