Clair Law News and Articles

June: The Month for New Beginnings

We previously recognized Elder Law Month in May; reportedly due to the month getting its name from the Latin word for “elders” (which is “maiores” if you were interested). We are now entering into the month of June, which according to another theory, got its name from the Latin word for “juniores”, which roughly translates to “younger” (since it follows the month of May).

Real Estate Attorneys are On Your Side

Home sales reached record levels in Wisconsin during 2020, despite an economic crisis and high unemployment, caused by the Covid-19 pandemic. And it shows no signs of slowing down in 2021.

It is a Seller’s Market, with potential buyers submitting bids that are $10,000.00, $20,000.00, or even much more, above the original asking price. This in turn is causing a scarcity in available properties for sale, and it is very likely that prices will continue to rise, due to this demand.

Jennie Palmer Buckbee

Not Exactly the Edgar Allen Poe “Gravesite Toaster”

Who exactly was the “Poe Toaster”? For over seven decades, an unidentified person paid an annual tribute to American author Edgar Allan Poe by visiting the commemorative stone which marks his original grave in Baltimore, Maryland, in the early hours of January 19th, Poe’s birthday. This stranger would pour a glass of Martell cognac and raise a “toast”. He then arranged three red roses on the monument in a distinctive configuration and departed, leaving the unfinished bottle of cognac.

Clair Law: Reopening for In-Person Appointments and Conferences

Effective Monday, March 1, 2021, we will once again be welcoming clients into our Delavan and Lake Geneva offices for scheduled appointments. Our decision is based, in part, on Walworth County moving to Phase 3 of its COVID-19 reopening plan on February 18, 2021.
While we will have most of our client meetings either over the telephone or via Zoom meetings at this time, some cases call for in-person, face-to-face conversations. Together, we will determine which meetings can be held in-person on a case-by-case basis.

Wisconsin Supreme Court Increases Town Control of Lakefront Properties

Wisconsin Supreme Court Increases Town Control of Lakefront Properties

State of Wisconsin ex rel. Michael Anderson v. Town of Newbold

On January 27, 2021, in a 5-2 decision, the Wisconsin Supreme Court upheld the decisions of the circuit and appellate courts, finding the Town of Newbold had the authority to regulate the division of lakefront property regardless of whether the regulations were more restrictive than the state law.

Estate Planning 2021 and Beyond - Estate Taxes

The combined estate and gift tax exemption for the year 2021 is an astronomical $11,700,000 for individuals. Clair Law wants to make you aware that this combined tax exemption is scheduled to bounce back on January 1, 2026 to the sum of $5 million per individual (with future inflation adjustments). Everything that you own in your name is included in your estate for estate tax. It can include investment accounts, annuities, and life insurance proceeds - in addition to real estate and bank accounts. Additionally, property that you exercise substantial control over will also be included.

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The comments and opinions expressed in the blog are intended for informational purposes only and do not constitute legal advice. Reading or using the information in the blog does not create an attorney-client relationship between you and Clair Law Offices, S.C. or any of our attorneys.  The law is constantly changing and therefore the blog may contain dated material. For current law and how it relates to your particular facts and circumstances, consult Clair Law Offices or another qualified attorney licensed in your state.