Thomas B. Burton

Attorney Thomas B. Burton discusses how to make a Will in 2021. Wills are an essential part of Estate Planning and setting up a Will this year is a great way to plan for the future.

In this short video, Attorney Burton goes over the up to date requirements for making a Will and discusses how you can meet each element in order to make your own legally valid Last Will and Testament.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

Check out my long form video, "How to Make a Will for Free in Wisconsin" here:
https://youtu.be/mhdyVN4BH6c

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton is joined by Attorney Matthew Underwood, of Underwood Legal, LLC, in Madison, Wisconsin to discuss "Are Living Trusts Just for the Rich?" and in this video they discuss several misconceptions about living trusts stemming from historical uses of trusts by wealthy people. Attorneys Burton and Underwood explain how living trusts can be useful to everyday middle class folks to avoid probate and provide incapacity protection.

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel: http://bit.ly/BurtonLawLLC

➮ Frequently Asked Estate Planning Questions & Answers: http://bit.ly/Questions-And-Answers

➮ Questions to ask an Attorney about Trusts: https://bit.ly/QuestionsAboutTrusts

➮ Estate Planning Questions to Ask: http://bit.ly/EstatePlanningVideos

#LivingTrust
#EstatePlanningAttorney
#Wisconsin

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton answers the question: "What Happens to an LLC Interest if a Member Dies in Wisconsin" Attorney Burton discusses the various methods a member can leave their interest in the LLC to their heirs, both through probate and by avoiding probate, and also discusses what happens if a member of an LLC passes away with no Will or estate plan in place.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton discusses the question: "How to Leave a House Bought With Inheritance Solely to My Kids" in a situation where the questioner wants to leave the house to her kids only and not to her husband or any future spouse he may remarry. In this Real Attorney Reacts series, Attorney Thomas B. Burton analyzes a question dealing with inherited money and the purchase of a house with that money. In this episode, the letter writer says she was talked into putting her husband's name on the title to the house before the closing. Now she wants to know how she can leave this house to her children upon her death, but allow her husband to live in the house for the rest of his life. She ultimately wants the house to go to her children as an inheritance and not go to her husband, or to her husband's family if she predeceased her husband. Attorney Burton analyzes this question under Wisconsin law and discusses some options the viewer could take with the advice and counsel of an estate planning attorney in the state where she lives.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton discusses the key differences between a Health Care Power of Attorney vs. a Financial Power of Attorney and discusses how each document serves a key role as part of a comprehensive estate plan.

In the latest video in our Estate Planning 101 educational video series, Attorney Thomas B. Burton discusses in-depth what the terms 'Health Care Power of Attorney' & 'Financial Power of Attorney' sometimes also called a 'Durable Power of Attorney' really mean and how each document serves an important role as part of your estate planning.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.
#powerofattorney #financialpoa #healthcarepoa

Attorney Thomas B. Burton discusses how to make a Trust in 2021 to serve as the main vehicle for your estate plan. Attorney Burton discusses the main elements of a trust and what is legally required to form a trust. Attorney Burton also discusses the ways a trust can help you protect your estate and pass it on to the next generation free from the time, expense and paperwork involved with the probate court process.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton, and Attorney Matthew Underwood discuss "How Do Trusts Protect You While You Are Alive? in the latest episode in the Ask the Attorneys series. Many people do not realize that trusts can protect you while you are alive and not just after death. Attorney Burton and Attorney Underwood discuss the many benefits of trusts during life and after death in this episode.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel: http://bit.ly/BurtonLawLLC

➮ Frequently Asked Estate Planning Questions & Answers: http://bit.ly/Questions-And-Answers

➮ Questions to ask an Attorney about Trusts: https://bit.ly/QuestionsAboutTrusts

➮ Estate Planning Questions to Ask: http://bit.ly/EstatePlanningVideos

#Trust
#EstatePlanningAttorney
#Wisconsin

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton answers the following question:
"Can You Start an LLC by Yourself?"

Attorney Burton discusses the steps you need to take to legally form a valid LLC in the state of Wisconsin and discusses the various methods to get your LLC legally formed in Wisconsin for your new business.

Want to set up an LLC and not sure where to start? Download a FREE copy of my 5 Step Wisconsin LLC Startup Guide here: https://bit.ly/3hKKLro

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos.

Subscribe here: http://bit.ly/BurtonLawLLC

#Wisconsin #LLC #Startup

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

In this episode of our Estate Planning 101 series, Attorney Thomas B. Burton discusses the probate court process in depth, and uses his whiteboard to illustrate the Top 3 Reasons to Avoid Probate. Attorney Thomas B. Burton discusses the time, and expenses involved with the probate court process and discusses the top three reasons people chooses to forego the public probate court process completely and instead opt for private family administration of their estate.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

#probate #estateplanning #wisconsinlaw

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton answers the following question:
"Does Wisconsin Have an Inheritance Tax?" Attorney Burton discusses how the inheritance tax works in the United States and discusses how the Wisconsin tax system interacts with the federal estate and gift tax system.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

#Inheritance_Tax
#Estate_Planning
#Wisconsin

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton shows you how to see if your LLC name is available for your new limited liability company (LLC). Attorney Burton shows you the process to search the corporate name registry online in Wisconsin and discusses the rules for naming your LLC in the state of Wisconsin.

