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BUILD A STRONG FOUNDATION

PLAN YOUR ESTATE

TAKE A PROACTIVE APPROACH TO ESTATE PLANNING

In your family, you’re the one people go to for guidance. You have the clear vision and compassion that friends and loved ones value. So what happens if something happens to you?

 

Ensure that your affairs are handled the way you see fit by doing effective estate planning now with the Gage-Michaels Law Firm.

You may already know that estate planning includes drafting a will that determines how your finances are handled when you pass away, but effective planning includes so much more than money.

 

You can form trusts to ensure your finances are handled well both before and after your death. You can choose a trusted friend or family member who will make health and financial decisions on your behalf if you become incapacitated. 

Taking the time to draft well-crafted documents with your attorney today will help ensure that your designations or will are not challenged in court. Most importantly, you can rest assured that your wishes will be the guiding force for your future.  

67%

OF PEOPLE
ARE CONCERNED ABOUT THEIR FAMILY'S LONG-TERM FINANCIAL WELLBEING

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AVOID ESTATE PLANNING MISTAKES

Attorney Andrea Gage-Michaels can ensure your plan is updated and implemented fairly. 

Questions about Estate Planning?

What can an Estate Planning Attorney help me with?


An Estate Planning Attorney can ensure that your wishes are followed if you become incapacitated or die. The estate planning process can involve deeply personal decisions that require legal arrangements to execute them properly. The assistance of an attorney can help you avoid someone challenging those wishes in court after your death. In addition to drafting your will helping prevent people from contesting it, estate planning attorneys can manage trusts, determine the distribution of your assets, and minimize taxes for your estate and beneficiaries. As part of the estate planning process, you will need to share personal, confidential information with your lawyer. Make sure to find a kind, compassionate attorney who helps you feel both comfortable and confident in your decisions.




Can I change my trust once I create one?


A trust is a written document that names someone to be responsible for managing property for the benefit of others. A revocable trust, or living trust, can be created by a client while they are alive, and can be changed by the client at any time for any reason, as long as the client has the mental capacity to do so. An irrevocable trust cannot be changed by the client, referred to as the settlor or grantor in the trust document. There are different advantages to revocable and irrevocable trusts, so it’s important to review your options with an estate planning attorney.




What is the difference between elder law and estate planning?


If you become incapacitated or die, the only way to ensure that matters involving your health care, finances and property are handled according to your wishes is through effective estate planning. A will is a written document that allows you to designate:

  • Who will receive your estate after you die
  • Who will raise your children if you die while they're still minors, and your spouse is unavailable to care for them
  • Whether your beneficiaries receive their inheritance outright or in a trust
  • Who will serve as your personal representative – that is, the person who will pay your bills and taxes and distribute the rest of your estate to your beneficiaries
Courtesy: State Bar of Wisconsin: Wills/Estate Planning: Answering Your Legal Questions