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Complex Will with Credit Shelter Marital Trust for Large Estates Wisconsin Form

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Complex Will with Credit Shelter Marital Trust for Large Estates Wisconsin Form

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what is the difference between a will and a trust in Wisconsin hello I'm attorney Thomas Burton I'm an estate planning and asset protection attorney here in Wisconsin and that's today's question so when the difference between a will and Trust comes to mind the primary difference most people think of is a will if you use a will to pass your assets those assets must go through a public Probate Court proceeding and if you use a trust to pass your assets you can avoid a public Probate Court proceeding and they're administered ing to a private process so the big difference is Will public Probate Court Trust private Administration now both documents you can name someone to act for you after you're gone using a will that person is called the personal representative and using a trust that person is called the trustee the big benefit of a trust is it's something you can set up during life we call it a living trust it comes alive while you&

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