One of the most aggravating and potentially costly situations for a Wisconsin business is one in which it confronts a party to a contract that indicates it has no intention of satisfying its obligations under the agreement. These are a number of essential elements to...
Estate planning is one of the more important tasks undertaken by residents of Wisconsin. A key consideration is the manner in which your designated adult beneficiaries will receive the assets intended for them. There are three frequently used methods through which...
One of the most exciting and potentially rewarding ventures in someone's life is starting a business. If you are planning to do this, you might consider bringing on a partner. But what happens if you enter into a bad business partnership in Wisconsin? Fortunately,...
One of the most common challenges of getting divorced is dividing your assets between you and your spouse. You'll need to consider shared bank accounts, credit cards and retirement accounts in addition to other property that you own in Wisconsin or another state. Most...
There are a number of reasons that people in Wisconsin may want to create an estate plan that helps them avoid having their assets pass through probate before going to beneficiaries. If your estate is small enough, probate is generally not necessary. However, people...
In many cases, financial assets pass to beneficiaries per the terms of a beneficiary designation. It may also be possible to transfer a Wisconsin home, car or other tangible assets by using such a document. As a general rule, it is a good idea to review your...
When Wisconsin residents don't see a way out of debt, they have the option of bankruptcy. Bankruptcy helps them eliminate certain debts through repayment under Chapter 13 or liquidation under Chapter 7. However, the debtor may wonder what may happen to their business...
Estate planning can be a complicated topic all on its own. If you have a blended family, this can become an even trickier topic to handle. There are more people involved in your estate planning, and more aspects to consider. Ultimately, you want to answer as many...
After decades of operation, Cici's Pizza has announced that it's filing for bankruptcy. The pizza buffet chain once had over 300 locations across the United States, including a few in Wisconsin. Unfortunately, these stores haven't been bringing in the income that the...
The rough year that was 2020 followed a 2019 that was especially hard on farmers. With two straight difficult years behind us, it’s increasingly likely that family farmers will need to rely on special protections afforded by the bankruptcy code. In a review of the...
