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If you are considering acquiring real estate with a spouse, family member, business partner, or any other individual, you will be required to specify how title will be taken to that property. In Wisconsin, there are three ways to take title to real estate: as tenants in common, through joint tenancy, or through marital property....
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Whenever you experience a change in circumstances, such as moving states and acquiring new property, it is always a good idea to review your estate planning with an attorney to ensure that it up to date with current state laws and reflects your current wishes. If you have recently moved to Wisconsin, that is a...
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petition to file for bankruptcy paperwork
Filing for a Chapter 7 bankruptcy allows you to discharge unwanted unsecured debt and get a fresh start on your finances. Unsecured debt is any debt that is not backed by an asset, such as credit cards, medical bills, payday or personal loans, judgements, and garnishments. If you and your spouse are struggling with these...
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What does it cover and how does it work? Wisconsin’s Small Estate Affidavit statute allows estates under $50,000 to avoid probate and instead be transferred via affidavit. See Wis Stat. §867.03. It can be used by an heir, a trustee of a revocable trust, a person named in the decedent’s will, or a guardian after...
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Issue – Overhanging Trees: Suppose your neighbor does not perform regular maintenance on trees located on your adjacent property line. As a result, the branches are overgrown, not pleasant-looking, and provide too much shade in an area that you had previously used for sun-bathing. You want your neighbor to cut the tree branches so that...
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If you are considering filing for bankruptcy, you should hire an experienced bankruptcy lawyer to help you manage the process. Bankruptcy laws are incredibly complex. A lawyer will make declaring bankruptcy easier, faster, and more successful. Although you are allowed to file for bankruptcy yourself, it is often an expensive mistake. In this article, you...
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Estate planning clients often give much thought to avoiding probate. 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, it’s a common...
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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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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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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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