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Scheduled personal property covers an item at its full value. For example, if you have a watch that’s worth $15,000, you can schedule it for that amount with your condo, ...
Personal property is a standard coverage on a homeowners insurance policy. It covers belongings like furniture and clothing, paying up to a certain limit if they are stolen or damaged by a covered ...
If you’re paying for insurance on your home and your possessions, you should do a personal property inventory once a year to make sure you get full coverage. Here's everything you should document.
LSA’s fiscal note estimates that business personal property owners will pay an extra $130 million, mostly because the exemption was cancelled. The exemption would have saved them that much had it ...
On June 20, 2023, Governor Tony Evers signed 2023 Act 12 (“Act 12”) into law. Notably, Act 12 repeals Wisconsin’s personal property tax. The repeal takes effect on January 1, 2024 and ...
In Wisconsin, the personal property tax makes up a very small part of the state's revenue. With the repeal of the tax, the state would have to make up an estimated $174 million to local ...