Estate Planning FAQ

Do I need to spend down all of my assets to qualify for Medicaid?

If you're approaching retirement, or just received news about a new medical need, you might be wondering how you'll afford long-term care if needed. Do you need to liquidate all of your assets before you can qualify for Medicaid? Watch the video to learn more.

Am I too young to think about estate planning?

You're young, in the middle of your career, or busy raising your family. But that doesn' mean that you shouldn't make an estate plan. In fact, you should. You've worked hard to build your life, now it's time to protect it so you can continue to live each day to it's fullest.

Do I need more than a will?

When people think of estate planning, they usually think "I need a will." But is a will is actually very limited in what it can do. Watch the video to learn more.

Will my ex get my children's inheritance if I die?

If you're a single parent, you might be leaving a lot of money to your ex if something happens to you. Watch the video to learn why and what to do instead.

Can I name a guardian for my child if I'm a single parent?

Naming a guardian to step in and care for your child if you can't is so important. If you're a single parent, you can still make a nomination for your child, with or without the other parent.

What is probate?

Probate is the court process for moving assets out of your estate to your heirs or beneficiaries after you've passed away. Probate happens if you pass away with a will or without another estate planning option in place. Watch the video for more details.

What is a trust? Do I need a trust or a will?

A trust and a will are similar documents that pass on your assets to your heirs and beneficiaries. But a will and trust work differently. A major difference is that a will requires a public court process, whereas a trust is private.

What is a will and how does it work?

A will is a set of instructions left by you explaining how you want your assets divided after your death. But, a will doesn't cover all types of assets, and a will always requires a probate court proceeding. Watch the video to learn more.

AS FEATURED IN

avvo
legalzoom
justia
Parade
Milwaukee Bar Association
personal family lawyer

Trinkl Estate Planning, S.C.

PO Box 70542 Milwaukee, Wisconsin 53207

E: info@trinklplanning.com P: 414-502-7712

Business Hours

Monday to Friday 8:30 am - 4:30 pm

Other meeting times available by appointment