You’ve got to hand it to them: You nearly believed them when they said you were a partial owner of land that you inherited but never knew existed. They had names, dates, even a specific plot, supposedly with mineral rights, that you would never have been able to locate on your own....
Category: Asset Protection
Wisconsin Estate Planning: Estate Planning Scams: What Seniors Need to Know
Creating an estate plan is an important step in protecting your loved ones and ensuring that your assets are distributed according to your wishes. Unfortunately, scammers know that people who want to safeguard their estates are often willing to act quickly.
Even a carefully drafted estate plan can be...
Why Title of Real Estate Matters in Madison, Wisconsin
Real estate can be owned in several different ways. The form of ownership, or how your property is titled, can determine how much control you have over it, how vulnerable your property is to creditor claims and lawsuits, and what will happen to it at your death.
Individual Ownership
Estate Planning as a Love Language: Protecting Those Who Depend on You in Wisconsin
We all have different ways of giving and receiving love, and those preferences can reveal a great deal about us.
You may be the type who expresses love with words, telling people you care about them or crafting carefully worded messages for someone when they need encouragement. Or maybe...
National Regifting Day: Regifting for Your Future
During the holidays, we usually receive at least one gift that, let’s face it, falls a bit flat.
When we were young, it might have been an itchy sweater from Grandma or a toy from Mom and Dad that we had outgrown. As adults, maybe someone got your clothing...
Do You Go By Different Names in Madison, WI? Ensure That Your Estate Planning Attorney Knows
What is in a name?
If you are a beneficiary or a creditor of an estate, or if you are setting up an estate plan, your name means a great deal.
It is not unusual for a person to go by different names, such as the...
3 Asset Protection Tips You Can Use Now in Madison, WI
A common misconception is that only wealthy individuals and people in high-risk professions, such as doctors or lawyers, need an asset protection plan. However, anyone can be sued. A car accident, foreclosure, unpaid medical bills, or an injured tenant can result in a monetary judgment that could crush your finances.
The Estate of Richard Simmons: Sweatin’ the Small Stuff
Fitness icon Richard Simmons, known for his flamboyant personality, high energy, and trademark attire, passed away in July 2024 following a fall at his Los Angeles home.
Because of a legal dispute between his longtime housekeeper, Teresa Reveles Muro, and his brother, Leonard (Lenny) Simmons, the estate of the...
Michael Jackson’s Estate Sells Music to Sony for $600M
Michael Jackson passed away in 2009, but the settling of his estate continues more than 15 years after his death due to a lingering tax dispute with the Internal Revenue Service (IRS) and other legal challenges, including a lawsuit brought by his mother over a deal to sell part of his music...
Spring Cleaning: Lists You Need to Get Your Affairs in Order
Americans’ median household net worth (meaning half the households have more and half the households have less) is around $193,000, while the average net worth is just over $1 million, according to the Federal Reserve, the central bank of the United States.[1] The median gives a more accurate picture because...