What Happens to My “Digital Property” After I Die?

Probate in Wisconsin has traditionally dealt with two kinds of property – the physical and the intangible. The latter, intangible, refers to assets like bank accounts or stocks that lack a physical form yet serve as a defined store of value. These days there is another, distinct type of intangible property that we all possess […]

What Happens if the Trustee of My Trust Fails to Follow My Instructions?

Although trusts are not difficult to create, they do require a certain degree of administration. If you are presently serving as a trustee, particularly of an irrevocable trust, you must take care to faithfully execute the trust instrument’s instructions. If you do need assistance with trust administration, you should not hesitate to contact a qualified […]

Should My Child’s Bankruptcy Affect My Own Estate Planning?

One of the biggest estate planning concerns that we hear about from parents is that they are reluctant to leave a potentially sizable inheritance to their financially irresponsible adult children. This raises an interesting question that you probably have not considered in connection with your own estate plan: What happens if my child files for […]

What Happens When an Executor Steals Money from a Wisconsin Estate?

Trust is a critical part of estate planning, and we are not talking about revocable living trusts. We are talking about the fact that you need to entrust another person–i.e. the personal representative or executor of your estate–to manage your affairs after you die. Your choice of an executor is often more critical than deciding […]