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

Want to learn how to set up an LLC for your new business? Check out my Free 5 Step LLC Start-Up Guide that shows you exactly the steps you need to take to get your LLC all set up and legally operating. You can download your Free Guide Here: https://bit.ly/2NBL2zA

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

#LLC #NameAvailablity #CompanyName

In this video, Attorney Thomas B. Burton answers the following question:
"Does a Will Avoid Probate in Wisconsin?"

Attorney Burton discusses what creating your own Last Will and Testament in Wisconsin means and he discusses some things a Will accomplishes and other things it does not. One of the confusing aspects about this term "probate" is that many people mistakenly think that making a Will means they will avoid probate. Instead it is just the opposite. A Will ensures the assets passing under your Will=WILL go through the probate court process. Forming a Will in the state of Wisconsin is not enough on its own to avoid probate. There are multiple ways to avoid probate in Wisconsin, but you need to use other estate planning tools, such as a revocable living trust, also known as a revocable trust or a living trust to help you accomplish those goals. A Will alone is not enough to completely avoid the government run probate court system for most people.

If you want to learn more about the main differences between using a will or a trust as the main vehicle for your estate planning, check out my free one page Will vs. Trust guide below.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

#Probate
#Will
#Wisconsin
#Real_Estate
#Estate_Planning

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2021 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton discusses how to legally make a Will in Wisconsin and he covers the essential elements that every Will must have in order to be legally valid under Wisconsin law. In this short video, Attorney Burton will go over the required legal elements to legally make a Will in Wisconsin and discusses how you can meet each element in order to make your own legally valid Last Will and Testament in Wisconsin.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

Check out my long form video, "How to Make a Will for Free in Wisconsin" here:
https://youtu.be/mhdyVN4BH6c

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton discusses the special new charitable contribution tax deduction for taxpayers in 2020 due to the passage of the CARES Act in the spring of 2020. This new $300 charitable deduction allows taxpayers to take a tax deduction for cash contributions made to a qualifying charitable organization in 2020. Taxpayers can take this deduction even if they do not itemize and instead take the standard deduction.

You can read more about how this new charitable deduction works on the IRS website here: https://www.irs.gov/newsroom/special-300-tax-deduction-helps-most-people-give-to-charity-this-year-even-if-they-dont-itemize

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC. Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton discusses the real question regarding real estate and probate: "Mother Died Without Will. How to Handle House with Life Estate? Brother Wants More Than Half."

In this Real Attorney Reacts Series, Attorney Burton analyzes this real question under Wisconsin law and discusses how a life estate works on a house after the death of the life estate holder. Attorney Burton also discusses the real psychological and emotional toll that can arise from the joint ownership of real estate and dealing with such issues after someone passes away without a will through the probate court process.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton answers a reader's question about how to cash a check that is made out to their irrevocable trust. Attorney Burton walks them through the steps, they should take, to cash this check and also discusses why it is important to deposit the check the right way, in order to maintain the asset protection of the trust.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

#IrrevocableTrust #EstatePlanning #Attorney #CashCheck #AssetProtection

Attorney Thomas B. Burton answers the following question:
"What is the 5 Year Rule for Medicaid?"

Attorney Thomas B. Burton discusses the 5 year rule for Medicaid and how the Medicaid look back period works for asset protection and Medicaid planning in the state of Wisconsin.

Want to learn more about how different types of trusts work? Grab the Free Copy of Attorney Thomas B. Burton's 5-step guide on How to Protect Your Home From the Nursing Home here:
https://go.theburtonlawoffice.com/protect

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC


#Medicaid
#AssetProtection
#Wisconsin

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton shows viewers how to find the registered office address for a business in Wisconsin. Attorney Burton shows the process to search the corporate registry in Wisconsin and talks about the requirements to form and operate a valid business entity in Wisconsin.

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

Want to learn how to set up an LLC for your new business? Check out my Free 5 Step Wisconsin LLC Start-Up Guide that shows you exactly the steps you need to take to get your LLC all set up and legally operating. You can download your Free Guide Here: https://bit.ly/2NBL2zA

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus the information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

In this episode, Attorneys Burton and Underwood discuss the Top 3 reasons to form a revocable living trust, in this in depth Ask the Attorneys series featuring two attorneys licensed in Wisconsin. Attorney Thomas B. Burton practices with Burton Law LLC, and Attorney Matthew Underwood is with Underwood Legal, LLC.

Want to know what type of estate planning documents are best for your situation?
Download a free copy of my easy estate planning guide.

Obtain Your Free Will vs. Trust Estate Planning Guide here:
https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
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➮ Website: https://www.theburtonlawoffice.com/

#Trust
#RevocableLivingTrust
#Wisconsin

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton shows viewers how to check and see if the business name they want to use for their new business entity is available in Wisconsin. Attorney Burton shows you how to search the online database of business entity names in Wisconsin to see if your business name is already in use.

