Addressing an aging parent’s estate plans can be challenging for everyone. People have had it drilled into their minds that it’s impolite to discuss money, politics and religion. While avoiding the latter two may still be wise, it’s never a good idea to avoid...
When selling your home, the conventional path of undertaking repairs and renovations may not always be practical or appealing. An increasingly popular in today's real estate market is the 'as-is' sale. Could this be the right option for you? The benefits of selling...
As you likely know, creating an estate plan is a crucial step in ensuring your assets are distributed according to your wishes. However, as your life evolves, you may need to update or replace your existing estate plan components. Keeping your plan current is wise,...
There are two types of property that spouses have to disclose to one another and possibly the courts when they divorce. Spouses need to prepare inventories accounting for their marital property and also their separate property. Assets that people already owned before...
As a minor child's parent, you need to think about their future when estate planning. In addition to leaving them an inheritance, you should choose a guardian to raise them to adulthood in case something happens to you and their other parent. Your child's guardian...
As you may know, probate involves administering a deceased person’s estate according to the estate planning documents they left behind. In the absence of a will, probate is still mandatory, but your assets will be distributed under Minnesota intestate succession laws....
Running a business involves making multiple decisions every day. While many of these decisions may be relatively minor, some of them can shape the entire future of the company. That’s why conducting due diligence is so important. Essentially, due diligence means...
An easement is a legal right that allows someone – other than the owner – to make use of a certain piece of property in a specific way. Easements crop up in real estate deals all the time. They’re commonly granted for things like shared driveways or access roads,...
Is it time to update your estate plan? Many people change their estate plans every three to five years. After about five years, many people have new assets they want to add to their estate plans. However, an estate plan can be changed at any time. Some people alter...
As a landlord, you do own the property. But if you have a tenant living in that property who has signed a rental contract, they have a right to privacy. Even as the owner, you cannot just enter their apartment whenever you want. Minnesota recently revised the law in...
