When it goes into effect on January 1, 2024, a provision tucked inside the Corporate Transparency Act (the “CTA”) will impose lengthy new reporting requirements on many business entities, including many single-member LLCs. The final rule recently issued by the U.S. Treasury Department’s Financial Crimes Enforcement Network clarifies the scope and applicability of these new […]
Growing up on a seventh-generation dairy farm, Mykayla knows firsthand the hard work and long hours that go into running a family or closely held business.
Estate Planning Attorney Ashley Hawley kicks off the conversation about Mixed Family Dynamics by talking about Wisconsin’s default rule in her latest vlog. The concept of the default rule is the state of Wisconsin has a law purporting to know what an individual would want in the event they have a mixed family situation and […]
Ruder Ware is pleased to announce the addition of Wisconsin Rapids-based Attorneys J.P. La Chapelle and Eric Preu to its team. La Chapelle, whose family has deep ties to the area, has practiced in Wisconsin Rapids for more than a decade. “Joining Ruder Ware will allow us to offer a broader range of legal services […]
About 98 percent of U.S. farms are family-owned, according to the U.S. Department of Agriculture. So most farm owners are not surprised that an important part of farm succession planning is balancing the expectations of and promises to their children. In drafting a farm succession plan, the farm owner will be asked to make the […]
While working at a local bank in Edgar, Ruth saw firsthand how clients who’d just lost their spouse struggled with settling an estate when no pre-planning had been done.
In her latest vlog, Estate Planning Attorney Shanna Yonke shares what a self-proving affidavit is and why having one makes it easier for your loved one after your death. Video Transcript: My name is Shanna Yonke and I’m an attorney on Ruder Ware’s Estate Planning Team. To make a valid will in Wisconsin you […]
Last week in Helix Energy Solutions Group, Inc. v. Hewitt, the Supreme Court affirmed employees must be paid a fixed salary of $684.00 per week to be considered “exempt” under the popular administrative, executive, and professional exemptions. The case involved Michael Hewitt, an oil rig worker who was paid a daily rate. His paycheck, issued […]