Want to learn how to set up an LLC for your new business? Check out my Free 5 Step LLC Start-Up Guide that shows you exactly the steps you need to take to get your LLC all set up and legally operating. You can download your Free LLC Start-Up Guide Here: https://bit.ly/2NBL2zA

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

In this video, Attorney Thomas B. Burton answers the following question:
"How Long After Someone Dies Do You Have to File a Will in Wisconsin?"

Attorney Burton discusses the various time and filing deadlines for filing a Will in Wisconsin and also discusses the relevant Wisconsin statutes which govern the probate court process for filing a Will in Wisconsin.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

#File_A_Will
#Time
#Wisconsin

Attorney Thomas B. Burton answers the following question:
"What Is The Fastest Way To Set Up an LLC?"

Want to set up an LLC and not sure where to start? Download a FREE copy of my 5 Step Wisconsin LLC Startup Guide here: https://bit.ly/3hKKLro

Interested in forming your own LLC in Wisconsin, but hesitant to do it completely on your own? Good news, I have created a complete video tutorial package, designed for young entrepreneurs and individuals with limited funds who are not in a position to hire an attorney to help. This package is designed to offer a middle option between paying an attorney for full representation at hourly rate, and trying to form your LLC completely on your own with no guidance.

This package includes 4 videos created by Attorney Thomas B. Burton, which contain over one hour of of content, guiding you through the steps to form your own Single Member LLC with the State of Wisconsin, file for a Federal Tax ID number (EIN) with the Internal Revenue Service, and draft your own Single Member LLC Operating Agreement.

Check out my Form Your Own LLC Video Tutorial package available here: https://bit.ly/2X0FzaB

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos.

Subscribe here: http://bit.ly/BurtonLawLLC

#Wisconsin #LLC #Startup

Attorney Thomas B. Burton shows you how to form a business entity in the State of Wisconsin. In this video, Attorney Burton takes you to the correct state filing website, where you can file the correct forms to start your C Corporation, Limited Liability Company (LLC) or other business entity in the State of Wisconsin. Attorney Burton also discusses how an LLC formed in another state can register to do business in Wisconsin by completing the Foreign Limited Liability Company Application for Certificate of Registration which submits an application for permission to do business in the state of Wisconsin to the appropriate government agency in Wisconsin.

Want to learn how to set up an LLC for your new business? Check out my Free 5 Step LLC Start-Up Guide that shows you exactly the steps you need to take to get your LLC all set up and legally operating. You can download your Free Guide Here: https://bit.ly/2NBL2zA

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton discusses helping senior Americans with elder law planning during the COVID-19 pandemic and talks about the special challenges that senior citizens are encountering during the ongoing COVID-19 pandemic in the United States due to the social distancing measures currently in place at many institutions to help stop the spread of the COVID-19 virus. Attorney Burton discusses several ways that friends, relatives, and family can help these senior citizens during this time. Attorney Burton also discusses the importance of elder law planning during the COVID-19 pandemic and talks about the key legal documents every senior American should have in place as part of their comprehensive estate plan.

In addition, Attorney Burton discuss stories he has heard from his own estate planning law practice about some of the measures hospitals and nursing homes are taking during this time due to the virus, measures which can mean that seniors are often isolated and alone with limited means to communicate outside of their nursing home or hospital. Attorney Burton discusses ways family members, relative and friends can help these senior Americans communicate with the outside world during this time and also discusses how they can meet with an elder law attorney during this time through the use of modern communication tools such as video conferences, without the senior American risking any in person contact to meet with an attorney or other professional.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

Attorney Thomas B. Burton answers the following question:
"Does Revocable Trust Protect Assets from Creditors of My Mother?"

Attorney Burton discusses this question and talks about the type of trusts most often used when looking to do asset protection against creditors. Attorney Burton also discusses how creditors seek to be repaid from the estate or trust of the deceased after they pass.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.

Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
http://bit.ly/BurtonLawLLC

➮ Frequently Asked Estate Planning Questions & Answers: http://bit.ly/Questions-AndAnswers

➮ Estate Planning Questions to Ask: http://bit.ly/EstatePlanningVideos

➮ Follow Estate Planning Playlist: http://bit.ly/PlaylistEstatePlanning

#Wisconsin
#Asset
#Creditor

Attorney Thomas B. Burton answers the following question:
"Can a Nursing Home Take Money From a Revocable Trust?"

Attorney Burton discusses how revocable trusts work and explains why in most instances a revocable trust is not going to be enough to protect your assets from the nursing home and other creditors. Instead, in Wisconsin, and many other states, you are going to want to consider using an irrevocable trust to protect your home, and other assets from the nursing home, creditors, and lawsuits.

Want to learn more about asset protection for your home and how an irrevocable trust can help protect your home from the nursing home?

