Easements can and do expire in Wisconsin as a matter of law. Even if they are “perpetual.” Even if they are in use. Even if they provide access.Consider This ScenarioJill owns Parcel A on First Street. The neighboring parcel on
Every fall most estate planning professionals start looking for the release of the annual Revenue Procedure that announces federal inflation-adjusted numbers for the coming year. These include the estate tax applicable exemption amount, the gift tax annual exclusion, and the
“Transferring your copyrights to this living trust will activate the copyright termination right.”Estate planning professionals who have never uttered those words may inadvertently have thwarted their clients’ objectives.The copyright termination right (17 USC 203) can be little known
When is a cow not a cow? When it is part of a herd at a Concentrated Animal Feeding Operation (CAFO), which means that the cow is actually 1.4 “animal units.”A CAFO generally involves a farm operation with more than
Many parents worry about how their children are going to be able to afford college. Therefore, it has become relatively common for parents to fund 529 plans in order to save for their children’s college education.Parents can receive a Wisconsin
On Dec. 22, 2017, the Tax Cut and Jobs Act (Act) was signed into law.Two major changes made by the Act impact charitable contributions for tax years between Dec. 31, 2017, and Jan. 1, 2026 (the effective period for the
Firearms require special consideration in an estate or revocable living trust administration, especially for a personal representative or trustee who does not own or have a general familiarity with firearms. This article is intended as a practical guide for the
In 2017 Wisconsin Act 67 (effective Nov. 28, 2017), the legislature has enacted new statutory provisions affecting local governments’ consideration of conditional use permit (CUP) applications.BackgroundThese provisions appear to have been adopted as a response to the Wisconsin Court of
Benjamin Franklin is credited with the oft-repeated saying, “If you fail to plan, you are planning to fail.”This statement is very realistic in its application to the long-term ownership and management of family properties. Many clients have fond memories of