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Questions Answered by Peter Navis
2 Answers | Asked in Real Estate Law for Wisconsin on
Q: How is the power of attorney supposed to sign the document
Peter Navis
Peter Navis answered on Feb 22, 2012

The following format is required by Wisconsin Statutes for Powers of Attorney created under Ch. 244.

.... (principal's name) by .... (your signature) as agent.

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1 Answer | Asked in Real Estate Law for Wisconsin on
Q: Differnce between joint tenants and joint tenants with rights of survivorship
Peter Navis
Peter Navis answered on Feb 22, 2012

Generally, in Wisconsin, there is no material difference between joint tenants and joint tenants with rights of survivorship. There can be a material difference, depending on the wording, if the parties are husband and wife. Whenever property rights are involved, especially as between husband and... Read more »

1 Answer | Asked in Real Estate Law for Wisconsin on
Q: Does adverse possession apply to federal land
Peter Navis
Peter Navis answered on Feb 22, 2012

Generally, one cannot acquire title to federal land by adverse possession as one would under 'normal' adverse possession law. However, there is, in my opinion, a little known law named the Color of Title Act, which establishes a procedure by which an individual may be able to obtain clear title of... Read more »

1 Answer | Asked in Real Estate Law for Wisconsin on
Q: I want to devide 9 acres into 3 acre plots and deed to 3 grandsons. Can I do that?
Peter Navis
Peter Navis answered on Feb 22, 2012

Yes. You can do that. However, determining the best method to accomplish that, including surveys, deeds, taxes, and other documents, and determining whether any local zoning issues might be involved can only be adequately addressed by an attorney hired to assist you in the process.

1 Answer | Asked in Estate Planning for Wisconsin on
Q: What is the difference between formal and informal administration of an estate?
Peter Navis
Peter Navis answered on Feb 22, 2012

The primary distinction is that formal administration is overseen by a judge whereas informal administration is overseen by the Register in Probate. If there are going to be issues that must be decided by a judge (contested will provision, for example), then formal administration is the way to go.... Read more »

1 Answer | Asked in Estate Planning for Wisconsin on
Q: AS A LIFE INS BENEFICIARY RECEPIENT, IS THE "INHERITED" MONEYS SHARED WITH A SPOUSE?

MY FRIEND LOST HER GRANDSON IN THE ARMED FORCES, WAS LISTED AS A BENEFICIARY ON HIS LIFE INSURANCE POLICY. IS HER HUSBAND ENTITLED TO HALF OF IT, OR IS IT PROTECTED UNDER WISCONSIN STATUTE 815.18 (2)(5K)? EXCLUSIONS OF MARITALL PROPERTY IN THE STATE OF WISCONSIN

Peter Navis
Peter Navis answered on Feb 22, 2012

Generally, proceeds from a life insurance policy will be considered individual property, rather than marital property. However, it is possible for individual property to lose its status as individual property if it gets mixed with marital property.

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