The Business Lounge Podcast

This article will discuss how you can get alimony considerations in your petition, and how you may combat against alimony considerations. Read the full article here: https://www.oflaherty-law.com/learn-about-law/how-do-i-get-alimony-in-wisconsin-wisconsin-divorce-and-maintenance O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questions regarding a ca...

Although the Probate Act provides a structure for guardianship, several aspects of Illinois guardianship law remain vague. Many Illinois probate courts apply various interpretations of legal standards or practices, or none at all. Read the full article here: https://www.oflaherty-law.com/learn-about-law/your-ultimate-guide-to-illinois-guardianship O’Flaherty Law now serves over 105 counties across...

There are times in life when you don’t take things at face value. You get multiple estimates from contractors when having work done on your home. You take your car to multiple mechanics when it needs major repairs. You seek a second opinion when a doctor gives you a major diagnosis. The same should apply to your legal needs. Read the full article here: https://www.oflaherty-law.com/learn-about-law...

Starting the Wisconsin adoption process is an exciting milestone for any expanding family, but it may also be scary due to the complexities of the regulations. Read the full article here: https://www.oflaherty-law.com/learn-about-law/the-wisconsin-adoption-process-explained O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questions regarding a case or...

If you have ever had trouble securing a conventional mortgage loan, you may have heard of H.U.D. homes as an alternative for those who don’t traditionally qualify for homebuying. Read the full article here: https://www.oflaherty-law.com/learn-about-law/what-is-a-hud-home-in-iowa-and-do-i-qualify O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questio...

It is critical for justice and equity to have a way to challenge assessments. Local boards of review ("BORs") in Wisconsin provide this access to property owners. Read the full article here: https://www.oflaherty-law.com/learn-about-law/how-to-appeal-your-wisconsin-property-taxes O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questions regarding a c...

Can members and managers of an Illinois LLC still operate confidently knowing they may no longer be immune to liability under the recent changes to the law? In this article, we discuss how the Illinois LLC Act was amended effective January 1st, 2020, and answer the following questions: how was tort liability handled for Illinois LLCs before 2020?, how is tort liability handled for Illinois LLCs in...

When it comes to eviction, Wisconsin balances the rights of the landlord, with the rights and needs of the tenant. If you have been sent an eviction notice, or you need to begin the eviction of a tenant in Wisconsin, understanding this process and what your rights are is the first place to start. Read the full article here: https://www.oflaherty-law.com/learn-about-law/an-in-depth-guide-to-the-wis...

When it comes to eviction, Wisconsin balances the rights of the landlord, with the rights and needs of the tenant. If you have been sent an eviction notice, or you need to begin the eviction of a tenant in Wisconsin, understanding this process and what your rights are is the first place to start. Read the full article here: https://www.oflaherty-law.com/learn-about-law/an-in-depth-guide-to-the-wis...

A Chapter 13 is better to a Chapter 7 in a number of scenarios. If you are behind on your mortgage or business payments and wish to keep your property, you must file a Chapter 13.

When a property goes into probate, there is much to consider and many decisions that need to be made. Court's are responsible for probate litigation and this guide gives you insight into how some decisions are made and what will come of a real estate property that has entered probate administration.

The credit shelter trust, also known as a Family Trust, has long been the gold standard for estate planning.   With each spouse able to move over $5 million adjusted for inflation and federal portability without a sunset clause, the issue of whether credit shelter trust preparation is still appropriate or advisable has emerged. The reality is that the credit shelter trust is still a great choice b...

Real estate contracts can be very complex, and necessitate the experience of professionals. Common issues in Wisconsin real estate contracts have been the result of untrained or undertrained real estate agents who have made some type of transactional error. Read the full article here: https://www.oflaherty-law.com/areas-of-law/3-things-to-avoid-in-your-wisconsin-real-estate-contract O’Flaherty Law...

Understanding what qualifies for capital gains tax, when to realize capital gains or capital losses, and what your capital gains tax rate will be is a good place to start. Once you have this information, you can work out a capital gains tax calculator to give yourself a good idea of what your capital gains tax payment will look like. Read the full article here:https://www.oflaherty-law.com/learn-a...

In this episode, we have a multi-7 figure agency owner on, Justin Christianson, who will discuss how he built his current 7 figure agency off of a $1,500 investment. This isn't the first 7 figure agency he has built so he will talk about his experience in his prior agency as well as his current one. If you are looking to figure out ways to grow and have business partners, this episode is for you!...

Involvement in a family law case is often stressful, and can take a severe financial and emotional toll on all parties involved. Read the full article here: https://www.oflaherty-law.com/learn-about-law/why-you-need-a-second-opinion-on-your-iowa-family-law-case Perhaps you have found yourself involved in a complicated family law matter and decide that you need to speak with an attorney. You then r...

A Chapter 13 is better to a Chapter 7 in a number of scenarios. If you are behind on your mortgage or business payments and wish to keep your property, whether in Wisconsin or another state, at the end of the bankruptcy procedure, you must file a Chapter 13 bankruptcy. A Chapter 13 bankruptcy permits you to make up missed payments over time while also restoring your original mortgage agreement. Re...

Improv and Storytelling Essential for Success? According to Jim Waszak, ‘YES!’ Almost sounds counterintuitive now doesn’t it? But Jim Waszak, President of Success Enhancement, Inc, - and independent consulting firm that assists businesses improve top line revenue growth and bottom line profitability – firmly believes that this is so. Improv enables you to master spontaneity in a relevant way and s...

To commit a crime, a person must intend to do an act which is against the law. The person does not need to know the act is against the law, if the person knew they were doing the act voluntarily. If the action was made by mistake or accident, then a crime did not take place. Read the full article here: https://www.oflaherty-law.com/learn-about-law/iowa-criminal-law-intent-to-commit-a-crime O’Flahe...

Any gift is taxable in theory, although there are a few significant exceptions. Gifts of tuition or medical costs paid directly to a medical or educational institution for another person, for example, are not taxable. Read the full article here: https://www.oflaherty-law.com/learn-about-law/wisconsin-gift-tax-explained-and-federal-gift-tax O’Flaherty Law now serves over 105 counties across Illinoi...

Parents are not always able to take care of their children. These situations may have arisen as a result of death, injury, or some other circumstance. Read the full article here: https://www.oflaherty-law.com/learn-about-law/recent-changes-to-iowa-guardianship-laws-2021 In such cases, another individual, usually a family member or acquaintance, may petition the court for legal authority to care fo...

Child custody is often the most contentious part of a divorce. Understanding the court’s decision-making process while keeping abreast of any changes in Illinois child custody law is critical in pursuing your rights as a parent. Working with a qualified Illinois child custody attorney can make the difference. Read the full article here: https://www.oflaherty-law.com/learn-about-law/recent-changes-...

While Wisconsin regulations do not compel you to hire an attorney to help with an informal estate administration, you are free to seek legal counsel or services at any time during the process. Read the full article here: https://www.oflaherty-law.com/learn-about-law/how-to-file-an-informal-estate-administration-application-in-wisconsin O’Flaherty Law now serves over 105 counties across Illinois, I...

This article discusses key information regarding Informal Estate Administration in Wisconsin. ‍ Read the full article here: https://www.oflaherty-law.com/learn-about-law/personal-representative-responsibilities-in-informal-estate-administration-in-wisconsin O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questions regarding a case or would like to sp...

A statement in a Will designating who should serve as personal representative does not automatically entitle you to begin executing personal representative duties. Read the full article here: https://www.oflaherty-law.com/learn-about-law/being-a-personal-representative-in-wisconsin-estate-administration O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any...