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5217 S 51st St, Greenfield, WI 53220

Georgia Konstantakis, Estate lawyer

Wisconsin Trusts Lawyer

Looking to create a trust in Wisconsin?

  • 28 Years of Experience
  • Attorneys that practice exclusively creating new and amending Trusts
  • We can help with:
    • Creating your Trust
    • Guiding Trustees on their duties to the Trust
    • Managing Trust assets and distributions
    • Administering living Trusts
  • Familiarity with a variety of unique Trust scenarios
Call us today!

Why should I create a trust in Milwaukee?

Milwaukee-based Attorney Konstantakis protects her client’s future

  • Asset Distribution Decided by YOU: Attorney Konstantakis can help you create a  personal and individualized plan for how to distribute your assets according to YOUR wishes.
  • Minimization of Estate Taxes: Creating a Trust is a great way to minimize the impact of estate taxes on your assets, allowing you to preserve more wealth for your heirs.
  • Planning for Incapacity: Attorney Konstantakis includes provisions in your Trust for managing your assets in the event of incapacity, providing a seamless transition of control without court intervention. 
  • Included in 10 pack: The Declaration of Trust is included in Attorney Konstantakis’ 10 Pack Estate Planning Package seen on the pricing page. The Will + Trust Package is the most popular as many people see the benefit of having both a will and a trust.

Our Expertise

We specialize in probate and estate administration. Schedule a consultation with attorney Konstantakis for all of your trust needs!


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What should I Know before making an appointment for a trust in Milwaukee?

Types of Trusts

Each type of Trust serves a different purpose. The most common types of Trusts include revocable living Trusts and irrevocable Trusts. A revocable Trust allows you to make changes to the Trust during your lifetime, while irrevocable Trusts typically cannot be altered without the consent of the beneficiaries.

Funding the Trust

A Trust is funded by transferring assets into it. Without transferring assets into the Trust, the Trust might not be able to serve its intended purpose. This collection of assets can include cash, real estate, intellectual property rights, investments, and anything that has monetary value.

Selecting a Successor Trustee

A successor trustee is the person or entity responsible for managing the Trust after the grantor’s incapacity or death. You should select someone trustworthy and capable to be your successor trustee.

Designating a Beneficiary

Your Trust will involve specifying the beneficiaries of the Trust and their respective shares. Clients will need to consider carefully what their wishes are for the assets in the Trust to avoid potential conflicts.

Tax Implications

Trusts can have tax implications during the grantor’s lifetime or upon distribution to beneficiaries.
Clients’ Trusts with significant assets can also play a role in estate tax planning. Attorney
Konstantakis helps clients understand the role taxes play in their Trust.

Legal Costs

Attorney Konstantakis is upfront with her fees and costs. For more information on how the costs of Trusts work, visit our

estate planning packages page.

Check out our related blog post:

trusts vs wills in Milwaukee

For most people it is important to have both a will and a trust to ensure that all parts of your estate are accounted for. Wills and trusts serve different purposes, go through the probate process differently, and allow for different kinds of control with different goals. Therefore, it is important to consult an experienced attorney for the right plan for you. See our page on wills for more information.

Trusts:

  1. Purpose: Trusts hold assets for the benefit of beneficiaries according to your instructions. Trusts are generally more complex and allow for more complex goals.
  2. Probate: Assets held in a trust generally avoid probate, which can save time and costs.
  3. Privacy: Trusts typically remain private documents, unlike wills.
  4. Control: You can specify how and when assets are distributed (e.g., only after certain conditions are met, such as child turning a certain age).
  5. Specialized Goals: Trusts can be used for specific purposes like charitable giving or managing assets for minor children.

Wills:

    1. Purpose: Wills specify how your assets should be distributed after your death. Wills are typically less complex and some goals would require a trust.
    2. Probate: A will typically goes through probate, which is a court-supervised process of validating the will and distributing assets. Having a will makes probate significantly easier, but does not avoid the process like trusts do.
    3. Privacy: Wills become public record once they go through probate.
    4. Control: You name an executor in your will, who manages your estate through probate.
    5. Specialized goals: You can also use a will to appoint a guardian for minor children.

When should I consider to not use a trust?

For the majority of the time it is always recommended to have a trust established. However in some circumstances if the estates value is less than $50,000 across all assets, you can potentially look into a small estate affidavit. This does not mean we do not recommend a trust but can be something to consider when working with your estate planning attorney.

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Konstantakis Law office, LLC

5217 SOUTH 51ST STREET, GREENFIELD, WISCONSIN 53220, UNITED STATES

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