Estate preservation is that box around you to protect you from life’s uncertainties.
Estate planning is the main component of estate preservation, but long-term care planning, umbrella liability protection and risk management are also components.
Estate planning involves preparing for the distribution and management of your assets both during your lifetime and after your passing. This process includes developing strategies to reduce taxes, safeguard your assets, ensure financial support for your heirs, and mitigate potential legal or financial challenges.
Your financial plan needs to be coordinated with all aspects of your financial life. It must include tax planning, cash flow management (including retirement income), investment positioning, and estate preservation.
Estate preservation covers all aspects of preserving your estate including long-term care protection, liability protection, risk management and comprehensive estate planning.
Estate Planning Services and Resources
Wills
Trusts
Durable Power of attorney
Advance health care directive
Gifting strategies
End-of-life expenses
Are you Leaving a Gift or a Mess?
Everyone has an estate plan—essentially a strategy for how their assets will be allocated after they pass away. Even if you haven't actively created one, the state provides a default plan. However, you have the option to create a personalized estate plan that reflects your wishes and ensures your property is distributed according to your preferences.
Long-Term Care Planning
We consider Long-Term Care planning a vital part of estate preservation.
However, it is important that your retirement income plan is secure before looking at long-term care coverage.
This guide will cover all of types of long term care coverage and together we will decide what is the best option for you.
We partner with multiple estate planning attorneys for various reasons including state licenses.
Scott Kowlaski is our lead attorney meeting clients at our Mineral Point office location and also making house calls like a concier doctor. He has a passion for client service and genuine relationship development. He is a servant leader in the community and for non-profit organizations that focus on heart and brain health.
Scott is an avid cyclist, drummer, hunter, hockey fan, and Harley-Davidson enthusiast!
Nels Donovan served as a wartime aviator, military instructor pilot, and airline captain and a JAG attorney for the US Army Reserves. He is the founder and managing partner of Estate Law partners in Madison WI but also serving clients across state lines.
Ready to Get Started?
One phone call can be the path to easing all of your estate planning concerns.
