Larry Liebzeit
Your tomorrow is never guaranteed.  Get Estate Planning HELP today!
Call (920) 739-6307
Larry Liebzeit
Tomorrow is not guaranteed.  Get Estate Planning HELP today!
Call (920) 739-6307
Your tomorrow is never guaranteed.  Get Estate Planning HELP today!
Call (920) 739-6307
Larry Liebzeit

WITH OVER 40 YEARS HELPING FAMILIES PLAN, GIVE YOUR FAMILY THE GIFT OF PEACE OF MIND

WITH OVER 40 YEARS HELPING FAMILIES PLAN, GIVE YOUR FAMILY THE GIFT OF PEACE OF MIND

WITH OVER 40 YEARS HELPING FAMILIES PLAN, GIVE YOUR FAMILY THE GIFT OF PEACE OF MIND

Your tomorrow is never guaranteed.  Get Estate Planning HELP today!
Call (920) 739-6307

Lisa P. from Appleton

“I wouldn’t hesitate for a moment to recommend Larry to anyone with real estate or probate questions. He is knowledgeable, efficient and trustworthy and has my complete confidence.

Larry has helped me several times with real estate and probate transactions. When my husband and I sold our first home on our own, Larry handled all the paperwork. Throughout that transaction, there were several issues that Larry called to our attention that we wouldn’t have caught on our own. He really looks out for his client’s best interest. The sale of our home went smoothly and the money we would have spent on realtor fees went in our pocket instead. As a young couple just starting out, we couldn’t have been happier or more grateful. At the time my husband passed away, we owned several properties. Larry took care of updating all the titles for me.

When I sold my next home, I again turned to Larry to guide me through the process. This transaction also went very smoothly, and he saved me thousands of dollars in realtor fees.

Larry has also assisted me with probate. My son passed away unexpectedly and I was named the executor of his estate. I thought I could handle probate on my own and I started the probate process. It wasn’t long before I became totally confused and frustrated. My son lived in a different county, and the people at the courthouse were not at all helpful and refused to answer my questions. In desperation, I turned the whole mess over to Larry. I know he spent hours diligently going through all the paperwork. He straightened it all out, and laid out all the steps for me to close the estate. I will be forever grateful.”

Lisa P. from Appleton

“I wouldn’t hesitate for a moment to recommend Larry to anyone with real estate or probate questions. He is knowledgeable, efficient and trustworthy and has my complete confidence.

Larry has helped me several times with real estate and probate transactions. When my husband and I sold our first home on our own, Larry handled all the paperwork. Throughout that transaction, there were several issues that Larry called to our attention that we wouldn’t have caught on our own. He really looks out for his client’s best interest. The sale of our home went smoothly and the money we would have spent on realtor fees went in our pocket instead. As a young couple just starting out, we couldn’t have been happier or more grateful. At the time my husband passed away, we owned several properties. Larry took care of updating all the titles for me.

When I sold my next home, I again turned to Larry to guide me through the process. This transaction also went very smoothly, and he saved me thousands of dollars in realtor fees.

Larry has also assisted me with probate. My son passed away unexpectedly and I was named the executor of his estate. I thought I could handle probate on my own and I started the probate process. It wasn’t long before I became totally confused and frustrated. My son lived in a different county, and the people at the courthouse were not at all helpful and refused to answer my questions. In desperation, I turned the whole mess over to Larry. I know he spent hours diligently going through all the paperwork. He straightened it all out, and laid out all the steps for me to close the estate. I will be forever grateful.”

Proper estate planning allows your financial and personal decisions to be carried out by the use of wills, and powers of attorney for finances and medical and end of life decisions. Without advance planning, those decisions will be carried out according to the various State statutes, which may not be what your preferences would be and may be more costly. Here are some Frequently Asked Questions about Estate Planning in Wisconsin…

What is probate?

Probate is the process by which, at your death, a personal representative collects your assets which are subject to probate, pays any outstanding expenses or allowable indebtedness, and distributes the remaining assets as you have designated in your will. If you do not have a will, the net remaining assets will be distributed as set forth in the Wisconsin Statutes.

What is the process?

