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If you apply for long-term care Medicaid in Wisconsin, your IRA will almost certainly be counted as an available asset. Whether it’s a traditional or Roth account makes no difference. However, the same type of account held by your spouse at home will be ignored entirely. That split shapes nearly every planning decision a married… Read more

A suppressor bought in Wisconsin today without federal registration may still be a felony under state law. This detail is getting lost in the news about the ATF. Federal enforcement has changed this fall, but Wisconsin’s statutes have not. Does a gun trust still matter for most Wisconsin owners of suppressors and short-barreled firearms? Yes…. Read more

There is a fear every parent carries from the first sleepless night: What happens to my child when I am not here to hold everything together for them? For some parents, that fear dulls with time as the child matures and ultimately carves out their own path. For parents of a child with a disability,… Read more

Artificial intelligence has quickly become part of everyday life, including in the legal world. Today, a person can type “Create a will for me” into an AI chatbot and receive a polished-looking document within seconds. It may use legal terminology. It may appear organized and professional. It may even seem personalized to the user’s situation…. Read more

A revocable living trust only controls property titled in its name. Sign the trust agreement, file it in a safe place, and leave your home and accounts in your own name. Much of what you own will still be subject to probate court proceedings. That is exactly what the trust was designed to prevent. Unfunded… Read more

Wisconsin law can change parts of your estate plan without your knowledge. A divorce may cancel some gifts. A new spouse or child may receive a share that you never mentioned in your will. Consider these seven events as review points for your estate planning. 1. Marriage or Remarriage Marriage doesn’t cancel a will that… Read more

Whoever holds the original has 30 days from the date of learning of the death to file it with the probate register. This duty applies even if the family has decided that an estate does not need to be opened. Wis. Stat. § 856.05 makes anyone who ignores this liable to every person affected by… Read more

You cannot sign a power of attorney for your mother. Wisconsin requires her to understand what she is giving up when she signs. Once she has forgotten that point, the window of opportunity closes, and all that remains is a petition for guardianship in Waukesha County Court. Collins Law Firm sees this gap more often… Read more

A single-member LLC in Wisconsin dissolves 90 days after the death of the member, unless someone with authority accepts a new member before the deadline. The clock doesn’t wait for the family to find an operating agreement, it doesn’t pause for grief, a funeral or the four weeks it takes to open a probate file…. Read more