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What is the Best Business Entity for Owning Rental Real Estate Property?
Attorney Thomas B. Burton discussing buying rental property and gives some ideas on one popular business entity for owning rental...
Thomas B. Burton
Dec 27, 20171 min read


Tax Reform Update--Estate Tax Exemption Levels for 2018 and Beyond
Attorney Thomas B. Burton discusses the recent tax reform bill passed by Congress, explains how this bill impacts estate and gift taxes...
Thomas B. Burton
Dec 26, 20171 min read


Do I Have to Name the Same Health Care Agent as My Spouse?
Attorney Thomas B. Burton discusses how you can name someone to act as your Agent under a Health Care Power of Attorney document and also...
Thomas B. Burton
Dec 18, 20171 min read


What Assets Should I Put Into My Revocable Living Trust?
In this post I discuss which assets you should put into your Revocable Living Trust and which assets should be left outside the trust for...
Thomas B. Burton
Dec 14, 20171 min read


Why Your Power of Attorney for Finances 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....
Thomas B. Burton
Dec 10, 20171 min read


Charitable Giving? Consider Highly Appreciated Assets
Wisconsin Attorney Thomas B. Burton discusses charitable giving and why you might want to consider gifting highly appreciated assets vs....
Thomas B. Burton
Dec 9, 20171 min read


What is a Wisconsin Quit Claim Deed?
In this post I explain what a Wisconsin Quit Claim Deed does and how it differs from a Warranty Deed. I also discussed some of the uses...
Thomas B. Burton
Dec 8, 20171 min read


What is an LLC?
In this post I explain what an LLC is, and I also discuss how the use of this corporate structure can be very useful in separating your...
Thomas B. Burton
Dec 6, 20171 min read


How Much Can I Give Away This Year Without Paying Gift Tax?
Attorney Thomas B. Burton explains how much each person can give away in 2017 without paying federal gift tax and explains what the new...
Thomas B. Burton
Dec 4, 20171 min read


What are the Top 3 Reasons to Form a Revocable Living Trust?
Check out my new video blog post discussing the Top 3 Reasons for forming a Revocable Living Trust. If you have questions or suggestions...
Thomas B. Burton
Nov 28, 20171 min read


What is the One Document Every Person Over Age 18 Should Have?
Check out my video post discussing the one document that every adult (anyone over the age of 18) should have. The answer may surprise...
Thomas B. Burton
Nov 21, 20171 min read


What is a Revocable Living Trust?
Check out my new video discussing Revocable Living Trusts and how they function as part of a comprehensive estate plan. If you have a...
Thomas B. Burton
Nov 19, 20171 min read


What Does my Spouse Get When I Die? (or: What Does Wisconsin State Law Say About My Surviving Spouse
Wis. Stat. 861.01 Ownership of marital property at death. (1) Surviving spouse's one-half interest in marital property. Upon the death...
Thomas B. Burton
Oct 21, 20172 min read


Subscribe and Receive a Free "Trust vs. Will" Decision Making Guide
Subscribe to my blog and email updates and receive a free "Trust vs. Will" decision making guide. I created this one page guide as a...
Thomas B. Burton
Feb 1, 20171 min read


6 Surprising Facts About Revocable Living Trusts
Did you know that forming a Revocable Living Trust can save you many months of probate proceedings and potentially thousands in probate...
Thomas B. Burton
Jan 26, 20171 min read


2 Reasons Why Every Parent Should Have a Will
1. Nominate a Guardian for Minor Children For parents of minor children, your will can be used to nominate a “Guardian” for your...
Thomas B. Burton
Dec 4, 20164 min read


Choosing Your Small Business Structure
I attended the 1st Annual Entrepreneurs' Conference put on by the Eau Claire Area Chamber of Commerce this past Tuesday at the Florian...
Thomas B. Burton
Nov 19, 20162 min read


President-Elect Trump's Tax Plan and Your Taxes
Now that Donald J. Trump has won the presidential election, it makes sense to tune in to his proposals for tax reform. With Republicans...
Thomas B. Burton
Nov 14, 20161 min read


Owning a Cabin "Up North"
I read a great piece about owning a cabin written by a Minnesota Attorney, David J. Meyers, called "Lake Law 101 - Or: So you Want to Own...
Thomas B. Burton
May 20, 20161 min read


Prince's Death Illustrates Importance of Having a Will
Many of you will be familiar with the artist named Prince, who died recently at his Paisley Park Recording Studio in Chanhassen,...
Thomas B. Burton
May 9, 20161 min read
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