Probate
Loberg Law Office, LLP is experienced in legal services that involve the transfer of assets and properties to heirs and designated beneficiaries. Estate distribution may go through probate. But because our Wisconsin attorneys understand how complex and time-consuming it can be, we provide estate planning and administration services that help you avoid the legal complications of the probate process.
Protect the interests of your heirs and beneficiaries with our probate-related services.
Our Legal Planning Services Consider Probate and How to Avoid It
The probate process usually takes months to settle. It may even take a year.
Immediate family members may be granted short-term support funds during the proceedings.
We will explore alternatives which can eliminate probate, including a trust, a transfer on death (TOD) deed, a payable on death (POD) bank account. Alternatively, you may make the most of beneficiary designations on life insurance policies and investments so that they are not included in the probate process.
Another option is to create a revocable trust. However, a trust is not advisable for all people. We will give you an honest assessment that determines whether you need a trust or if other techniques, like TOD deeds, are more suitable.
Proceedings will vary, but here’s how it typically works:
- The Personal Representative of estate will goes to the local probate court to prove the validity of the will.
- The executor gives the court a list of your property, debts, and designated inheritors.
- The executor secures and manages all of your assets as the process gets underway.
- The executor may sell real estate or other property depending on your will and, if any, your debt.
- After the court grants them permission, the executor pays debts and taxes, and divides the remaining assets and property among your designated individuals and organizations.
Choose an Attorney that Protects Your Interests
Our experienced attorneys protect the interests of your heirs and intended beneficiaries. We make sure your assets are distributed the way you want them to be through a mix of strategies, giving you peace of mind.