Caroline Estate Lawyer, Wisconsin

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Don R. Herrling

Wills & Probate, Estate Planning, Family Law, Elder Law
Status:  In Good Standing           

FREE CONSULTATION 

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Roger W. Clark

Personal Injury, Divorce & Family Law, Estate Planning, Business
Status:  In Good Standing           

FREE CONSULTATION 

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Michael R. McCanna

Arbitration, Corporate, Environmental Law, Estate Planning
Status:  In Good Standing           

James E. Aschenbrener

Estate Planning, Wills & Probate, Real Estate, Business, Elder Law
Status:  In Good Standing           Licensed:  35 Years

Robert N. Forseth

Real Estate, Estate, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  12 Years

Steven D. Shambeau

Commercial Real Estate, Corporate, Family Law, Estate Planning
Status:  In Good Standing           Licensed:  49 Years

Robert E. Sorenson

Real Estate, Trusts, Estate, Business
Status:  In Good Standing           

Richard E. Bollenbeck

Estate Planning, Family Law, DUI-DWI, Criminal
Status:  In Good Standing           Licensed:  40 Years

Michael R. McCanna

Arbitration, Corporate, Environmental Law, Estate Planning
Status:  Inactive           Licensed:  50 Years

Michael J. Lauterbach

Power of Attorney, Litigation, Estate Planning, Civil & Human Rights, Business
Status:  In Good Standing           Licensed:  18 Years

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LEGAL TERMS

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)
A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)
Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.