Authors: Attorney Daniel J. Schlichting & Law Clerk Sarah E. Schuchardt Phone: (608) 257-0945 Email: dschlich@hbslawfirm.com A divorced spouse can receive a portion of their ex-spouse’s social security benefits. However, there are certain requirements in order to be eligible: You must be unmarried; You must be at least 62 years old; Your marriage to your […]
Daniel J. Schlichting
Bank Mutual v. Sherman’s Lesson: Revoke Guaranties at Time of Divorce
Authors: Attorney Daniel J. Schlichting & Law Clerk Sarah E. Schuchardt Phone: (608) 257-0945 Email: dschlich@hbslawfirm.com In Bank Mutual v. Sherman, 2015AP2357 (WI App 2017), the court concluded that Bank Mutual could enforce Bohringer’s guaranty of Sherman’s debt against Bohringer and his farm, even though the new debt was incurred after the parties divorced. ¶ […]
Lessons in Estate Planning from Warren Buffett
Authors: Attorney Daniel J. Schlichting & Law Clerk Elizabeth L. Spencer Phone: (608)-257-0945 Email: dschlich@hbslawfirm.com Warren Buffett is quoted as saying that, “[t]he perfect inheritance is enough money so that [children] feel they can do anything, but not so much that they could do nothing.” 1 At the 2013 Berkshire Hathaway annual general meeting Buffett was asked […]
Celebrity Estate Planning Mistakes that Everyone Should Avoid
Authors: Attorney Daniel J. Schlichting & Law Clerk Elizabeth L. Spencer Phone: (608)-257-0945 Email: dschlich@hbslawfirm.com Long after their deaths, celebrities often remain in the news because of disputes over their estate plans. Whether it is from a complete lack of planning or the result of proper planning, but never updating, the issues that arise in […]
Tax Consequences of Divorce
Authors: Attorney Daniel J. Schlichting & Law Clerk Elizabeth L. Spencer Phone: (608)-257- 0945 Email: dschlich@hbslawfirm.com Divorce presents numerous changes and challenges. One that does not often immediately come to mind is the effect that divorce will have on an individual’s income taxes. In the process of finalizing a divorce, the court may order that […]
Marital Property Agreements
Authors: Attorney Daniel J. Schlichting & Law Clerk Elizabeth L. Spencer Phone: (608)-257- 0945 Email: dschlich@hbslawfirm.com The Wisconsin Court of Appeals recently released a decision interpreting a clause, deemed to be ambiguous, of a pre-marital, or pre-nuptial, agreement. The Court held that the agreement required reimbursement of voluntary payments by one spouse toward the debts […]
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