05
Oct

Check your beneficiaries lately?

Wynn at Law LLC always encourages estate planning clients to check who they’ve elected as beneficiaries of their accounts and policies. Not all assets are distributed by or through a will. Some accounts, such as retirement funds and life insurance policies, let owners name beneficiaries for that particular asset. Here are a couple of examples...
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21
Sep

Despite the waning of foreclosures, it is still ‘Buyer Beware’

There are two particular situations when we encourage Wynn at Law, LLC real estate clients to do as much home-buying due diligence as possible: Foreclosures and Relocations.
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07
Sep

Skipping the real estate inspection can be costly

Wynn at Law, LLC knows the cost of a real estate inspection may seem a little bit steep with all the other closing expenses to bear, but it’s well worth it in the end. The cost will vary based on the size of the house, but between $300 and $500 is a good estimate in Walworth...
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24
Aug

Remember the safe deposit box

Estate planning clients often give much thought to avoiding probate (see related article). Wynn at Law LLC helps jog your memory to make certain you haven’t ‘forgotten’ an asset that would trigger probate. A common one forgotten, as an example, is the safe deposit box. Yes, banks still have them in the vault. In fact,...
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17
Aug

Home builder contracts should reflect your interests

Touring builders’ model homes can be intoxicating. They’re so flawless with very feature you’ve imagined into your dream home. Wynn at Law LLC knows the exhilaration because we’ve been on the same tours of spec properties. Before you rush into the builder’s agreement – which undoubtedly will reflect their best interests first – here are...
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10
Aug

Transfer on Death Deeds eliminate probate

When any of Wynn at Law LLC’s clients own real property in Wisconsin, we look at a Transfer on Death Deed (commonly called a TOD Deed or a TODD) to see if it is a suitable fit for their estate plan. It can sometimes wipe out the need to go to probate court, which is...
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03
Aug

Flipping real estate advice for buyers, sellers, and speculators

Wynn at Law LLC has noticed a recent resurgence of real estate ‘flipping.’ Late-night cable and radio stations are again saturated with ads touting the wild income potential of acquiring and liquidating the same piece of property within the shortest possible time frame. Flipping is legal – as long as it’s done on the up...
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27
Jul

The power of advanced directives

There are dozens of intersections in life that call for an attorney’s insight. Wynn at Law LLC gladly steps in to advise clients who have reached those intersections, like bankruptcy or buying a home. One of the most emotionally taxing of the intersections is how to handle the decisions at the end of a life,...
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20
Jul

Flood damage and selling a property

The record-setting flooding we saw in Walworth, Racine, and Kenosha counties brings to mind an important disclosure topic for real estate transactions… but first, our thoughts and hearts at Wynn at Law, LLC go out to everyone impacted by the flooding. We hope things return to normal for all of you as quickly as possible.
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