If you have a will, the personal representative that you have designated in your will will file the appropriate paperwork with the probate court requesting that the will be administered to probate and he/she be appointed as Personal Representative. Notice to file claims will be given to creditors through publication in a local newspaper. The personal representative may object to any claims which should not be paid and the probate court will decide if the objected claims should be paid.

From the time of appointment, the personal representative will begin collecting your assets and transferring specific assets that you have designated in your will or selling non-designated assets. The personal representative will file an inventory of all of your assets, file income tax returns for the last year that you were alive, and file any income tax returns for the probate estate. The personal representative may, depending upon the type of probate, complete an accounting of the assets and the payments and then distribute the balance to the beneficiaries listed in your will.

If you have no will, duties of the personal representative are the same. The difference is that the distribution will be determined by Wisconsin Statutes: Generally, first to your spouse, if any, then to your children or their children, then to your parents, siblings and continuing, following the bloodline.

Is everything I own subject to probate?

Probate property does not include assets for which you have listed beneficiaries or made payable upon your death. Examples would be life insurance policies, annuities, IRAs, 401ks, bank accounts, savings bonds payable on death, real estate transfers upon death, jointly held property or property held as marital survivorship property.

Is probate expensive?

A fee of $2.00 for each $1,000 of assets being probated is payable to the probate court. There may be some administrative costs such as real estate brokers or accountants. Retaining an attorney is not required. That is a decision of the personal representative, depending on the type of assets, the complexity and whether there will be any objections from any of the heirs as to who is included to receive or the amounts to be received from probate. If counsel is retained, obtain a clear understanding at the start as to what the cost will be.

Trust your affairs are in great hands with over 40 years estate planning experience!

Call (920) 739-6307

What is a Will?

A Will is a written document signed by you and two witnesses which states how you wish your property to be distributed upon your death, who should be responsible for the distribution, and provisions for any minor children or any other persons who would be unable to manage their money. You may also provide for the selection of a guardian for any minor children. The assets which are distributed through the Will are known as probate property and do not include the properties in which you have designated a beneficiary, such as insurance policies, IRAs, other retirement funds, joint or survivorship marital property, payable on death accounts, or transfer on death real estate.

Do I need a Will?

The answer is, it depends on your situation. If you wish to choose who will be resolving your affairs after your death, you will need to have a will to designate that person. You should also have a will if you wish to designate who will be the guardians of any of your minor children or if you wish the monies to be managed for them past the age of 18. You should have a will if you wish to give any of your assets or monies to a person or organization outside of your spouse or someone within your bloodline.

If you do not have a will, the Wisconsin Statutes set the distribution of your assets after your death. First, to your spouse. If you do not have a spouse, then to your children, then to your grandchildren, then to your parents and following your bloodline.

What is a Durable Power of Attorney for Finances?

A Durable Power of Attorney for Finances is a document that enables another individual to handle your financial affairs. Most people choose their spouse, a trusted family member or a friend. It is called durable because it will be valid even though you may become incapacitated or unable to handle your finances.

What is a Power of Attorney for Health Care?

A Power of Attorney for Health Care is a document that enables another individual to make decisions concerning your medical treatment only if you are incapable of making those decisions. Your health care agent will make those decisions on your behalf. You may also give very specific instructions, such as not allowing chemotherapy. Your medical providers must follow the agent’s instructions as if you were personally giving the instructions. Your health care agent should be someone you trust and who is knowledgeable of your wishes.

What is a Living Will?

A Living Will, also known as a Declaration to Physicians, is a document that informs your health care providers of specific instructions if you are permanently unconscious or terminally ill. Those instructions must be followed by the health care providers.

This information is intended to give a general overview. It is not meant to provide legal advice about Estate Planning in Wisconsin. Each situation is unique and even minor changes in the facts can create major changes in the outcome. You should consult with an attorney to determine how Estate Planning in Wisconsin applies to your particular circumstances.

Proper estate planning allows your financial and personal decisions to be carried out by the use of wills, and powers of attorney for finances and medical and end of life decisions. Without advance planning, those decisions will be carried out according to the various State statutes, which may not be what your preferences would be and may be more costly. Here are some Frequently Asked Questions about Estate Planning in Wisconsin…

What is probate?