Download a free copy of my 5 Step Guide on How to Protect Your Home from the Nursing Home here here: https://bit.ly/2CWxTiC

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos.
Subscribe here: http://bit.ly/BurtonLawLLC

#EstatePlanning
#RevocableTrust
#IrrevocableTrust
#NursingHome

Estate planning attorney Thomas B. Burton discusses how to make a Last Will and Testament during the COVID-19 global health pandemic in this video. Attorney Burton discusses two methods he recommends for getting a Will put in place during the COVID-19 crisis and one he doesn't, and as a bonus he discusses a fourth option that can be even easier than the requirements needed to make a Last Will and Testament.

Many attorneys are using remote video meetings and social distancing protocols to both meet with clients and get their documents signed during the COVID-19 pandemic. Attorney Burton discusses these measures and provides viewers with practical tips on how to find an attorney who can work with them remotely and get their documents signed and witnessed during this time. In addition, Attorney Burton discusses a DIY option for folks who need a basic Last Will and Testament very quickly, either because they have been diagnosed with COVID-19 and cannot leave the house, or because they have some other serious health concern and do not have time to meet with an attorney. This option works well for people with small or modest estates. For more on this option, check out Attorney Burton's video on How to Make Your Own Will for Free in Wisconsin here: https://youtu.be/mhdyVN4BH6c

Finally, Attorney Burton covers a bonus option that is even easier to sign and form remotely during the COVID-19 pandemic, whereby people can avoid probate and avoid using a Last Will and Testament as the main vehicle for their estate. In many states, individuals can sign a trust without the requirement that witnesses be physically present in the room when the person making the trust, the Grantor, signs the document. Attorney Burton discusses how you can get a Trust put in place for your assets, entirely remotely, through the use of remote video meetings, and signing the appropriate documents according to the directions of your attorney. Attorney Burton also discusses the remote notary option and remote witnesses options that some other states have put in place during the COVID-19 pandemic. Finally, although Wisconsin does not currently allow remote notarization or remote witnessing of estate planning documents, Attorney Burton discusses some creative options for getting your estate planning documents signed, witnessed, and/or notarized by a Notary Public during this time.

Want to know what type of estate planning documents are best for your situation? Download a free copy of Attorney Burton's easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

Join Attorney Thomas B. Burton on this Estate Planning 101 Tutorial Series!
Topic of this video - Will or Trust - What's the Difference?

Join me in the latest installation of my Estate Planning 101 series. This video is answering one of the most popular questions I get at my office. I decided it was time to sit down and answer this question in a comprehensive manner in a way that I can share with everyone via YouTube. So welcome to my class and my new series called "Estate Planning 101." Take out your pencils, settle in and join me for an exciting journey through the wonderful world of estate planning.

In this video, I will walk you through the major differences between using a Last Will and Testament or using a Trust as the "main vehicle" for passing your estate to your heirs after your death. I discuss the pros and cons of each method, and lay out for you the key differences between each type of plan. Ever wondered about various legal terms you hear tossed around like "probate" "avoiding probate, "revocable living trust" "intestate" and more? Watch this video to see these topics covered in detail. Subscribe to our channel and stay tuned for our next episode in the brand new Estate Planning 101 series, where each episode focuses on explaining complex estate planning topics in language that everyone can understand.

Want an easy one page illustration of the major differences between a Will and a Trust? Download my Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

Want to learn more about how different types of trusts work? Grab the Free Copy of Attorney Thomas B. Burton's 5-step guide on How to Protect Your Home From the Nursing Home here: https://bit.ly/2CWxTiC

If this video was helpful to you, please consider subscribing to our channel so more folks can see and benefit from this information as well.
➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC


#EstatePlanning
#Attorney
#Wisconsin
#Will
#Trust

Attorney Thomas B. Burton answers the following question:
"What Should You Not Put In A Will?"

Attorney Burton discusses this question and provides the viewer with a list of things you should not place inside your Will because remember, a Will is private during your life but becomes public after your death when it is filed with the probate court. For this reason, there are certain things you should definitely not put in writing inside your Last Will and Testament. Watch this video to find out Attorney Burton's answer to this interesting estate planning question.

Want to know what type of estate planning documents are best for your situation?
Download a free copy of my easy estate planning guide.

Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

If this video has been helpful to you, please consider, liking and/or commenting and sharing this video so others can find and benefit from this information as well. Also consider subscribing to our channel below:

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC


#Wisconsin #Will #EstatePlanning

Attorney Thomas B. Burton answers the following question:
"Can a Wisconsin Realtor Force Accelerated Purchase Title Insurance for New Owner?"

Attorney Burton answers the reader's question and discusses how residential real estate transactions typically unfold in Wisconsin if the Realtor uses the Wisconsin Standard Offer to Purchase for residential real estate. Attorney Burton also explains the typical scenario for title insurance in Wisconsin.

Want to know what type of estate planning documents are best for your situation?
Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
http://bit.ly/BurtonLawLLC
➮ Frequently Asked Estate Planning Questions & Answers: http://bit.ly/Questions-AndAnswers


#Real_Estate
#Business_Law
#Wisconsin

Attorney Thomas B. Burton answers the following question:
"Can You Own a Car on Medicaid?"

