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Resources

What Happens When You Inherit Money From a Trust?

October 29, 2021

If you are the beneficiary of money from a trust, you may wonder what happens next and what your obligations and requirements are once you receive the funds. As a beneficiary of trust funds, you do not want to make any mistakes in the handling of your newfound assets. It is helpful to understand the types of trusts so you know what taxes you must pay.

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What are Employment Contracts and Should I Sign One?

October 18, 2021

A well-written contract can be beneficial to both employers and employees. There are some things to know about employment contracts before you make the decision to sign one.

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Can a Trustee Withhold Money from a Beneficiary?

October 1, 2021

The death of a loved one is undoubtedly a stressful time in your life. After a relative passes away, the person’s trust will be reviewed and dispersed. A trustee is the person assigned to oversee the trust. Many people wonder whether a trustee can use his or her power to withhold money from a legal beneficiary. It is helpful to understand the role of a trustee and his legal responsibilities and obligations.

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What is Escrow and How Does it Work?

September 24, 2021

Real estate transactions can be complicated. Both the seller and the buyer often have issues with the sale. Escrow is an account that holds funds back until the terms of the contract are fulfilled. Escrow is helpful because it protects both the buyer and seller and allows the sale to go through rather than waiting for the issues to get resolved first. Money or assets placed in escrow are held by a third party until the completion of the specific requirements. Escrow may be on behalf of the buyer or the seller.

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What are the Different Types of Property Deeds?

September 17, 2021

There are a variety of different types of property deeds, so it is helpful to understand their differences and uses.

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How to Settle an Estate Without a Will

September 10, 2021

What happens when someone dies without a will? Without a will, the distribution of assets is left to state law. Learn more about intestate succession (when someone dies without a will, they are said to die intestate), and the legal process in place for handling the estate and distributing assets of a decedent.

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What Factors Determine Spousal Support in a Wisconsin Divorce?

September 2, 2021

The judge in a divorce case generally has latitude to determine spousal support in Wisconsin. There are a number of factors that the judge uses to decide alimony.

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Can Wisconsin Businesses Require Their Workers to Get a COVID-19 Vaccine?

August 27, 2021

Business owners and managers need to know whether they can require workers to get a COVID-19 vaccine and what to do about employees who refuse to comply.

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What Issues Do Businesses Face with Hiring Right Now?

August 20, 2021

Hiring employees post-pandemic is an issue plaguing many companies. Learn more about what businesses can do to overcome the hiring issues.

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Can a Trustee Remove a Beneficiary?

August 13, 2021

While generally the trustee cannot make changes to the trust, there are circumstances where it may be possible.

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