In Wisconsin, amazingly all you have to be worth to have to go to Probate is over $50,000. If you die owning assets in your own name and there is no beneficiary listed on that asset to receive it at your death, your estate must go through the death probate process. This process is done through the probate court and on average takes 9 to 24 months to complete. At a minimum it will take 3 months just because there is a legal requirement to give your creditors at least 3 months to file a claim against your estate. This is done through the “Notice to Creditors” document and must be published in the newspaper. There are some things you can do to avoid the probate process. Call me to schedule your free, no obligation appointment to discuss your options. We have offices near Madison and in Baraboo. Call (800) 431-9776 or email me at Michelle@kh-law.net to take the next step. Many people want to avoid the death probate due to the costs involved in this process but even more importantly to make it as easy as possible for those that you love and are leaving behind to deal with a very difficult situation.
- Tax Planning for 2023 - January 25, 2023
- The Importance of Having an Estate Plan - January 11, 2023
- Understanding Undue Influence – Part II - December 19, 2022
By Appointment Only
All Mail Should be Directed to the Middleton Address