Estate Planning

Estate Planning

At Ruder Ware we strive to make a difference – and we appreciate differences. We enjoy working with a wide variety of clients to address their immediate and long-term estate planning needs. Our clients include couples with young families, small business owners, corporate executives, retirees, dairy producers, and philanthropists. We listen carefully and respond with innovative and flexible strategies designed to preserve, enhance, and transfer our clients’ assets as they desire.

Personal Client Services
Our estate planning attorneys apply their creativity, knowledge of the law, and drafting skills to tailor cost-effective estate plans for each client’s circumstances. They do not use a one-size-fits-most approach. Depending on your circumstances, our attorneys are able to provide a wide range of services, including:

  • Income, gift, and estate tax planning
  • Prenuptial Agreements
  • Marital Property and Domestic Partnership Agreements
  • Probate avoidance
  • Planning for the sale or retention of a family business
  • Planning for the financial security of family members
  • Planning gifts to charities and individuals
  • Guardianship
  • Special needs planning
  • Durable Powers of Attorney for Financial Matters
  • Powers of Attorney for Health Care and Living Wills
  • Wills
  • Trusts (including trustee services if requested)
    • Revocable and Irrevocable Living Trusts
    • IRA Protection Trusts
    • Irrevocable Life Insurance Trusts (ILITs)
    • Qualified Terminable Interest Property (QTIPs) Trusts
    • Qualified Personal Residence Trusts (QPRTs)
    • Grantor Retained Annuity Trusts (GRATs)
    • Generation-skipping Trusts
    • Charitable Remainder Trusts
    • Charitable Lead Trusts

Peace of Mind Through Organization
We also help clients organize their affairs to reduce the cost and simplify the administration of their estates. This includes coordinating beneficiary designations of life insurance policies and retirement plans, properly titling assets, and assisting with the collection of information that will be necessary for estate administration.

We Work With Your Trusted Advisors
Our attorneys will work directly with your accountant, financial planner, life insurance agent, and other professional advisors to ensure that the various components of your estate plan are integrated properly.

Founded in 1920, Ruder Ware provides business, employment, estate planning, and litigation services through its offices in Wausau, Eau Claire, and Green Bay, Wisconsin.  A full-service law firm, over 40 attorneys provide clients with a one-stop approach to their legal needs. Ruder Ware, Business Attorneys for Business Success.

  • Guardianships: What are They? What is the Process? Does it Apply to Me?

  • Estate Taxes: What You Need to Know

  • Financial Powers of Attorney

What is the Estate Tax and How Does it Work?

Posted on February 17, 2021 by

Earlier this month, I provided a very brief overview of the estate tax in a vlog.  You can view the vlog here.  In this blog post, I’ll expand on estate tax basics. What is the estate tax?  At its foundation, the estate tax is a tax imposed on the transfer of property upon death.  It […]

Stimulus Payments: When Should I File My 2020 Taxes?

Posted on February 11, 2021 by

With Congress still negotiating a third round of stimulus payments, you should carefully consider when to file your taxes this tax season.  Tax season begins February 12th and ends April 15th.  Filing your taxes earlier or later within that time period may determine whether or not you receive the third stimulus payment and how much […]

Holiday Giving: Will My Gifts Have Tax Consequences?

Posted on December 14, 2020 by

The holiday season is a time of giving! With Christmas arriving next week, you might be rushing to find last minute gifts for the special people in your life. Have you considered potential tax consequences of those gifts? The annual gift exclusion for 2020 is $15,000. This means that an individual donor may gift $15,000 […]

View More Trusts & Estates Blog Posts

Trusts & Estates VLog

What is the Estate Tax and How Does it Work?

Posted on February 17, 2021 by

Earlier this month, I provided a very brief overview of the estate tax in a vlog.  You can view the vlog here.  In this blog post, I’ll expand on estate tax basics. What is the estate tax?  At its foundation, the estate tax is a tax imposed on the transfer of property upon death.  It […]

Stimulus Payments: When Should I File My 2020 Taxes?

Posted on February 11, 2021 by

With Congress still negotiating a third round of stimulus payments, you should carefully consider when to file your taxes this tax season.  Tax season begins February 12th and ends April 15th.  Filing your taxes earlier or later within that time period may determine whether or not you receive the third stimulus payment and how much […]

Holiday Giving: Will My Gifts Have Tax Consequences?

Posted on December 14, 2020 by

The holiday season is a time of giving! With Christmas arriving next week, you might be rushing to find last minute gifts for the special people in your life. Have you considered potential tax consequences of those gifts? The annual gift exclusion for 2020 is $15,000. This means that an individual donor may gift $15,000 […]

Peter, Paul, and Mary Should Make Large Gifts – Now!

Posted on July 30, 2020 by , and

Peter, Paul, and Mary have done well for themselves. Each has a nice home, a seasonal residence, and a large IRA. Coincidentally, each also has an additional $11 million worth of real estate, savings, brokerage accounts, and closely-held business interests. We advised Peter, Paul, and Mary that in 2020 each has a federal gift and […]

IRS Provides More Retirement Plan and IRA Relief

Posted on June 24, 2020 by

Yesterday, the IRS issued additional guidance regarding two hot topics over the last six months: the waiver of the 2020 required minimum distributions (RMDs) from retirement plans and IRAs, and the change in the required beginning date for RMDs from age 70 ½ to age 72. Extension and Expansion of 60-Day Rollover for 2020 RMDs […]

IRS Provides Information on Where to Send Deceased Individual’s Stimulus Check

Posted on May 7, 2020 by

On the same day we published the article My Deceased Family Member Received a COVID-19 Stimulus Check, Now What? the IRS provided guidance on how to return stimulus payments that were made under the CARES Act to deceased individuals. If your deceased family member or relative received a paper check by mail, you should follow these […]

My Deceased Family Member Received a COVID-19 Stimulus Check, Now What?

Posted on May 6, 2020 by

There has been significant publicity surrounding the issue of deceased individuals receiving stimulus checks under the CARES Act.  It is far more common than you may think, simply because of the speed in which our government operated to send out the payments.  The stimulus checks were issued to individuals that met certain income requirements and […]

You Have Been Named as an Agent Under a Wisconsin Power of Attorney: Now What?

Posted on April 29, 2020 by and

Maybe you were informed ahead of time or maybe you found out when you were first called upon to act.  In any event, someone (a parent, a sibling, a friend, a neighbor) named you as their agent or attorney-in-fact under a Wisconsin power of attorney for finances.[1]  Now what?[2] What Are Your Rights and Responsibilities?  […]

IRS Extends 60-Day Rollover Deadline

Posted on April 17, 2020 by

In our recent blog post, The Early Bird RMD Doesn’t Get the Tax Relief Worm, we provided guidance regarding the suspension of required minimum distributions (RMDs) under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).  We advised that if you already took your RMD for 2020, the CARES Act may allow you […]

Charitable Giving in the Age of COVID-19

Posted on April 15, 2020 by and

As many churches in our area celebrated Easter in their parking lots or over video recordings, we cannot help but think what impact the coronavirus is having on not just churches but other local nonprofit organizations in our communities.  Loss of jobs or lowered salaries have left many people cutting non-essential expenses, including club memberships […]

More Insights...