My firm and I are very proud to be active in the childhood cancer community. The... more
My firm and I are very proud to be active in the childhood cancer community. The over 20 chichood cancer foundations our firm represents raise over 1.5 Million dollars a year for childhood cancer research, awareness and patient care. My daughter Annie's Gold In September project is well on its way to being the leading childhood cancer awareness organizaton in the country. Please visit www.gold... view profile
Ms. Diane K. O'Connor is a graduate of Smith College and Marquette University Law... more
Ms. Diane K. O'Connor is a graduate of Smith College and Marquette University Law School. She received certificates in Trust Administration from Northwestern University and Advanced Estate Planning from the American College. Attorney O'Connor is a Fellow of the American College of Trust and Estate Counsel, and a member of the Wisconsin and Milwaukee Bar Associations. She is a Past Chair and Di... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.