Attorney Burton discusses the qualification rules in order to receive Medicaid assistance to pay for Long Term Nursing Home Care in the state of Wisconsin through the Medicaid program. Medicaid is a need based program, and qualification depends on the amount of assets you currently own. One of the assets Medicaid will ask you about if/when you apply for Medicaid is whether you own any automobiles (cars) and if so how many? You are required to report the number of cars you own that are titled in your name on the Medicaid application on the date you submit your Medicaid application. Medicaid is a federally funded program that is administered slightly differently in each state. Attorney Burton discusses the rules for qualifying for Medicaid assistance in the state of Wisconsin and also discusses the difference between an exempt and non-exempt asset for the purpose of applying for Medicaid assistance in Wisconsin.

Want to learn more about how you can protect your home from the nursing home and other creditors? Grab a free copy of Attorney Thomas B. Burton's 5-step guide on How to Protect Your Home From the Nursing Home here: https://bit.ly/2CWxTiC

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC



#medicaid
#nursinghome
#car

Attorney Thomas B. Burton discusses how COVID-19 and the coronavirus pandemic in the state of Wisconsin and throughout the globe has changed the way people do estate planning right now. Attorney Burton also discusses several ways for you to meet with your estate planning attorney, without the risk of any person to person contact that helps COVID-19 spread so easily, including the use of video and phone meetings. Attorney Burton explains how live video meetings have proven to be a very useful tool in his law practice and also announces a new feature at Burton Law LLC where the firm will send an android tablet video device to clients via U.S. Mail before their meeting, that they can use to conduct the video meeting with Burton Law LLC.

00:00 Introduction
1:39 How to Sign Documents During Pandemic
2:19 Current Wisconsin Rules on Remote Notarization
2:55 Some States Allow Remote Notarization and Witnesses
3:33 Current Wisconsin Rules on Signing Estate Planning Documents
4:26 Three Wisconsin Estate Planning Documents that Require Witnesses
6:28 Wisconsin Supreme Court Denies Emergency Petition on Remote Witnesses
8:50 Using Remote Meetings to Meet with Your Attorney
10:34 Wisconsin Estate Planning Document #1 You Can Create Without Witnesses
10:52 Wisconsin Estate Planning Document #2 You Can Create Without Witnesses
11:51 New Send a Video Device Service for Remote Meetings with Burton Law LLC

Attorney Burton also discusses the witness requirements for various estate planning documents in Wisconsin, including the "presence" or "conscious presence" witness requirement for certain estate planning documents in Wisconsin such as for a Last Will and Testament, a Power of Attorney for Health Care or an Advance Directive (also known as a Living Will). Attorney Burton discusses options for signing these types of documents during this time, including the use of Drive Thru Will Signings, and signings in person with masks and social distancing during the COVID-19 pandemic. Attorney Burton also suggests several estate planning documents that can be signed without witnesses, and that can help you avoid probate and conflicts regarding your estate including trusts, powers of attorney for finances, and certain deeds and real estate documents.


Want to know what type of estate planning documents are best for your situation and also have the opportunity to schedule a Free 15 Minute Estate Planning Strategy Call with Attorney Burton? Obtain Your Free Will vs. Trust Estate Planning Guide and schedule your strategy call here: https://bit.ly/3jxgz3R

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

#covidestateplanning #covid19 #wisconsin

Attorney Thomas B. Burton discusses the one legal document that Graham Mertz, the redshirt freshman quarterback of the University of Wisconsin Badgers football team, and every Wisconsin Badger football team member, college student, and individual over the age of 18 in the state of Wisconsin should have in place to protect their own health and wellbeing during the COVID-19 pandemic in the United States and abroad.

Attorney Burton discusses how every person over the age of 18 in the state of Wisconsin has the legal ability to name someone as their agent under a Wisconsin Power of Attorney for Health Care form. Attorney Burton discusses this Power of Attorney for Health Care document in detail, including the witness and execution requirements, and gives the viewers an overview of how to complete this form successfully, for free on their own.

You can access the Wisconsin Power of Attorney for Health Care Form free from the State of Wisconsin here: https://www.dhs.wisconsin.gov/forms/advdirectives/f00085.pdf

If this video has been helpful to you, please consider, liking and/or commenting and sharing this video so others can find and benefit from this information as well. Also consider subscribing to our channel below:

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

Attorney Thomas B. Burton answers the following question:
"Which is Better, Revocable or Irrevocable Trust?"

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

Want to learn more about how different types of trusts work?
Grab a Free Copy of my 5-Step Guide on
How to Protect Your Home From the Nursing Home Here: https://bit.ly/2CWxTiC

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

I'm Attorney Thomas Burton and today's question is the following:
“Which is better, revocable or irrevocable trust?”

So the answer to this question is, it depends. It really depends on what you're looking to do with your trust, whether you want the revocable or irrevocable trust. An easy way to think about it is this, revocable trusts are changeable during your life. So they are the most common type of trust we use as what we call a will substitute. We use a revocable trust to avoid probate upon all your assets upon death and avoid the time delay and expense of a court-ordered probate process.

