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A Will is a document which expresses one’s “testamentary intent.” In simple terms, a Will sets forth how one wishes to leave his or her property, and on what terms, upon death.
A Trust is a contract that usually sets forth who will manage one’s assets, how bills are to be paid, and how distribution of one’s property is to take place upon death to your beneficiaries.
The Durable Power of Attorney is a simple and reliable way to arrange for someone you trust to care for your finances given a scenario where you are incapacitated.
A HIPAA release form allows a trusted individual of your choice to obtain your medical information from a health care provider. Without filing a HIPAA release form, your health care provider will be unable to provide your medical information to anyone, even your spouse or close family.
A Healthcare Power of Attorney allows you to choose someone that you trust to make healthcare decisions for you given a scenario in which you are incapacitated.
A Living Will ensures that your physicians respect your wishes, by outlining your wishes regarding medical treatment at the end of your life.
Estate Planning is the process of arranging and managing your assets, property, and financial affairs during your lifetime and beyond. It involves making a comprehensive plan to minimize taxes, manage your assets, and provide for your loved ones after you pass away. Estate Planning is not only about distributing assets; it also encompasses decisions related to healthcare, guardianship for minor children, and other important matters.
No two Estate Planning issues are exactly the same! We make sure to plan your estate with the upmost care. Our attorneys deliver responsive, professional and committed representation to plan the future of your estate. We have built our reputation on delivering personalized services that are designed to meet unique needs.
An estate plan isn’t about the money… it’s about making sure you protect what’s most important to you: your family, your children, or your charities. Make sure you are doing what you can to ensure your final wishes are carried out exactly as you want. Many think Estate Planning is only for the wealthy, when in fact, everyone should consider some form of Estate Planning. Just as important as it is to plan your finances, emphasis should also be given to planning your Estate.
A solid Estate Strategy is composed of two main parts:
Konstantakis Law Office, LLC can ensure that these crucial strategy elements are executed to protect what is important to you.
At Konstantakis Law Office, LLC it is our fiduciary duty and honor to plan and care for your estate. As your legal representative, we will prepare crucial documents that will accurately reflect your testamentary wishes and protect your family’s future.
We will use our knowledge of Wisconsin law to protect your assets until they are distributed to heirs of your choosing. This can take the form of deciding allotments of money, real estate, and securities owned by the decedent.
Our firm will also determine whether probate court proceedings are needed. While some clients’ assets are non-probatable, it is important to have an experienced attorney capable of streamlining the probate process. Seeking expert legal advice and establishing an estate plan is essential to ensuring you and your family are prepared for the unexpected.
This is known as dying “interstate.” Everything you have owned such as your property, will be sent to a probate court where it will be distributed. The court will follow the “interstate succession” laws, in order to appropriately distribute your possessions.
This is when you would grant certain legal decisions and rights to another person. This can be helpful in circumstances in which you are not able to make your decisions for yourself.
Having a living trust doesn’t necessarily mean you don’t need a will. A will can complement your living trust by addressing certain matters that the trust might not cover. It’s important to work with an experienced Estate Planning attorney to ensure that your estate plan is comprehensive and tailored to your specific needs and wishes.
The probate procedure encompasses the following steps:
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