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© Pitsch Law Offices, LLC. 614 N. Oneida St., Appleton, WI 54911. Disclaimer. Sitemap.
From our Appleton office, we are Criminal Defense, OWI, DUI, DWI, Personal Injury, Divorce attorneys providing quality legal services to clients throughout the
greater Fox River Valley and Northeastern Wisconsin areas, including Appleton, Green Bay, Oshkosh, Fond du Lac, Menasha, Neenah, Combined Locks,
Darboy, Hortonville, Greenville, Kimberly, Little Chute, Grand Chute, Allouez, Larson, Winneconne, Kaukauna, Wrightstown, De Pere, Ashwaubenon,
Bellevue, Chilton, Manitowoc, Sheboygan, Plymouth, Two Rivers, Outagamie County, Winnebago, Brown County, Fond du Lac County, Sheboygan County,
Waupaca County, Manitowoc County, Kewaunee County, Green Lake County and surrounding areas. If you are in need of a local attorney with extensive
experience in legal representation, whether it be in Brown County, Fond du Lac County or the greater Fox Valley, if you have been arrested for a DUI, OWI,
drug case, domestic abuse, disorderly conduct, white collar crime or are in need of a divorce lawyer or attorney to help represent you in a custody hearing, child
support hearing or personal injury or car accident case, then call your attorneys at Pitsch Law Offices, LLC.
greater Fox River Valley and Northeastern Wisconsin areas, including Appleton, Green Bay, Oshkosh, Fond du Lac, Menasha, Neenah, Combined Locks,
Darboy, Hortonville, Greenville, Kimberly, Little Chute, Grand Chute, Allouez, Larson, Winneconne, Kaukauna, Wrightstown, De Pere, Ashwaubenon,
Bellevue, Chilton, Manitowoc, Sheboygan, Plymouth, Two Rivers, Outagamie County, Winnebago, Brown County, Fond du Lac County, Sheboygan County,
Waupaca County, Manitowoc County, Kewaunee County, Green Lake County and surrounding areas. If you are in need of a local attorney with extensive
experience in legal representation, whether it be in Brown County, Fond du Lac County or the greater Fox Valley, if you have been arrested for a DUI, OWI,
drug case, domestic abuse, disorderly conduct, white collar crime or are in need of a divorce lawyer or attorney to help represent you in a custody hearing, child
support hearing or personal injury or car accident case, then call your attorneys at Pitsch Law Offices, LLC.
It is important to have a will and trust. We don't like to think about life and death situations, in
fact, thinking of such things is one of the most stressful things a person can face. However, to
protect not only yourself but your family as well, it is important to take the appropriate steps via a
will and trust. That means having an attorney prepare a will and or trust to protect yourself and
your family. Below are some common uses of a will and trust and also some information on what a
will and trust can and cannot do.
fact, thinking of such things is one of the most stressful things a person can face. However, to
protect not only yourself but your family as well, it is important to take the appropriate steps via a
will and trust. That means having an attorney prepare a will and or trust to protect yourself and
your family. Below are some common uses of a will and trust and also some information on what a
will and trust can and cannot do.
1.
What a Will or Trust cannot do:
A.
Reclassify marital property;
2.
Dispose of surviving spouse’s half of marital property.
3.
4.
5.
Transfer assets in co-ownership with right of survivorship.
6.
Transfer assets in payable on death (P.O.D.) arrangement.
B.
Common uses of a Will or Trust.
9.
10.
We offer services in will and trust, will and trust require will and trust to be drafted by will and trust experts. Will and trust is needed so will and trust
need drafting of will and trust by will and trust professional so will and trust writer is correct. Call us for will and trust. Trust us to do your will and trust.
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7.
8.
11.
Transfer government bonds controlled by federal regulation.
Change beneficiaries on life insurance policy, annuity, or employee benefit.
Disinherit surviving spouse and minor children.
Transfer property free of rights of creditors.
Ensure effective gift of parts of body (anatomical gifts).
Ensure transmittal of funeral or burial instructions.
Ensure transmittal of statement of preference for certain lifetime arrangement.
1.
Avoid statutory rules of intestacy:
a.
In absence of a will, all of the probate property of a Wisconsin decedent will pass
under the rules of intestate succession set forth in chapter 852 of the Wisconsin
Statutes.
under the rules of intestate succession set forth in chapter 852 of the Wisconsin
Statutes.
2.
4.
5.
Provide for charitable gifts:
6.
If the client has a charitable intent, a will or trust can be used to make the charitable
gift.
gift.
9.
10.
7.
8.
11.
If a client makes a gift to charity during his or her lifetime, the value of the gift is
removed from the client’s estate for tax purposes and the client receives an immediate
income tax deduction.
removed from the client’s estate for tax purposes and the client receives an immediate
income tax deduction.
Designate personal representative, trustee
Nominate guardian:
Decrease expense and time of probate.
Create structure for planned disclaimers.
Create trust for minors.
Create trust for aged.
b.
3.
Plan disposition of marital property assets.
Divide assets among spouses’ relative.
Diminish effect of simultaneous deaths and multiple sequential deaths:
a.
If spouses die within 120 hours of one another, 50% of their marital property
(including survivorship marital property) passes as if the husband survives the wife
and 50% passes as if the wife survived the husband.
(including survivorship marital property) passes as if the husband survives the wife
and 50% passes as if the wife survived the husband.
The 120-hour survival requirement may be modified by a governing instrument
including a will or a trust.
including a will or a trust.
b.
a.
Reasons for nominating guardian by will:
Designate person or persons who will raise children in manner or under
circumstances acceptable to parents.
circumstances acceptable to parents.
(1)
Designate different persons as guardian of person and guardian of estate of minor
child.
child.
(2)
Exclude a particular relative from consideration.
(3)
Avoid family conflict over guardianship.
(4)
12.
Create trust for disabled persons.
13.
Save death taxes.
For more information on wills, trusts and estate planning and for what we can do for you, please
contact us for your free consultation.
contact us for your free consultation.
a.
| The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation |
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