Resources
Many times, agricultural land use is obvious and it will therefore be easy to classify it as a farm. However, multi-use property and other situations may make it difficult to know whether land can be classified as farmland or agricultural. Before you buy, sell, or rent farmland, it is necessary to understand the specific qualification under which it is classified.
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A person can only legally sign a document such as power of attorney if they understand it. If they are in the latter stages of dementia, this may not be possible. In that situation, you are not automatically in charge of the parent’s finances. You must go to court to obtain legal authorization.
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You may be worried that if you file bankruptcy, you must sell your car and fear that you will be left without transportation. The good news is that generally, you will be able to keep your vehicle when you file bankruptcy. When you file Chapter 7 bankruptcy the trustee will be able to sell your property in order to repay your debts. There are some exceptions governed by U.S. federal and state bankruptcy laws.
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Wisconsin Code Chapter 701.19(2)(d) states that “a trustee may not sell individually owned assets to the trust unless the sale is authorized in the creating instrument, made with written consent of all beneficiaries, or made with the approval of the court upon notice and hearing.” However, it is important to note that the trustee is allowed to act based on the intentions of the grantor. There are some instances where the trustee may sell property.
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Employers want to keep their employees and customers safe from harm and therefore, in many cases, they have requested employees to get the COVID-19 vaccine. If employees cannot receive the vaccine due to health reasons, employers may then put in place COVID restrictions such as requiring the use of face masks, keeping people at a distance from each other, and more. In addition, employers may request employees to undergo COVID testing on a regular basis. But, who pays for the testing?
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Wisconsin is a community property state. This means that assets acquired while you are married are to be divided equally between spouses when the marriage ends.
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Whether you own a home or are considering purchasing one, it is important to understand easement rights. An easement is a grant that allows another party to use someone else’s land. It is best to make sure that you understand the easements of your property before you purchase or complete construction of any type on the land.
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If you are the beneficiary of money from a trust, you may wonder what happens next and what your obligations and requirements are once you receive the funds. As a beneficiary of trust funds, you do not want to make any mistakes in the handling of your newfound assets. It is helpful to understand the types of trusts so you know what taxes you must pay.
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A well-written contract can be beneficial to both employers and employees. There are some things to know about employment contracts before you make the decision to sign one.
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The death of a loved one is undoubtedly a stressful time in your life. After a relative passes away, the person’s trust will be reviewed and dispersed. A trustee is the person assigned to oversee the trust. Many people wonder whether a trustee can use his or her power to withhold money from a legal beneficiary. It is helpful to understand the role of a trustee and his legal responsibilities and obligations.
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