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Category: Avoid Probate

Return home Avoid Probate

Category: Avoid Probate

Life Estate versus Right of Occupancy Trust: Which Is Right for You?

Posted on June 9, 2025

Planning for the future of your home can be complicated, especially when you want to ensure that a loved one can continue living there after you are gone. Two common tools for accomplishing this are life estates and right of occupancy trusts. A life estate grants someone the legal right to live...

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How to Give Real Property to a Loved One at Your Death Without Probate Court Involvement

Posted on May 21, 2025

A home is often one of the most important assets that people own. Therefore, most people want to stay in their home until they die and then have a loved one receive it. One common way to pass a home to loved ones is through a will. However, transferring property with a...

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Does Your Revocable Living Trust Reduce Your Federal Estate Tax Bill?

Posted on May 12, 2025

Many believe that once they set up and fund a revocable living trust, property held in the trust will completely avoid federal estate taxes after they die. In reality, a living trust does not provide any unique estate tax avoidance strategies.

The primary mechanisms for reducing estate taxes—the unlimited...

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Whom Do You Trust to Make Your Financial Decisions?

Posted on May 7, 2025

You wake up and check your investments over a cup of coffee. That tech stock you have been eyeing continues to trend upward, so you log in to your online brokerage account and buy some shares.

Later in the day, you get a notice that your mortgage payment has...

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Estate Planning for Collectors and Hobbyists

Posted on May 2, 2025

Americans often prefer to stay busy. When we are not working, many of us turn to hobbies to keep us engaged and productive. We spend hours each day on our hobbies and leisure activities. Over the course of a lifetime, this time adds up to a significant investment.

Our...

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Michael Jackson’s Estate Sells Music to Sony for $600M

Posted on April 14, 2025

Michael Jackson passed away in 2009, but the settling of his estate continues more than 15 years after his death due to a lingering tax dispute with the Internal Revenue Service (IRS) and other legal challenges, including a lawsuit brought by his mother over a deal to sell part of his music...

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Caution: Using a DIY Deed to Avoid Probate Can Lead to Unintended Consequences

Posted on March 31, 2025

One common way to avoid the probate requirement for real estate after the owner dies is to add children or other individuals to the property title as joint owners with rights of survivorship. When joint owners have survivorship rights and one joint owner passes away, the remaining owners automatically receive the entire...

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Will My Revocable Living Trust Avoid Probate? It Depends.

Posted on March 12, 2025

If you have established a revocable living trust (which we will refer to simply as a trust), congratulations! You are on the right track in creating a comprehensive estate plan. However, you are only halfway there. Many people believe that because they took the time to create a trust, their estate will...

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Estate Planning Is About Knowing Your Priorities

Posted on February 3, 2025

Thinking about the world and how our loved ones will fare after we pass away can be very difficult. Although we all know that we will pass away at some point, this is not something most people like to dwell on. However, by proactively planning and prioritizing your goals, you can craft...

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What You Can Learn from the Leno Conservatorship Proceedings

Posted on January 10, 2025

When most people think about creating an estate plan, they usually focus on what will happen when they die. They typically do not consider what their wishes would be if they were alive but unable to manage their own affairs (in other words, if they are alive but incapacitated). In many cases,...

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Return home
608.661.4333
6418 Normandy Lane, Suite 225
Madison, WI 53719
Request Free Estate Planning Consultation
  • HOME
  • HOW WE HELP
    • Estate Planning
    • Estate Planning with Wills
    • Estate Tax Planning
    • Trusts & Estate Planning
    • Estate Planning for High Net Worth Individuals
    • Estate Planning for Non-Traditional Families
    • Probate & Estate Administration
    • Planning for Children
    • Special Needs Planning
    • Pet Trusts
  • WHO WE ARE
    • Bob Nennig, Attorney & Owner
    • Tyler Piddington, Associate Attorney
    • Keleigh Burke, Funding Coordinator
    • Macie Cox, Paralegal
  • WHAT TO EXPECT
  • FAQs
  • TESTIMONIALS
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  • HOME
  • HOW WE HELP
    • Estate Planning
    • Estate Planning with Wills
    • Estate Tax Planning
    • Trusts & Estate Planning
    • Estate Planning for High Net Worth Individuals
    • Estate Planning for Non-Traditional Families
    • Probate & Estate Administration
    • Planning for Children
    • Special Needs Planning
    • Pet Trusts
  • WHO WE ARE
    • Bob Nennig, Attorney & Owner
    • Tyler Piddington, Associate Attorney
    • Keleigh Burke, Funding Coordinator
    • Macie Cox, Paralegal
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