Archived
Query regarding submission of death Claim on the deceased Bank holdings by Class-II legal heir under Hindu Succession Act.
Michael's answer
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Answered on June 19, 2015
I see that you're writing from Colgate, Wisconsin. Does this Hindu person also reside in Wisconsin? 'Reside' can be a tricky thing, sometimes. ...
Archived
If I buy dad's vacation home in Wisconsin on a land contract and my mom goes into a nursing home, what happens with the contrac
Michael's answer
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Answered on June 15, 2015
It's very relevant if your dad is selling the property for fair market value. If your dad is selling to a stranger, then it's safe to assume it's...
Archived
My stepfather passed away recently but didn't have a will. He has 4 children also that were born before my mother met him.
Michael's answer
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Answered on June 11, 2015
I would recommend re-asking your question with a location of Lawton, Oklahoma.
Because your father died intestate in Oklahoma, their laws would...
Archived
My 50year old sister received a large inheritance a few months ago. Recently she is hospitalized with an injury from alcohol
Michael's answer
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Answered on June 06, 2015
There's lots of options available to help offset medical costs - whether intermediate or long term in nature.
The first question is to find out...
Can a Wisconsin real estate referral agent legally receive a referral fee from a buyer of a home for finding the property in WI?
Michael's answer
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Answered on May 30, 2015
This is not an issue I've addressed before, so the following is more of a suspicion than an actual answer, but I don't think you can receive any...
Archived
I have signed a rental lease agreement for one year
If I don't move in what recourse does the landlord have toward me
Michael's answer
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Answered on May 28, 2015
Landlords generally don't mind if you don't move in as long as you're paying rent. I'm assuming that you're not going to pay for the year,...
Archived
As executor of my mothers estate, can I liquidate assets before the estate is settled in order to pay off her creditors?
Michael's answer
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Answered on May 18, 2015
In Wisconsin, we call an executor the personal representative of the estate. Personal representatives, who have been appointed by the court or...
Archived
I have a mortgage with First Merit Bank of Wisconsin. Can I do a land contract on the property with someone?
Michael's answer
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Answered on May 15, 2015
Almost certainly, no. Every mortgage I've seen includes a "due on sale" clause. If you transfer the property at all (save a few exceptions, like...
Archived
Mom passed; has will. No real estate. Life ins with beneficiaries and bank accounts pod. Is there an executor or personal rep
Michael's answer
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Answered on May 14, 2015
A personal representative (what Wisconsin calls an executor) is only appointed if a probate is opened. Until then, the person the will nominates...
Archived
Is the lease valid?
Michael's answer
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Answered on May 11, 2015
Those dates won't invalidate the lease. It was probably meant to say the move out was "3/31/16" and was supposed to be a year long lease. The...
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