Monthly Archives November 2019

A Time for Thanks and Diligence

Thanksgiving began as a time to give thanks for an abundant harvest. It has evolved into a family celebration, a time to give thanks for the good people and good things in our lives. Who are you thankful for? Your high school honor student who is preparing for college? Your spouse who keeps everything organized and running? Your aging mother or father who still hosts the whole family at Thanksgiving or Christmas? Along with being thankful, take steps to ensure your loved ones are properly prepared. Your eighteen year old college student needs a healthcare power-of-attorney (POA), perhaps your spouse
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the Non Probate Transfer of Real Property

Last year, the State of Wisconsin made it much easier for residents to transfer property upon their death to their designated beneficiaries. Under Wisconsin Act 332, residents can now transfer their real estate to any beneficiary on any document, as long as its recorded with the County where the residence is located. Prior to Act 332, the transfer had to be accomplished solely via a Transfer on Death Deed. Just like other beneficiary designations, such as a life insurance policy or a POD beneficiary on one of your accounts, the designated beneficiaries do not have any ownership interests in the
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Slow Down and Save Lives

We’ve all heard about the terrible accidents that have occurred so frequently recently on I-94 in Racine County.  Some of us have even been stuck in the inevitable hours-long backups that have resulted.  Since the most easily identified cause of these accidents is excessive speed, the Racine County Sheriff’s Department and the State Patrol have increased their enforcement actions.  Fines for speeding in a work zone are double the normal fines and can be as much as $650.00.  The lower speed limits apply whether workers are present or not, day or night.  Slow down, leave early, stay off of I-94
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No Probate?

Clients often come into my office wondering how to transfer assets from a loved one who has passed away.  They ask if there is an easier process to transfer assets after death instead of probate.  When the total amount of the assets is under $50,000, then a shortened process is available to people in Wisconsin.  It avoids the need to go through the court system for a formal or informal probate process.  Transfer by Affidavit documents can be prepared to transfer these assets.  The process does become a little more complex when the asset is real estate since documents need
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