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Take time to think about what you want to happen in case of death or incapacity and start to document your assets.
You can have a will and a trust simultaneously, using a trust to avoid tax burdens on investments in the will. Choosing to have both can protect your beneficiaries from future lawsuits, protect the assets you leave them, and help ensure your loved ones receive the money you want them to have. Typically, wills are less expensive in the short term but trust often are in the long run.
CHOOSE YOUR EXECUTOR CAREFULLY
An executor is responsible for making financial decisions after you die. It is essential to pick someone you trust to administrate objectively. An estate plan is essential for taking care of loved ones and, with planning, it can be executed smoothly.
When you contact our Milwaukee area law firm, your case will be treated like a unique request for assistance.