Estate Planning Probate

 

 

  Plan for your future today!

 

The attorneys at McDonald Law Office are prepared to assist residents of Wisconsin with all of their estate planning needs.  Our attorneys can discuss with you the advantages of wills and living trusts, prepare powers of attorney to plan for potential incapacity, assist with guardianships, and aid in probate proceedings.

 

WILL

A will is a written document that allows an individual to direct the affairs of his or her estate after his or her death.  In the will a person can designate a beneficiary or multiple beneficiaries, name a personal representative to manage the estate, name a guardian for minor children, and create a trust to protect assets of any minor children.  If you are over the age of 18 you should have a will as well as other estate planning documents. 

LIVING TRUST

Some people prefer a living trust instead of or in conjunction with a will as an estate planning document.  A living trust is an entity created to hold assets for the beneficiaries named in the trust.  It is managed by a trustee, who is often the individual who created the trust.  When the beneficiary of the living trust passes away, the assets of the trust are distributed according to the plan laid out in the trust documents.

LIVING WILL

A living will is a legal document that an individual uses to declare his or her wishes regarding life prolonging medical treatment.  A proper estate plan will include a living will along with a power of attorney for health care.

POWER OF ATTORNEY FOR HEALTH CARE

A power of attorney for health care is a written document authorizing someone you trust to make health care decisions on your behalf should you become incapacitated and unable to make those decisions yourself.  Unlike the living will, which only deals with end of life decisions regarding prolonging medical treatment, your health care power of attorney will enable your agent to make a wide variety of medical decisions if you are unable to do so yourself.

POWER OF ATTORNEY FOR FINANCES AND PROPERTY 

A power of attorney for finances and property is a legal document that authorizes someone you trust to make decisions regarding your assets and your financial affairs.  In Wisconsin you have the ability to enable your agent to act immediately upon your creation of the power of attorney for finances and property, or you can authorize your agent to act only if you become incapacitated or unable to manage your affairs.  You can also grant your agent broad powers over all your property (real and tangible), investments, bank accounts, taxes, legal matters, and others or you can limit your agent’s powers to a specific item.

 

It is important that you create the proper estate plan for your situation.  The attorneys at McDonald Law Office can assist you with that estate plan.

 

Probate Administration

The passing of a loved one is often a stressful and emotional time.  You do not need any additional stress regarding how to manage the estate of your departed loved one.  The attorneys at McDonald Law Office are here to assist you through the legal process.  We have helped hundreds of clients over the years with estate planning and probate administration.  Contact us if you would like to put our experience to work for you.

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Estate Planning Probate

 

 

  Plan for your future today!

 

The attorneys at McDonald Law Office are prepared to assist residents of Wisconsin with all of their estate planning needs.  Our attorneys can discuss with you the advantages of wills and living trusts, prepare powers of attorney to plan for potential incapacity, assist with guardianships, and aid in probate proceedings.

 

WILL

A will is a written document that allows an individual to direct the affairs of his or her estate after his or her death.  In the will a person can designate a beneficiary or multiple beneficiaries, name a personal representative to manage the estate, name a guardian for minor children, and create a trust to protect assets of any minor children.  If you are over the age of 18 you should have a will as well as other estate planning documents. 

LIVING TRUST

Some people prefer a living trust instead of or in conjunction with a will as an estate planning document.  A living trust is an entity created to hold assets for the beneficiaries named in the trust.  It is managed by a trustee, who is often the individual who created the trust.  When the beneficiary of the living trust passes away, the assets of the trust are distributed according to the plan laid out in the trust documents.

LIVING WILL

A living will is a legal document that an individual uses to declare his or her wishes regarding life prolonging medical treatment.  A proper estate plan will include a living will along with a power of attorney for health care.

POWER OF ATTORNEY FOR HEALTH CARE

A power of attorney for health care is a written document authorizing someone you trust to make health care decisions on your behalf should you become incapacitated and unable to make those decisions yourself.  Unlike the living will, which only deals with end of life decisions regarding prolonging medical treatment, your health care power of attorney will enable your agent to make a wide variety of medical decisions if you are unable to do so yourself.

POWER OF ATTORNEY FOR FINANCES AND PROPERTY 

A power of attorney for finances and property is a legal document that authorizes someone you trust to make decisions regarding your assets and your financial affairs.  In Wisconsin you have the ability to enable your agent to act immediately upon your creation of the power of attorney for finances and property, or you can authorize your agent to act only if you become incapacitated or unable to manage your affairs.  You can also grant your agent broad powers over all your property (real and tangible), investments, bank accounts, taxes, legal matters, and others or you can limit your agent’s powers to a specific item.

 

It is important that you create the proper estate plan for your situation.  The attorneys at McDonald Law Office can assist you with that estate plan.

 

Probate Administration

The passing of a loved one is often a stressful and emotional time.  You do not need any additional stress regarding how to manage the estate of your departed loved one.  The attorneys at McDonald Law Office are here to assist you through the legal process.  We have helped hundreds of clients over the years with estate planning and probate administration.  Contact us if you would like to put our experience to work for you.

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