The primary instrument of any estate plan includes the basic Will. This is a legal document that communicates your final wishes pertaining to assets and dependents. This is an individual wish, so each spouse or domestic partner needs to create their own.
There may be a need for someone else to make medical decisions for you if you become incapacitated. The need for the Medical Power of Attorney may be without warning and urgent. So, we supply the link to the state form for your convenience. However, we recommend you seek our assistance with completing AND understanding the form and its powers. The state form may be found at: https://www.dhs.wisconsin.gov/forms/advdirectives/f00085.pdf
The Durable Power of Attorney, often referred to as 'Financial Power of Attorney' or 'Designation of Agent' refers to you authorizing someone else to act on your behalf for financial affairs. One who assigns this power of attorney may be incapacitated or share joint authorization to act. This is part of the basic estate plan that we will discuss at our first conference.
Advanced Directives also referred to as 'Directions to Physicians' or 'Living Will' is a form that allows you to state your wishes if you are not able to live without life support. We will discuss this as part of your basic estate plan upon your first visit.
Survivors are required to answer a number of questions when it comes to your remains. It is an act of love to advise your loved ones on how you would like to your affairs to be handled. This is a conversation that we will have as part of your basic estate plan.
As part of the basic estate plan we will discuss the benefits of the creation of Trusts and Business Succession. We can discern if what is appropriate or advisable for you. If you already have a Trust agreement or a Business Succession plan, we will assist in the transfer of property and management of your Trust or business plan.