The process of creating a custody agreement for a child of divorced parents is sometimes a difficult task. Joint custody, often referred to as “shared custody,” is the result of a court awarding custody of a child to both parents after a divorce. Parents in Wisconsin who find themselves trying to work out a joint… Continue reading Custody law in Wisconsin
Wealthy people in Wisconsin know all about the estate tax exemption that was passed in 2018 as part of the Tax Cut and Jobs Act. That piece of legislation essentially doubled the amount of non-taxed gifts that people were able to leave to their family members. Unfortunately, this provision is set to expire in 2025.… Continue reading Changes to estate taxes
Starting a business is the dream for many Americans. Entrepreneurial spirit is strong in Wisconsin, where people start all kinds of companies. Most small business people put a lot of thought into the services and products they want to offer. But many don’t put enough thought into the structure of their new business. In the… Continue reading Legal considerations for business formation
If your Wisconsin divorce case progresses far enough, you should be prepared for it to go through something called the discovery phase. This can be a very involved part of the case when there is plenty of information being exchanged. Here is what you should know. The process of discovery In discovery, both you and… Continue reading The importance of discovery in divorce
Dealing with debt is a large source of stress for many people in Wisconsin. Debt can be a huge burden and it’s easy to let the stress overwhelm you. If you are having financial trouble, you are not alone. Many people find themselves in debt at one time or another in life and many people… Continue reading How Can I Cope With My Debt?
As economic times continue to be uncertain, the impact is being felt by individuals in every walk of life. Farmers in Wisconsin have been battling the economic crunch over the last several years as they continue to distribute milk into a market that has become oversaturated, perhaps to the point of putting the people who… Continue reading Farm bankruptcies in Wisconsin
Bankruptcy allows consumers in Wisconsin a legal a legal way out of debt. Many debtors hesitate to file because of the hit to their credit scores. However, when most debtors file bankruptcy, their score has already lowered significantly. After the bankruptcy discharge, debtors commonly see their credit scores rise within a year. How long does… Continue reading When does bankruptcy make the most sense?
Life’s goals often change over time, and even a happily married couple can wind up in a Wisconsin divorce court. Many older Oshkosh-area couples go through a so-called “gray divorce” near their retirement years. Yet others might get divorced at younger ages but still after having established rewarding careers and earning many assets. A lot… Continue reading New marriage requires estate planning revisions
When filing for bankruptcy, many business owners in Wisconsin choose to file for Chapter 7. However, Chapter 13 can be a great option for business owners who meet the qualifications. While businesses aren’t eligible for Chapter 13 bankruptcy, their owner can file for Chapter 13 individually. What makes Chapter 13 different from Chapter 7? When… Continue reading Why should business owners file for Chapter 13 bankruptcy?
Once a divorce in Wisconsin has been finalized, parents might think that the worst of the emotional strain is over. But this can change if their child suddenly announces that they want to live with their other parent. This can be challenging for the parent, but it’s important for them to consider their child’s feelings… Continue reading How parents can listen to their children after a divorce