Wisconsin marital property law changes estate distribution
Basil Holder explains how Wisconsin’s new marital property concept reshapes wills intestate rules and probate. Spouses may inherit differently, with surviving partners sometimes receiving half while children from prior marriages share the remainder. The article urges making a will to name guardians and representatives, reduce probate time, and keep business intact.
MENTIONED IN THIS ARTICLE
Wisconsin
Expired commodity certificates pay cash to holders
Undersecretary Daniel Amstutz announced that original holders of generic commodity certificates expired between December 31, 1986, and March 31, 1987 may exchange them for cash. Requests must reach ASCS county offices by May 15 with the certificates and a cash-exchange request. payments equal face value minus 15 percent handling and 4.3 percent statutory deductions.
MENTIONED IN THIS ARTICLE
Daniel Amstutz
ASCS
Amstutz
Minnesota Farmers Earnings Rise 85 Percent in 1986
The 1,774 Minnesota farmers in adult farm management programs reported an average earnings of 17839 in 1986 up 85 percent from 1985 but still short of covering total expenses. Principal payments averaged nearly 7000 while family expenses totaled 20238, leaving limited funds for debt reduction or savings.
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Minnesota
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