Wyoming Probate, Trusts & Estate Planning

Wyoming Probate, Trusts & Estate Planning Attorneys

Are your assets tied up in complicated financial instruments?
Wondering whether you should draft a will or a trust?
Are you a beneficiary and feel like you’re being cheated?

Reach out to the wills and estates lawyers in our Burg Simpson Wyoming at 307-527-7891 or fill out our Free Case Evaluation Form so we can represent you when drafting your will or addressing an estate dispute.

Our Probate, Trust, and Estate Planning Lawyers Can Handle Legal Issues such as:

Will and trust validity
Will and trust contests
Beneficiary disputes
Contested heirship
Mental capacity and undue influence
Guardianship disputes
Contested powers of attorney
Creditor claims
Breach of fiduciary duty and investment claims
Basics of Estate Planning and Probate

Wyoming Probate Trusts & Estate Planning Attorneys

Legally speaking, probate is nothing more than the act or process of proving a will. Of course, the reality is more complicated than that and involves a court, a judge, and lawyers. There are three different types of probate in Wyoming, including:

  • Informal Probate: Most of the state’s probate proceedings fall into this category. Estates that don’t have any disputes among heirs or creditors can typically be resolved this way.
  • Unsupervised Formal Probate: This court proceeding requires a judge to approve some of the executor’s actions, such as sale of real property, asset distribution or settling attorney’s fees. This process is needed when there are disagreements among relevant parties.
  • Supervised Formal Probate: In more complicated – or hotly contested – estates, supervised formal probate is required. This simply means that the court must oversee and authorize every step of the probate process.

Estate planning, on the other hand, is the process of planning for and organizing the distribution of one’s assets upon death or permanent incapacitation. Additionally, such planning often takes place with an eye toward minimizing any tax implications and, if possible, avoiding probate altogether.

The most common financial instruments used in estate planning are:

  • Wills: This is the estate tool everyone’s heard of, and the easiest for directing the distribution of an estate. It takes effect upon the testator’s death and must go through probate.
  • Trusts: Trusts are a lot like wills, but take effect as soon as it’s signed and allow the estate to avoid probate, which is public and often costly.
  • Advance directives: These are additional documents used to communicate the wishes of the testator in the event of their incapacitation. These can include a healthcare proxy, durable power of attorney, and a living will.

The team in our Burg Simpson Wyoming office is recognized by US News and World Report as among the best law firms in America for this type of work with an excellent reputation when it comes to fighting for our clients’ best interests. Managing conflict in estate and probate disputes is what we do best, including those between family members and involving third parties, such as banks and other corporations. We represent clients in trust and estate litigation matters in and out of the courtroom including civil and appeals courts.

Burg Simpson Wyoming’s living trust lawyers represent beneficiaries and fiduciaries involved in the administration of a trust or the probate of an estate, especially those that are disputed or involving substantial amounts of money. Contact us today by calling 307-527-7891 or by filling out a Free Case Evaluation Form right now.

How Does Wyoming Handle Your Estate?

In Wyoming, not every estate has to go through probate. Generally speaking, if an estate’s value is less than $200,000, it is classified as a “small estate”, and can avoid probate altogether.

Among larger estates, there are certain types of assets that are exempt from probate, as well. Instead, these assets transfer upon the owner’s death automatically. These can include:

  • Joint tenancy assets: These are assets tied to two parties, so that when one joint tenant dies, the survivor immediately assumes ownership. This is referred to as the “right of survivorship”.
  • Beneficiary designations: Retirement accounts and life insurance policies include provisions for named beneficiaries. Upon the policy owner’s death, these beneficiaries are entitled to the account’s assets or policy proceeds.
  • Payable on death accounts: Bank accounts provide for designated beneficiaries, too, which allows the transfer of assets upon the account holder’s death.

There’s so much more to planning for your loved ones than buying a life insurance policy. Don’t put your family’s financial security at risk. Speak with a Burg Simpson Wyoming trust and estate attorney by calling 307-527-7891 today.

Burg Simpson Wyoming Can Help Secure Your Future

If you’re struggling to get your estate plan organized or if you’re caught up in a dispute involving a loved one’s estate and you believe your rights have been violated, a Burg Simpson estate attorney can help. Get in touch with our Wyoming attorneys as soon as possible at 307-527-7891 today or fill out our Free Case Evaluation Form HERE.

University of Cincinnati Honors Janet G. Abaray

 September 11, 2018

University of Cincinnati Honors Janet G. Abaray

The University of Cincinnati’s College of Arts and Sciences has chosen Burg Simpson Ohio shareholder Janet G. Abaray as part of a trio of alumni who’ll be honored at a reception and dinner Oct. 4. The association named Abaray as its 2018 Distinguished Alumna. This annual event recognizes A&S alumni for their achievements in their… Read more »

Colorado Law Firms Join Forces to Seek Justice for Victims of the Durango 416 Fire

 September 10, 2018

Colorado Law Firms Join Forces to Seek Justice for Victims of the Durango 416 Fire

September 10, 2018 (Durango, CO)—The long-time Durango law firm of DUTHIE SAVASTANO BRUNGARD has teamed up with the nationally recognized Colorado-based trial firm of BURG SIMPSON ELDREDGE HERSH & JARDINE to bring justice to the victims of the Durango 416 Fire and to hold the owners, operators and management of the Durango & Silverton Narrow… Read more »

Burg Simpson Supports the National Latino Peace Officers Association

 September 5, 2018

Burg Simpson Supports the National Latino Peace Officers Association

September 4, 2018 (Denver, CO)- Burg Simpson Eldredge Hersh & Jardine, P.C., and Burg Simpson shareholder Nick Fogel, are proud to support the National Latino Peace Officers Association (NLPOA) at their 45th annual Training Institute and Convention. The event will take place at the Omni Interlocken Hotel from September 5th through September 8th. Hosted by… Read more »

Michael S. Burg Wants the State to Do More to End Body Brokers

 September 4, 2018

Michael S. Burg Wants the State to Do More to End Body Brokers

After the feds raid shut down a Montrose, Colorado, funeral home in February, it didn’t take lawmakers long to crack down on the state’s body broker trade. Legislators quickly drafted and passed the Human Remains Disposition Sale Businesses Act, which went into effect earlier this summer. The law prevents anyone from owning both a funeral… Read more »

VIDEO: Michael Burg Interviewed on Ring of Fire TV

 April 1, 2013

VIDEO: Michael Burg Interviewed on Ring of Fire TV

Burg Simpson’s Michael S. Burg is one of America’s leading lawyers when it comes to representing individuals injured by dangerous and defective medications. In this interview Michael talks to Ring of Fire T.V. host Mike Papantonio about immunity afforded to the makers of generic pharmaceutical drugs and the role of the FDA.

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