Now, an irrevocable trust can do the same thing - avoid probate but we generally use irrevocable trust for asset protection. When we put an asset in an irrevocable trust, we're saying we can no longer change the trust, essentially that asset is no longer ours. It's owned by the trust and the asset must be administered according to the rules we wrote in the trust, usually by an independent third party trustee, someone you choose to be trustee, not yourself.

So we use irrevocable trust for asset protection. You can think about protection from creditors, nursing homes, the state of Wisconsin Medicaid Program Etc. And the other situation you'll see an irrevocable trust use is for estate tax planning. Now, these are used less for that outside of the very wealthy, if you have under $11.2 million per individual, you probably aren't going to look at this type of trust in terms of being worried about estate tax, but they are very, helpful the irrevocable trust, for asset protection.

So again, think of it this way, not which is better but what type of planning I'm trying to do. If I want to avoid probate, have privacy upon death, provide for the instance where I may need a court ordered guardianship instead of a guardianship. I have a trust in place. The best option is a revocable living trust. If you want to add asset protection, creditor protection, long-term nursing home care planning, then you're going to want to look at an irrevocable trust and talk with your lawyer about the type of planning you want to do, so they can put together the right type of trust for you. At my office, we use both types of trusts. Sometimes together, sometimes alone. It depends on your specific situation.

If you want to learn more about these types of trusts, I have two free guides on my website - one is about a will versus trust and that walks you through what a revocable living trust is used for and the other one is a free guide on how to protect your home from the nursing home that talks more about asset protection trust. I'll put the link to those guides in this video. You can check them out and be sure to check out my other videos on the channel where I talk in depth about a lot more of these issues.

So great question and thank you for asking.

#Revocable_Trust
#Irrevocable_Trust
#Wisconsin

Attorney Thomas B. Burton shows you how you can make your own Wisconsin Basic Will for free, in less than an hour. In this video, Attorney Burton walks you through the Free Wisconsin Basic Will form that was written by the Wisconsin Legislature and placed inside the Wisconsin statutes. Any Wisconsin resident can access this form, print it out, and fill it in by hand by following the steps Attorney Burton shows you in this video.

0:00 Introduction and Welcome
0:59 Wisconsin Basic Will & Statutory Reference
2:09 Information About Who Should Use this Basic Will
7:54 Article One - Declaration
8:48 Article Two - Disposition of Property
11:32 Article Three - Nomination of Personal Representative and Guardian
13:25 Bond
14:33 Signing Your Will
14:54 Witness Information
18:35 Suggestions on Storing Your Will After Signing (Execution)

You can access the Wisconsin Basic Will in the Wisconsin Statutes here: https://docs.legis.wisconsin.gov/statutes/statutes/853/ii/55


Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide here: https://bit.ly/3jxgz3R

This Wisconsin Basic Will is suitable for people of modest means, limited assets, and non-complex family situations. It may not be suitable for individuals with children from a previous marriage (blended families), or business owners. Please read carefully the instructions and notices provided by the Wisconsin Legislature at the outset of this Basic Will form before deciding whether it is right for you and your family situation. My goal in creating this video, is to help folks with modest means who are unable to hire an attorney, or folks who may be trapped inside their homes and need a Will very quickly. These Wisconsinites can now easily create a Basic Will by following this video as I walk you through the steps laid out by the Wisconsin Legislature.

I suggest printing out the paperwork, and then playing the video section by section, and pausing it after I speak about each section that you need to complete, then continue the video when you have completed that section. In this way you can complete the whole Basic Will along with me as I walk you through the various sections. I also suggest pausing the video near the end when I talk about the proper way to sign the Will in front of your two disinterested witnesses, and then playing this video with your witnesses before you physically sign the Basic Will in front of them. My hope is that this video is a great resource to you and your family. If it has been helpful to you, please considering commenting on the video and/or giving it a like and subscribing to the channel below to help more people find this video as a resource for their own estate planning.

➮ Subscribe to Burton Law LLC’s channel: http://bit.ly/BurtonLawLLC

Please review carefully the notices from the Wisconsin Legislature at the outset of this Basic Will. Please read carefully and consider whether this Will is right for you before using this form. I always recommend that individuals consider working with a qualified estate planning attorney, but I understand that some people are unwilling or unable to do so for a variety of reasons at this time. For those types of individuals, I hope this video is a great resource to you, and that you pay it forward by sharing this video with others who could benefit from this information as well.

You can access the Wisconsin Basic Will in the Wisconsin Statutes here: https://docs.legis.wisconsin.gov/statutes/statutes/853/ii/55

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2020 Thomas B. Burton: Burton Law LLC. All rights reserved.

