Estate planning can be a daunting task. Creating an estate plan requires both a clear sense of how you want to handle your affairs during life and after death, plus a thorough knowledge of the laws that govern property and wealth transfers. It also can be an emotional process to make decisions about who should manage your assets and how those assets will be passed on to future generations. However, with the right guidance from experienced attorneys, you can create an estate plan that meets your goals and protects your family’s financial security for years to come.
At Krause Estate Planning & Elder Law Center, we understand the importance of carefully crafting an estate plan that aligns with your personal wishes as well as applicable legal constraints. Our Brookfield, WI estate planning attorneys have decades of experience working with clients to create unique solutions tailored to their individual needs. Whether you are looking to create a will, trust, or other estate planning vehicle for the first time or you would like to update an existing estate plan, our attorneys can provide the personalized attention and counsel necessary to help you secure your future.
In addition to drafting wills and trusts, we also offer a full range of estate planning services, including:
- Advance Directives/Living Wills
- Powers of Attorney
- Special Needs Trusts and Irrevocable Life Insurance Trusts (ILITs)
- Charitable Giving Plans
No matter your situation or the size of your estate, our experienced attorneys can provide you with the comprehensive services you need to ensure that your assets are managed and distributed according to your wishes. We understand that estate planning is about more than just managing property and money—it is also about protecting your family, safeguarding their financial future, and maintaining control over who makes decisions regarding your care if you become incapacitated. Our goal is to help you create an estate plan that meets your goals and gives you peace of mind.
If you have questions about creating an estate plan, contact us at (608) 344-5491 or fill out our online form to schedule a confidential consultation with one of our experienced Brookfield, WI estate planning attorneys.
The Importance of Having an Estate Plan
An estate plan is crucial to ensure that your assets and wealth are distributed according to your wishes upon your death. Without a comprehensive estate plan, your estate may be subject to intestacy laws, which could result in your assets being distributed in a manner that does not align with your preferences. Furthermore, a lack of a proper estate plan may lead to unnecessary legal disputes and conflict among your heirs. An estate plan provides clear instructions about asset distribution, reduces the potential for family disputes, and ensures that your legacy is carried out as you desire.
In addition to wealth and asset distribution, an estate plan is essential for making advanced healthcare decisions. Through living wills and healthcare powers of attorney, you can dictate your wishes regarding life-saving treatments and end-of-life care. This eliminates guesswork for your loved ones during a difficult time and ensures that your medical preferences are honored. Moreover, you can appoint a trusted individual to make healthcare decisions on your behalf if you become incapacitated.
Estate planning can also have significant tax implications. A well-crafted estate plan can significantly reduce or even eliminate the estate tax that your heirs may have to pay. By utilizing strategies such as trusts, gifting, and other wealth transfer methods, an experienced estate planning attorney can help you minimize the tax burden on your estate and maximize the assets passed on to your beneficiaries. Thus, estate planning is not only about ensuring the smooth transition of your assets, but it is also about financial planning and wealth preservation for future generations.
Estate planning may seem like a daunting task, especially when dealing with emotionally difficult decisions and complex legal proceedings. However, it's essential to understand that estate planning is not solely about wealth distribution. It's also about ensuring your wishes regarding your health care and personal possessions are respected even when you're unable to express them yourself.
At Krause Estate Planning & Elder Law Center, our Brookfield, WI estate planning attorneys are dedicated to providing comprehensive and personalized services tailored to your individual needs and goals. We understand the importance of creating an effective estate plan that preserves your legacy for years to come.
Our Approach to Comprehensive Estate Planning
At Krause Estate Planning & Elder Law Center, we are committed to providing the highest level of personalized and attentive service. We strive to be a trusted partner for our clients throughout every step of the estate planning process. Whether you are creating an estate plan for the first time or need assistance updating an existing one, our attorneys can use their extensive experience and knowledge to craft a solution that meets your goals.
Our approach to estate planning is based on three core principles:
- Compassion - Our attorneys understand the importance of creating an estate plan that honors your wishes and respects your family’s legacy. We take the time to get to know our clients, their families, and their specific needs in order to develop the right estate plan.
- Knowledge - Our Brookfield, WI estate planning attorneys have decades of experience and are well-versed in all aspects of wealth transfer law. We stay up-to-date on the latest changes in tax and other laws that affect our clients’ estates, so we can provide you with informed advice throughout the entire estate planning process.
- Integrity - We take pride in our commitment to providing the highest standard of service and value for our clients. We are dedicated to upholding the highest ethical standards while ensuring that all legal requirements are met.
With over 20 years of estate planning experience, our founder Dan Krause has helped thousands of clients feel better about their future through comprehensive and effective estate plans. He is also a Board-Certified Estate Planning Law Specialist, one of only eight such specialists in Wisconsin.
At Krause Estate Planning & Elder Law Center, we understand the importance of a comprehensive estate plan that meets your goals and preserves your legacy for future generations. We take great pride in our stellar reputation for steadfast service and loyalty to our clients through both the good times and the challenges of aging and disability. Our team is committed to helping you create an effective estate plan that meets your needs and protects your family’s financial security for years to come.
If you need assistance creating or updating an estate plan, contact us online or call us at (608) 344-5491 to schedule a confidential consultation with one of our experienced Brookfield, WI estate planning attorneys.
He is easy to work with and provides excellent advice. His staff is very personable and helpful as well.Ronald
Absolutely highly recommend Krause Estate Planning for helping us to create a solid living trust.Roger
He was able to guide us through this process with a thorough understanding of what decisions we needed to make to create clear directives for our family to follow if needed.Victoria
Pursuit of Excellence