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Q&A Series: Why Would Anyone Use an Irrevocable Trust as Part of Their Estate Plan?
#IrrevocableTrust #IrrevocableMedicaidTrust #TrustPlanning #QASeries #MedicaidPlanning #WisconsinAttorney #WisconsinEstatePlanning
Thomas B. Burton
Sep 25, 20181 min read
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Why You Shouldn't Deed Your Home to Your Children
Attorney Thomas B. Burton discusses some of the pitfalls to transferring your home to your children during your lifetime. Attorney Burton...
Thomas B. Burton
Aug 29, 20182 min read
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What is The Minimum Amount of Assets Needed to Form a Trust in Wisconsin?
Attorney Thomas B. Burton answers the question about what minimum amount of assets are needed in order to form a Revocable Living Trust...
Thomas B. Burton
Aug 9, 20182 min read
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Can I Transfer My Home Into My Revocable Living Trust If I Have a Mortgage on the Property?
Attorney Thomas B. Burton discusses how to transfer a property with a mortgage into a Revocable Living Trust and also discusses a federal...
Thomas B. Burton
Aug 2, 20182 min read
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What is the Best Way to Leave the Family Cabin To the Next Generation
Attorney Thomas B. Burton discusses estate planning techniques for leaving the family cabin or cottage to your children or heirs in...
Thomas B. Burton
Jun 20, 20182 min read
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Pros and Cons of Using a Transfer on Death (TOD) Deed in Wisconsin
Attorney Thomas B. Burton discusses some of the pros and cons of using a Transfer on Death ("TOD") Deed as part of your estate plan....
Thomas B. Burton
Jun 5, 20182 min read
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Reasons Why You Might Want Your Estate to Go Through Probate
Attorney Thomas B. Burton discusses some specific situations where you might want your estate to go through Probate and receive court...
Thomas B. Burton
Apr 12, 20182 min read
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How Many Wills Can You Have at One Time?
Attorney Thomas B. Burton discusses how many Wills you can have at one time and what you should do with any old Wills you may have after...
Thomas B. Burton
Apr 9, 20181 min read
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What Do I Do if My Backup Trustee Dies Before Me?
Attorney Thomas B. Burton discusses the situation where someone named as a backup trustee in a Revocable Living Trust dies before the...
Thomas B. Burton
Apr 4, 20182 min read
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When Does A Revocable Living Trust Become Irrevocable?
Attorney Thomas B. Burton discusses how you can amend or change a Revocable Living Trust and also explains the point at which the Trust...
Thomas B. Burton
Mar 27, 20181 min read
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How Much Money Do I Need to Form a Revocable Living Trust in Wisconsin?
Attorney Thomas B. Burton discusses the minimum amount of money necessary to form a Revocable Living Trust in Wisconsin. For questions...
Thomas B. Burton
Mar 12, 20182 min read
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How Many Trustees Can I Name for My Revocable Living Trust?
Attorney Thomas B. Burton discusses how many trustees you can name as Trustee of your Revocable Living Trust and discusses some of the...
Thomas B. Burton
Mar 7, 20182 min read
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What is a Financial Power of Attorney and Why Should I Have One?
Attorney Thomas B. Burton explains what a Financial Power of Attorney Document is used for and why it is important to have one as part of...
Thomas B. Burton
Feb 24, 20181 min read
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How Do I Revoke My Old Will?
Wisconsin Attorney Thomas B. Burton discusses the best way to revoke your old Will after your new Will has been executed. For questions...
Thomas B. Burton
Feb 23, 20181 min read
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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...
Thomas B. Burton
Jan 22, 20181 min read
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If I Have Life Insurance Do I Still Need an Estate Plan?
Attorney Thomas B. Burton discusses how life insurance works as part of your estate planning and discusses why a comprehensive estate...
Thomas B. Burton
Jan 17, 20181 min read
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Why Executing a Will Won't Avoid Probate
Attorney Thomas B. Burton explains why drafting and executing a Will alone is not enough to avoid probate for your estate (the court...
Thomas B. Burton
Jan 12, 20181 min read
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3 Plans for your Estate--No Plan, Will Plan, and Probate Avoidance (Trust Plan)
Attorney Thomas B. Burton explains the three basic levels of planning for your estate, which he calls (1) No Plan, (2) Will Plan, and (3)...
Thomas B. Burton
Jan 10, 20181 min read
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What is the Personal Representative's Statutory Fee Under Wisconsin Law?
Attorney Thomas B. Burton explains what percentage of your estate your Personal Representative (the person in charge of administering...
Thomas B. Burton
Jan 8, 20181 min read
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2018 Tax Reform--No Changes to New Basis at Death for Capital Gains Tax
Attorney Thomas B. Burton explains some of the recent changes to estate, and gift taxes due to the tax reform passed by Congress at the...
Thomas B. Burton
Jan 3, 20181 min read
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