#WisconsinEstatePlanningforSeniors

Q&A Series: Will My Long Term Care Policy Be Negated if I Move Into an Assisted Living Facility?

Sep 7, 2018
1 min

Q&A Series: Will My Long Term Care Policy Be Negated if I Move Into an Assisted Living Facility?

This is not legal advice nor intended to create an attorney-client relationship. The information provided here is informational in nature only. You should seek a consultation with a licensed attorney in your area if you seek a complete review and discussion of your situation. #LongTermCareInsurance #MedicaidPlanning #MedicaidAssistance #AssistedLiving #WisconsinLawyer #WisconsinEstatePlanningforSeniors

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What You Should Know About Long Term Capital Gains Tax and New Basis At Death

Thomas B. Burton

Sep 5, 2018
2 min

What You Should Know About Long Term Capital Gains Tax and New Basis At Death

Attorney Thomas B. Burton explains how you get one shot at new basis at death and why it is wise to not waste this opportunity to save on capital gains tax for your heirs when planning your estate plan disposition for highly appreciated items. Transcript of Video: What You Should Know About Long Term Capital Gains Tax and New Basis At Death What is new basis at death or a step-up in basis at death this is a very important concept for your estate planning and one that many pe

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Q&A Series: How Does Sale of Property Work When There is a Life Estate Reserved to Father in Nur

Thomas B. Burton

Aug 14, 2018
2 min

Q&A Series: How Does Sale of Property Work When There is a Life Estate Reserved to Father in Nur

Below is a recent question I responded to regarding using life estates in Medicaid planning, and how the sale of the proceeds is divided when the person holding the life estate is still alive. Consumer Question: When a warranty deed indicates "this conveyance reserves a life state for the grantors" (parents)how does sale of property work? My parents 2006 estate planning included deeding their home to us 6 children via warranty deed with the idea that they would continue to li

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Top 3 Reasons to Form a Revocable Living Trust

Thomas B. Burton

Jul 2, 2018
2 min

Top 3 Reasons to Form a Revocable Living Trust

Attorney Thomas B. Burton discusses the top 3 reasons many people choose to use a Revocable Living Trust as part of their estate plan. Wondering whether a Will or a Trust is right for you? Click here to obtain my Free Will vs. Trust Estate Planning Guide to help you in your decision making process. Transcript of Video: Top 3 Reasons to Form a Revocable Living Trust Today's topic: What are the three main reasons to form a revocable living trust? First, avoidance of probate. Pr

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Why You Should Consider a Standalone HIPAA Release

Thomas B. Burton

Mar 22, 2018
2 min

Why You Should Consider a Standalone HIPAA Release

Attorney Thomas B. Burton explains how a standalone HIPAA release can be very useful as part of your comprehensive estate plan. For questions about this topic, or to suggest a topic for a future blog post, please contact my office. Click here to obtain my Free One Page Will vs. Trust Estate Planning Guide. Transcript of Video: Why You Should Consider a Standalone HIPAA Release Today's question why should I consider a standalone HIPPA release as part of my estate plan a HIPPA

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Why Your Power of Attorney for Finances Document Dies With You

Thomas B. Burton

Mar 19, 2018
2 min

Why Your Power of Attorney for Finances Document Dies With You

Attorney Thomas B. Burton explains why your Agent's authority to act under your Financial Power of Attorney document ends at your death. For help with your estate planning, click here to obtain my Free One Page Will vs. Trust Estate Planning Guide. For questions, please contact my office. Transcript of Video: Why Your Financial Power of Attorney Document Dies With You Today's question has to do with the power of attorney for finances document and why does it end after the per

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Do I Have to use the Attorney Who Drafted the Will to Probate the Will?

Thomas B. Burton

Mar 3, 2018
1 min

Do I Have to use the Attorney Who Drafted the Will to Probate the Will?

Attorney Thomas B. Burton discusses why lawyers place their name and firm contact information with the Wills they draft and why your Personal Representative should work with a lawyer with whom they are comfortable when probating a Will. For questions about this topic, or to suggest a topic for a future blog post, please contact my office. Click here to obtain my Free One Page Will vs. Trust Estate Planning Guide. #EstatePlanning #WisconsinLaw #Wills #Probate #EstateAdministra

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What is a Wisconsin Transfer on Death Deed?

Thomas B. Burton

Feb 14, 2018
1 min

What is a Wisconsin Transfer on Death Deed?

Attorney Thomas B. Burton discuses Transfer on Death ("TOD") deeds in Wisconsin and explains how they can be used as part of your estate plan. For questions about this topic, or to suggest a topic for a future blog post, please contact my office. Click here to obtain my Free One Page Will vs. Trust Estate Planning Guide. #deeds #TransferonDeathDeed #WisconsinLaw #WisconsinTransferonDeathDeed #WisconsinRealEstateLaw #WisconsinEstatePlanningforSeniors

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Thomas B. Burton

Feb 7, 2018
1 min

Top 3 Reasons for Avoiding Probate

Attorney Thomas B. Burton discusses the top 3 reasons you should consider avoiding probate for your estate and discusses why many people choose to avoid probate in order to make the disposition of their estate efficient and as pain free as possible for their heirs after their death. For questions about this topic, or to suggest a topic for a future blog post, please contact my office. Click here to obtain my Free One Page Will vs. Trust Estate Planning Guide. #ProbateAvoidanc

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How Much of My Estate Should I Leave to Charity?

Thomas B. Burton

Feb 1, 2018
1 min

How Much of My Estate Should I Leave to Charity?

Wisconsin Attorney Thomas B. Burton discusses how much of your estate you should leave to charity and discusses some of the reasons why you might want to consider charitable giving both during your lifetime and after your death as part of your estate plan. If you have questions about this topic please contact my office. #CharitableGiving #WisconsinEstatePlanningforSeniors #EstateandGiftTaxes #EstateTaxPlanning #WisconsinLaw

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How Do I Fund My Revocable Living Trust?

Thomas B. Burton

Jan 29, 2018
1 min

How Do I Fund My Revocable Living Trust?

Attorney Thomas B. Burton explains what funding your Revocable Living Trust means and why it is important to place assets into the Trust during your life, if you want your trust to be as effective as possible at your death. For questions about this topic, or to suggest a topic for a future blog post, please contact my office. #RevocableLivingTrust #FundingYourTrust #WisconsinEstatePlanningforSeniors #Trusts #ProbateAvoidance

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Why You Might Want to Keep a Wisconsin Revocable Living Trust Formed Before August 1, 2014

Thomas B. Burton

Jan 22, 2018
1 min

Why You Might Want to Keep a Wisconsin Revocable Living Trust Formed Before August 1, 2014

Attorney Thomas B. Burton discusses why you should consider keeping a Revocable Living Trust that was formed before August 1, 2014 for Medicaid planning purposes in the state of Wisconsin. For question about this topic, or to suggest a topic for a future blog post, please contact my office. #RevocableLivingTrust #MedicaidPlanning #WisconsinEstatePlanning #WisconsinEstatePlanningforSeniors #WisconsinEstateRecoveryProgram #ElderLaw #AdvancedEstatePlanning #RevocableLivingTrus

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A Boutique Law Firm Focusing on Estate Planning