People often put off estate planning due to negative connotations over the subject. Planning for what happens if you become incapacitated or die may be seen as a morbid topic. Is this really the case? The reality is that having a sound estate plan in place can bring...
Dealing with the death of a loved one can be quite difficult. During the grieving period, the last thing on everyone’s mind is usually settling the deceased’s estate. However, this is inevitable. At some point, you will have to talk about the deceased’s estate and...
Special needs trusts are often used by parents who want to provide for their disabled adult children long after they are gone -- but they don’t want the assets they leave behind to interfere with their child’s access to public benefits, like Supplemental Security...
People with adult or near-adult children sometimes choose to leave assets to them in the form of a trust that places conditions on their receipt of those assets. These are typically referred to as “incentive trusts” or “conditional trusts.” The conditions that...
All adults need an estate plan to protect themselves and their families. If you have a child with special needs, it becomes even more critical. One tool you should consider is a special needs trust. These have some unique attributes that can help with your family...
Minnesota couples who have significant assets want to protect them for their children and future generations. An estate plan is a legal tool that can preserve your assets, reduce your tax liability and leave a financial legacy for your heirs and chosen beneficiaries....
An executor in Minnesota essentially serves to fulfill the wishes of a deceased individual regarding their personal property. Once a decedent passes away, someone must be responsible for working with an attorney and ensuring that everyone listed in the will gets what...
Taking care of your family when you’re no longer around can be difficult, and sometimes a will isn’t enough to cut it. Some parts of estate planning may seem like they’re out of your league, but you might be surprised how much they could help. Nearly half of all...
