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Many of us have thought about and initiated plans for what will happen with our assets when we pass. However, it is important to consider whether those plans have unintended consequences. In this blog, we break down some of the most common estate planning mistakes that we see in the office and why hiring an...
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Is an inspection an automatic buyer right in Wisconsin? No. Buyers can only conduct an inspection if they ask for one as part of their offer to purchase. There are two ways to do this. A buyer can request an inspection under the inspection contingency, which gives the buyer certain rights if the inspection discloses...
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I bought a house with my significant other; we were never married, and now we broke up. What happens to the house? This situation is quite common – property is often bought jointly, with both party’s names on the title. (See our blog “Ways to Take Title to Real Estate” for more info). For example,...
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What is a land contract? Land contracts are written agreements between a buyer and seller of real estate in which the seller provides financing to the buyer on agreed upon terms. The property under the contract can range anywhere from vacant land to an apartment building. Once the parties have executed their agreement and the...
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Understanding a Credit Report and How to Find Yours: Credit reports are generated by three credit reporting agencies (CRAs) – Equifax, Experian, and TransUnion. Your credit report may vary depending on which agency the report comes from, as creditors can choose which bureau to report to and not all creditors report to every bureau. To...
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A. What the Managed Forest Law Program is Wisconsin’s Managed Forest Law (MFL) and Forest Crop Law (FCL) programs encourage private landowners to use their property for sustainable forestry by offering reduced property taxes.[1] The MFL program is the only program currently open for enrollment, as the FCL program was closed in 1986. Private landowners...
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What to Know Before Using Your Property as an Airbnb, VRBO, or Other Short-Term Rental In Wisconsin: 1. Know Wisconsin State Law Governing Short-Term Rentals In 2017, Wisconsin enacted a new short-term rental law to combat restrictions that municipalities and other local governments were placing on short-term rentals. The law defines short-term rentals as those...
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Attorney Shannon E. Wynn has been named to the 2024 Wisconsin Super Lawyers List.  Attorney Wynn has been named a Wisconsin Super Lawyer consecutively since 2021 and named a Wisconsin Super Lawyer Rising Star from 2012-2020.  Attorney Shannon E. Wynn has been selected to the 2024 Wisconsin Super Lawyers list. Each year, no more than...
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Woman holding hands near figures of house and family on wooden background, top view
Purchasing a home is usually one of the largest purchases individuals make during their lifetimes. Special care and consideration should be given to choosing any home – but especially a first home. It is likely that your first home will not be your forever home and therefore, when you eventually go to sell that first...
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How do I make sure my minor child is taken care of if I die? There is a common misconception that you can simply tell a trusted friend or family member that they are the person you would like to take care of your children in the event of your death. Unfortunately, a conversation like...
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