Estate Planning
State ex rel. Kalal v. Circuit Court for Dane County, 2004 WI 58
The Wisconsin Supreme Court has accepted review on Kalal, the seminal statutory interpretation case in Wisconsin. What does it mean? The case holds that statutory interpretation should primarily focus on the language enacted by the Legislature. Courts have a duty to apply the law as written. While outside sources such as legislative history can sometimes…
Read MoreDo I need a Will?
When is it time to draft a will? Planning for the future is important, and in facing the unpredictability of life, you may find yourself with questions surrounding wills. A will is a legal document that designates where your property will go after you pass, and who will raise your children if they are still…
Read MoreWho gets my mom’s estate in my divorce?
Questions about Divorces and Inheritance? Dividing assets can be complicated and often leads to difficult questions. Wisconsin follows a marital property approach, which states that any property acquired during the marriage is presumed to be owned equally by both spouses. This means that property acquired during the marriage is generally considered to be owned equally…
Read MoreWho can make a Will? And can it be revoked?
Who Can Make a Will in Wisconsin? What Steps Do I Need to Follow? In Wisconsin, “Any person of sound mind 18 years of age or older may make and revoke a will.” Wis. Stats. 853.01. While this rule gives most adults the ability to execute a will, there are still some particular formalities that…
Read MoreThinking about your Estate Plan during the COVID 19 Pandemic.
Have you been considering your Will? Trust? Powers of Attorney? Advanced Directive? Petit & Dommershausen, SC, law firm is here to help with your legal needs during these difficult times. A Well Crafted Estate Plan is an important consideration for everyone, especially now. While considering one’s death and dying or incapacity is unpleasant, a Well Crafted Estate Plan can…
Read MoreEstate Planning Minute
Interested in learning more about Estate Planning? Attorney Nathan J. Wojan offers a brief outline on the topic in this video. Interested in learning more? Call him at 920-739-9900
Read MoreEstate Plans/Will Reviews? When should I review my plan?
How often should you review your estate planning? If you have a complex estate, you should review your plan on a biannual basis but it is always a good idea to review your plan after any life changing event occurs. Here is a quick reference on times you should definitely review and revise your plans:…
Read MoreWHAT HAPPENS TO DEBTS AFTER A LOVED ONE DIES?
Debts After Passing Away When a loved one dies, either the personal representative or an heir is likely going to have to figure out the finances, including any financial obligations. All of their assets (i.e., bank accounts, businesses, cars, real estate, etc.) are all lumped together into what is called an estate. If the estate…
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