Probate is the process by which, at your death, a personal representative collects your assets which are subject to probate, pays any outstanding expenses or allowable indebtedness, and distributes the remaining assets as you have designated in your will. If you do not have a will, the net remaining assets will be distributed as set forth in the Wisconsin Statutes.

What is the process?

If you have a will, the personal representative that you have designated in your will will file the appropriate paperwork with the probate court requesting that the will be administered to probate and he/she be appointed as Personal Representative. Notice to file claims will be given to creditors through publication in a local newspaper. The personal representative may object to any claims which should not be paid and the probate court will decide if the objected claims should be paid.

From the time of appointment, the personal representative will begin collecting your assets and transferring specific assets that you have designated in your will or selling non-designated assets. The personal representative will file an inventory of all of your assets, file income tax returns for the last year that you were alive, and file any income tax returns for the probate estate. The personal representative may, depending upon the type of probate, complete an accounting of the assets and the payments and then distribute the balance to the beneficiaries listed in your will.

If you have no will, duties of the personal representative are the same. The difference is that the distribution will be determined by Wisconsin Statutes: Generally, first to your spouse, if any, then to your children or their children, then to your parents, siblings and continuing, following the bloodline.

Is everything I own subject to probate?

Probate property does not include assets for which you have listed beneficiaries or made payable upon your death. Examples would be life insurance policies, annuities, IRAs, 401ks, bank accounts, savings bonds payable on death, real estate transfers upon death, jointly held property or property held as marital survivorship property.

Is probate expensive?

A fee of $2.00 for each $1,000 of assets being probated is payable to the probate court. There may be some administrative costs such as real estate brokers or accountants. Retaining an attorney is not required. That is a decision of the personal representative, depending on the type of assets, the complexity and whether there will be any objections from any of the heirs as to who is included to receive or the amounts to be received from probate. If counsel is retained, obtain a clear understanding at the start as to what the cost will be.

Trust your affairs are in great hands with over 40 years estate planning experience!

Call (920) 739-6307

What is a Will?

A Will is a written document signed by you and two witnesses which states how you wish your property to be distributed upon your death, who should be responsible for the distribution, and provisions for any minor children or any other persons who would be unable to manage their money. You may also provide for the selection of a guardian for any minor children. The assets which are distributed through the Will are known as probate property and do not include the properties in which you have designated a beneficiary, such as insurance policies, IRAs, other retirement funds, joint or survivorship marital property, payable on death accounts, or transfer on death real estate.

Do I need a Will?

The answer is, it depends on your situation. If you wish to choose who will be resolving your affairs after your death, you will need to have a will to designate that person. You should also have a will if you wish to designate who will be the guardians of any of your minor children or if you wish the monies to be managed for them past the age of 18. You should have a will if you wish to give any of your assets or monies to a person or organization outside of your spouse or someone within your bloodline.

If you do not have a will, the Wisconsin Statutes set the distribution of your assets after your death. First, to your spouse. If you do not have a spouse, then to your children, then to your grandchildren, then to your parents and following your bloodline.

What is a Durable Power of Attorney for Finances?

A Durable Power of Attorney for Finances is a document that enables another individual to handle your financial affairs. Most people choose their spouse, a trusted family member or a friend. It is called durable because it will be valid even though you may become incapacitated or unable to handle your finances.

What is a Power of Attorney for Health Care?

A Power of Attorney for Health Care is a document that enables another individual to make decisions concerning your medical treatment only if you are incapable of making those decisions. Your health care agent will make those decisions on your behalf. You may also give very specific instructions, such as not allowing chemotherapy. Your medical providers must follow the agent’s instructions as if you were personally giving the instructions. Your health care agent should be someone you trust and who is knowledgeable of your wishes.

What is a Living Will?

A Living Will, also known as a Declaration to Physicians, is a document that informs your health care providers of specific instructions if you are permanently unconscious or terminally ill. Those instructions must be followed by the health care providers.

This information is intended to give a general overview. It is not meant to provide legal advice about Estate Planning in Wisconsin. Each situation is unique and even minor changes in the facts can create major changes in the outcome. You should consult with an attorney to determine how Estate Planning in Wisconsin applies to your particular circumstances.
Your tomorrow is never guaranteed.  Get Estate Planning HELP today!
Call (920) 739-6307

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