Attorney Thomas B. Burton discusses a recent question addressed to the Moneyist columnist for marketwatch.com. The questioner's parent's passed away from COVID-19 within three weeks of each other. Neither parent had a Last Will and Testament, but according to the daughter they had written in emails before they died that they intended for one daughter to inherit the home. The parents and the home and real estate in question is located in the state of Texas. Attorney Burton discusses the facts as presented in this question and provides an analysis of how this would play out under Wisconsin law when someone passes away without a Will. Attorney Burton discusses whether emails are a valid substitute for a written Will in Wisconsin and also provides useful tips and advice on how to avoid this type of situation with your own estate planning, especially when dealing with the COVID-19 pandemic and the unique estate planning situations many families are encountering during the pandemic.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide here: https://bit.ly/3jxgz3R

If this video was useful to you, please consider liking it and subscribing to our channel to help more folks find this free legal information as well. Thank you!

➮ Subscribe to Burton Law LLC’s channel to get notified when we post new videos. Subscribe here: http://bit.ly/BurtonLawLLC

You can check out the entire marketwatch article here: https://finance.yahoo.com/m/62f764be-c34d-3a3c-9d4a-337e16355dac/my-parents-died-from.html


#estateplanning #covid19 #covid19estateplanning #covidestateplanning

Attorney Thomas B. Burton, of Burton Law LLC, is joined by Attorney Matthew Underwood, of Underwood Legal, LLC and together they answer the question: "Why Does a Power of Attorney End When You Die?" in the latest episode of Ask the Attorneys.

Have you ever wondered why the Agent under a Power of Attorney cannot continue to administer someone's assets after that person dies? How come the bank freezes the deceased's bank account as of the date of death even when the same person is named as Agent and also as Personal Representative (Executor) under the Will? Learn the answers to these questions, and how you can avoid some of these issues through your own estate planning and more in this video.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.

Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
http://bit.ly/BurtonLawLLC

#PowerOfAttorney
#EstatePlanning
#Wisconsin

Attorney Thomas B. Burton answers the following question:
"How to Verify What is Said by A Real Estate Agent?"

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.

Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
http://bit.ly/BurtonLawLLC

➮ Frequently Asked Estate Planning Questions & Answers: http://bit.ly/Questions-AndAnswers

➮ Estate Planning Questions to Ask: http://bit.ly/EstatePlanningVideos

➮ Follow Estate Planning Playlist: http://bit.ly/PlaylistEstatePlanning

#Wisconsin
#Real_Estate
#Probate_Estate

Attorney Thomas B. Burton answers the following question:
"Do I Need to Establish an LLC in Colorado?"

Attorney Thomas B. Burton answers a reader question about whether they need to set up and form a separate LLC in Colorado for their business that is based in Wisconsin.

Want to set up an LLC and not sure where to start? Download a FREE copy of my 5 Step Wisconsin LLC Startup Guide here: https://bit.ly/3hKKLro

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
http://bit.ly/BurtonLawLLC

#LLC
#Colorado
#Wisconsin

Attorney Thomas B. Burton answers the following question:
How Do I Go about Getting My Siblings, with Whom I Own a Land, to Buy Me Out?

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.

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#Land_Law
#Wisconsin
#Estate_Planning

Attorney Thomas B. Burton answers the following question:

In Wisconsin Does a Handwritten Will Need a Witness if it Is Dated and Signed by the Deceased?

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/38bxIvb

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#will #attorney #legalvideo #handwrittenwill #wisconsin

Attorney Thomas B. Burton answers the following question:
"Do Legal Zoom Wills Hold Up in Court?"

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.

Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

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#Wisconsin #LegalZoom #wills #legalzoomwill

Attorney Thomas B. Burton answers the following question:
"If Two People Have a Quitclaim Deed with Joint Tenancy, Can One of the Two Sever That Contract On His Own?"

Want to know what type of estate planning documents are best for your situation?
Download a free copy of my easy estate planning guide.
Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
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▸ Follow Estate Planning Playlist: http://bit.ly/PlaylistEstatePlanning

#EstatePlanning
#RealEstate
#Wisconsin
#BusinessLaw

Attorney Thomas B. Burton, of Burton Law LLC, in Eau Claire, Wisconsin is joined by Attorney Matthew Underwood, of Underwood Legal, LLC in Madison, Wisconsin and together they answer a reader's question about what to do with a check the reader received from Met Life as a beneficiary of an insurance policy. The attorneys discuss how these funds received from her deceased sister may affect her SSI benefits and discuss strategies to plan for the funds and maintain eligibility for government benefits.


Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide.

Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

➮ Subscribe to Attorney Thomas B. Burton, Burton Law LLC Channel:
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 #MetLife
#LLC
#Real_Estate

Attorney Thomas B. Burton explains how "Flow Through" taxation works for an LLC that elects to be taxed as a partnership and discusses why flow through taxation can avoid the "double taxation" potential of a C corporation.

Attorney Thomas B. Burton discusses how a Revocable Living Trust can hold title to property in different states, helping you to avoid multiple probates in multiple states and also discusses how to get property in one state into your trust formed in another state.

Attorney Thomas B. Burton discusses the benefits of limited liability protection afforded by an LLC but also explains why you should always include the letters "LLC" on your signs, letterhead, and business cards when conducting business on behalf of your LLC.

