Lawsuits can happen to anyone. The most effective defense is a layered plan that starts with basics and adds targeted protections where you face the most risk. Begin with insurance: keep personal and business policies current and sufficient, and read the fine print. For business owners and professionals, this includes revisiting commercial...
Category: Asset Protection
Wisconsin Estate Planning: How to keep your assets out of Probate in Wisconsin?
The core idea is simple: probate only controls assets owned in your name alone at death with no automatic transfer mechanism. To avoid probate, structure ownership so assets pass by contract, titling, or trust instead of through the court.
A revocable living trust is the most comprehensive method. You...
Wisconsin Probate: How do you prepare an Inventory of Assets in a Probate in Wisconsin?
In a Wisconsin probate, the Inventory of Assets is a required filing that lists everything the deceased owned at death that is subject to probate. It’s one of the most important early steps because it establishes the estate’s value, guides how debts get paid, informs beneficiaries, and sets the foundation for distributions....
Wisconsin Probate: How can out of state assets complicate a Wisconsin probate?
Out-of-state assets can significantly complicate a Wisconsin probate because Wisconsin courts generally lack authority to transfer title to real estate located in another state. That jurisdictional limit often forces families to juggle multiple proceedings, added legal costs, and delays which may turning a single estate administration into a multi‑state project.
Wisconsin Estate Planning: How can you prevent your digital assets from being locked-out after death in Wisconsin?
Preventing digital lockouts after death in Wisconsin starts with creating and maintaining a secure, up‑to‑date inventory of your online accounts and access information without putting passwords directly into your will, which can become part of the public record. Keep credentials in a password manager vault, an encrypted document, or a physical list...
Wisconsin Estate Planning: How to Keep Your Assets out of Probate in Wisconsin?
The core idea is simple: probate only controls assets owned in your name alone at death with no automatic transfer mechanism. To avoid probate, structure ownership so assets pass by contract, titling, or trust instead of through the court.
A revocable living trust is the most comprehensive method. You...
Wisconsin Estate Planning: Does a Trust or a Will Better Protect Assets in Wisconsin?
A trust and a will don’t really “compete” on asset protection in Wisconsin—they do different jobs. The better question is what you want to protect against, and during which phase: life, incapacity, or after death. In most Wisconsin estate plans, they work together rather than one replacing the other.
Wisconsin Estate Planning: The Call That Sounded Like a Scam—But Turned Out to Be an Inheritance
You’ve got to hand it to them: You nearly believed them when they said you were a partial owner of land that you inherited but never knew existed. They had names, dates, even a specific plot, supposedly with mineral rights, that you would never have been able to locate on your own....
Wisconsin Estate Planning: Estate Planning Scams: What Seniors Need to Know
Creating an estate plan is an important step in protecting your loved ones and ensuring that your assets are distributed according to your wishes. Unfortunately, scammers know that people who want to safeguard their estates are often willing to act quickly.
Even a carefully drafted estate plan can be...
Why Title of Real Estate Matters in Madison, Wisconsin
Real estate can be owned in several different ways. The form of ownership, or how your property is titled, can determine how much control you have over it, how vulnerable your property is to creditor claims and lawsuits, and what will happen to it at your death.
Individual Ownership