Attorney Thomas B. Burton explains what the Wisconsin Statutory Basic Will is and gives instructions on how to obtain this form which is useful for people of modest or limited means who want to complete a Will but feel they do not have the resources to hire an attorney.
Transcript of Video: Wisconsin Statutory Basic Will for People of Limited or Modest Means
Today's topic is about a way to do
estate planning for people with limited or low
means Wisconsin has what we call a
statutory Will right in the Wisconsin
Statutes now I recommend working with a
qualified estate planning attorney to do
your estate planning if you have the
funds but if you have very limited funds
or have no funds the legislature has
provided a very simple Will form in the
Wisconsin statutes that anyone can
obtain print and fill out in order to be
valid you're going to need two witnesses
not related to you by blood or by
marriage and who are over the age of
eighteen to witness the Will but you can
go through the Will and designate who
you would like to receive your property
I like to make my clients and the public
aware of this information because there
are instances where people either cannot
afford my services or feel they cannot at
this time but I direct them to the
statutory Will it's a way to get
something in place so if you're one of
those people you can go to Wisconsin
Statutes look up the statutory Will or
google it and it's a basic starting
point for you to use now I have a lot of
custom features I design in my estate
plans and I'd encourage you to start
with that basic Will if that's all you
can afford and down the road contact me
for help but again it's called the
Wisconsin statutory Will it's right in
the statutes you can print that out and
use it as a Will for you and your family
Thanks for watching!
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Transcript and captions provided for ease of access for the hearing impaired.
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