Estate Planning Attorney
What Is Estate Planning?
An estate planning attorney guides you through the estate planning process. Estate planning is the process of preparing for the future. In its simplest form, estate planning involves the drafting of a will. More complex estate planning may involve drafting a will, a trust, and powers of attorneys. Estate planning allows you to control what happens to your property after death. Estate planning allows you to provide financially for your children and family. Effective estate planning also saves you money by avoiding taxes.
An estate commonly consists of:
- Cash (often in bank accounts or CDs)
- Stocks and bonds
- Retirement Savings Accounts (401k, IRA, etc.)
- Life Insurance
- Household Items (furniture, televisions, etc.)
- Business Interests
- Debts (credit card debt, mortgage, etc.)
Why do I Need an Estate Planning Attorney?
An estate planning attorney can tailor your estate planning documents to fit your situation. Also, an estate planning attorney will know what documents are needed to accomplish your goals. An estate planning attorney can:
1. Draft your estate planning documents such as a will or trust to accomplish your goals;
2. Save you money by avoiding certain taxes; and
3. Give you peace of mind that your loved ones will be cared for.
What Services Do You Provide?
Our estate planning attorneys will work with you to complete your estate plan. This may include the drafting of a:
1. Will. Everyone should have a will. A will enables you to control where your property goes after death. We can help you draft a detailed will that will hold up in court.
2. Trust. A trust allows you to avoid probate. A trust also allows you to control and protect your assets during life and after death.
3. Power of Attorney. A power of attorney allows others to handle your affairs if you are unable.
4. Marital Property Agreement. In Wisconsin, almost all property becomes marital property when you get married. This means that you and your spouse become joint owners of each other’s property. A marital property agreement prevents this from happening. A marital property agreement is a great way to protect your property.
Call Glinski Law Office today at (262) 632-1555 to schedule a consultation.