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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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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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What You Should Know About The National Association of Realtors (NAR) Settlement In 2019, a class action lawsuit was filed against the National Association of Realtors (NAR) and other national brokerage firms alleging that NAR’s rule (which required brokers to advertise on the Multiple Listing Service (MLS) that a seller would compensate the buyer’s agent)...
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A blank last will and testament form with a pen laying over it.
What happens in the State of Wisconsin when you die without an estate plan? Intestate Succession: When someone who lived in the state of Wisconsin dies without an estate plan, they are said to have died “intestate” and are thus entitled to the state’s laws of intestate succession. In other words, the state decides what...
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