Articles
Insight into Legal Developments and IssuesSpecial Needs Estate Planning
Special needs planning involves parents or caregivers who are interested in ensuring quality of life, advocacy and services to a child or individual with special needs. The planning itself is two-fold: First, parents and caregivers will want to be sure...
“As Is” Clause in Real Estate Agreement
When using an “as is” clause, the seller and the realtor are still obligated to make disclosures about the property, unless the buyers executed a valid waiver to receive the real estate condition report. Under Wis. Stat. § 709.01, the law requires that...
Health Savings Account Account (HSA)
Have a Health Savings Account? Do you know what happens to your HSA when you die? An HSA account is a tax-exempt, medical savings account that is available to United States taxpayers who are enrolled in a high-deductible health plan. Over the last few...
LLC Operating Agreement – Do I really need one?
As many people have learned, it is relatively easy to form a new limited liability company (LLC) these days. Often when new clients come in for business advice, they have already filed the Articles of Organization through the Wisconsin Department of...
Legal Separation or Divorce?
A physical separation of spouses is not a “legal separation” regardless of how long it has been since the parties have lived together. A “legal separation” occurs through a court proceeding that is almost identical to a divorce proceeding. There are two main...
Imperfect Title: A Survey Exception Primer
There is little risk in presuming that the majority of homeowners rate their property as their most important asset. Paradoxically, homeowners likely know more about their car insurance than the insurance purchased for the purpose of protecting legal title to their...
Beneficiary Designations
Clients often ask questions about the use of beneficiary designations in their estate planning. Beneficiary designations can be a convenient way to avoid probate in some situations. If an individual is named as a direct beneficiary on an asset, that asset passes...
Seller’s Closing Costs
Many sellers of real estate do not realize the costs associated with selling real estate in Wisconsin. I am frequently in meetings with clients and catch sellers by surprise when I start mentioning the fees that are associated with the standard offer to purchase form...
Seller’s “Right to Cure”
A Seller’s “right to cure” does not mean that the Seller must cure any defects uncovered during a home inspection. Rather, a Seller’s “right to cure” means that the Seller simply has the option to cure a defect once the Buyer notifies the Seller that there are defects...
Wisconsin’s Recreational Immunity Statute
Does Wisconsin's Recreational Immunity Statute protect you from liability? As the snow finally melts and spring arrives, our focus will be on enjoying the great outdoors in Central Wisconsin. Recreational activities that we enjoy may include hiking, biking, fishing,...