Attorney Thomas B. Burton discusses the situation where someone named as a backup trustee in a Revocable Living Trust dies before the person who made the Trust (the Grantor) dies.

Attorney Thomas B. Burton explains a special IRS rule for married LLC members in Wisconsin and discusses how this IRS rule works for two members LLCs in Wisconsin where the only members are a married couple.

Want to learn how to set up an LLC for your new business? Check out my Free 5 Step LLC Start-Up Guide that shows you exactly the steps you need to take to get your LLC all set up and legally operating. You can download your Free Guide Here: https://bit.ly/38bxIvb

#Married
#LLCmember
#Wisconsin
#SpecialRule

Attorney Thomas B. Burton discusses how you can amend or change a Revocable Living Trust and also explains the point at which the Trust can no longer be changed and becomes irrevocable.

Attorney Thomas B. Burton explains how a standalone HIPAA release can be very useful as part of your comprehensive estate plan.

Attorney Thomas B. Burton discusses how many trustees you can name as Trustee of your Revocable Living Trust and discusses some of the pros and cons of naming multiple trustees or co-trustees.

Attorney Thomas B. Burton discusses one of the most valuable tax deductions available to homeowners when they sell their home and discusses how the recent changes to the tax code enacted into law for 2018 apply to this valuable home sale tax exclusion. There is a $250,000 home sale tax exclusion available per person for your principal residence and if you are married you can double it to $500,000 and potentially shield $500,000 in capital gains on your principal residence from any capital gains tax when you sell it. This is one of the best legal tax minimization strategies out there, but it only works if you know and understand the ownership and use tests applied by the IRS as explained in this video.

Want to know what type of estate planning documents are best for your situation? Download a free copy of my easy estate planning guide. Obtain Your Free Will vs. Trust Estate Planning Guide here: https://bit.ly/3jxgz3R

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#TaxDeduction
#RealEstate
#Wisconsin

Attorney Thomas B. Burton discusses the top 3 reasons why a Limited Liability Company (LLC) can be a great choice for your new small business venture.

Attorney Thomas B. Burton answers the question about what minimum amount of assets are needed in order to form a Revocable Living Trust in Wisconsin and discusses some of the common reasons people use Revocable Living Trusts as part of their estate plans.

Attorney Thomas B. Burton explains the steps necessary to start a sole proprietorship in Wisconsin and gives some practical advice on getting your sole proprietorship business off to a great start.

Confused about how to set up an LLC for your new business? Check out my Free 5 Step LLC Start-Up Guide that shows you exactly the steps you need to take to get your LLC all set up and legally operating. You can obtain your Free Guide Here: https://bit.ly/38bxIvb

Attorney Thomas B. Burton discusses the Top 3 Reasons you should consider avoiding probate for your estate and discusses why many people choose to avoid probate in order to make the disposition of their estate efficient and as pain free as possible for their heirs after their death.

Attorney Thomas B. Burton discusses how life insurance works as part of your estate planning and discusses why a comprehensive estate plan fills in gaps that life insurance does not cover.

Attorney Thomas B. Burton explains the three basic levels of planning for your estate, which he calls (1) No Plan, (2) Will Plan, and (3) Trust Plan. Attorney Burton explains in this video why even if you have no plan for your estate, your state statutes have laid out a plan for the disposition of your assets. Attorney Burton also explains how you can opt out of the statutory plan for your estate by forming your own Will or Trust based plan.

Attorney Thomas B. Burton discusses which assets you should put into your Revocable Living Trust and which assets should be left outside the trust for tax reasons or other practical considerations.

Visit my website for more information at www.theburtonlawoffice.com

Attorney Thomas B. Burton explains how what funding your Revocable Living Trust means and why it is important to place assets into the Trust during your life, if you want your trust to be as effective as possible at your death.

Attorney Thomas B. Burton discusses why you should consider keeping a Revocable Living Trust that was formed before August 1, 2014 for Medicaid planning purposes in the state of Wisconsin.

Attorney Thomas B. Burton discusses some of the powers and duties of a Trustee of a Revocable Living Trust and their role in administering the trust.

Attorney Thomas B. Burton discusses estate planning techniques for leaving the family cabin or cottage to your children or heirs in Wisconsin and Minnesota. Attorney Burton discusses some common strategies and pitfalls to be aware of when considering ways to pass on your family cabin to the next generation.

Wisconsin Attorney Thomas B. Burton answers the following question that many people pose to their lawyer when forming their estate plan: Should they use a will or a trust in their estate planning?

Attorney Thomas B. Burton explains the difference between a Revocable Living Trust and an Irrevocable Trust and talks about some of the situations where each type of trust is appropriate as part of your estate plan.

Attorney Thomas B. Burton explains the uses of a testamentary trust, especially for parents of minor children and how useful a testamentary trust can be as part of your comprehensive estate plan.

Attorney Thomas B. Burton explains how a Revocable Living Trust can be a useful tool when you own property in two states, such as a home in Minnesota and a cabin in Wisconsin.