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May 2018 Archives

Child support numbers

Some political commentators allege that single parents in Wisconsin and the rest of the country are receiving excessive amounts of child support. However, according to the figures provided in the Custodial Mothers and Fathers and Their Child Support report, this is not the case.

Family discussions about money aid estate planning

Parents in Wisconsin might hesitate to discuss financial matters with their children. Estate planners, however, warn that this communication failure might undermine parents' desire to build a legacy and transfer wealth. Heirs might be poorly prepared to manage new assets. Ideally, benefactors should inform their heirs about their plans as early as possible. They could explain their reasoning and goals for preserving wealth for the next generation.

Establishing paternity with or without the parent's cooperation

There are a number of benefits to establishing paternity in Wisconsin. While the child benefits from the financial support the birth father provides, the father benefits from being able to have a legally-recognized relationship with the child. Paternity can be voluntarily or involuntarily established.

When can a seller cancel the sale of the house?

Buying a home can be a stressful experience. While it has its moments of excitement, including the handing over of the keys, you will likely go through a lot of frustrations to get to that point. Some of them you may expect, for example when the home inspection finds a list of issues to resolve. However, you may not expect the seller to back out at the last minute.

Retiring business owners can plan for the future

As Wisconsin entrepreneurs turn their minds to retirement and succession planning, there could be some important considerations to keep in mind. There are over 12 million businesses in the country owned by members of the baby boom generation, now approaching or over the standard retirement age. Transitioning away from business leadership can take a number of forms depending on the vision that an entrepreneur has for the future of the company.

About joint legal custody

One of the issues Wisconsin parents have to address when they go their separate ways is the custody of their children. Joint legal custody is one of the options that may be available to them.

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