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Estate planning is a process for legally organizing asset of the person as per his/her wish, during and after the personal life. Estate planning includes estate preservation, management, and legacy.
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About Elder Law Firm The only Elder Law Firm in Wisconsin Affiliated with a Life Care Planning Firm Like a traditional estate and asset preservation plan, Elder Law services include the legal protection needed to safeguard assets, honor your loved one’s wishes and provide for your family members. Our services help you clearly define how your loved one’s long-term care, financial, physical and psychological needs will be met.
Estate Planning Estate planning is a process for legally organizing assets of person as per his/her wish, during and after the person life. Estate planning includes estate preservation, management and legacy.
Benefits Of Estate Planning Keep Your Children Out Of Child Protective Services Minimize Your Expenses Get Property To Loved Ones Quickly Save Your Family From The Difficult Decisions Reduce Taxes
Methods Of Estate Planning There are two methods through which estate planning can be done: By Writing A Will By Creating A Trust
Will & Trust “Will" and “Trust," Both are useful estate planning devices that serve different purposes, and both can work together to create a complete estate plan. Trust can be used to plan for disability or to provide savings on taxes. Will allows you to name a guardian for children and to specify funeral arrangements.
Important Terms Used In estate Planning Assets Power Of Attorney Legal heirs Nominee Guardian
Elder Law Center Of Wisconsin Address: 125 N. Executive Drive, Suite 210, Brookfield, WI, 53005 Website: https://www.elderlawcenterofwisconsin.com Phone: (262) 812-6262 Toll Free: (866) 865-3306 Fax: (480) 969-0079 Email: info@elderlawcenterwi.com
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