If you and your spouse have enjoyed a comfortable standard of living throughout your marriage, then you probably have significant personal property to split up when you divorce. Retirement accounts and pensions are often a focal point of negotiations after a divorce....
Elk River Minnesota Legal Blog
How can money from a special needs trust be used?
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...
What you need to know about spousal support in Minnesota
Alimony, commonly known as spousal maintenance in Minnesota, is usually one of the most important issues of concern during the divorce process. Some people worry that divorce will leave them financially vulnerable without spousal maintenance while others worry that...
Don’t let a conditional trust become “dead-hand control”
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...
3 advantages of a special needs trust
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...
Reasons to be hopeful for post-divorce life
If you and your spouse have recently decided to file for a divorce, you are likely to be feeling a wide range of emotions. Depending on the circumstances, you may be feeling relieved, angry, regretful or ashamed. It's common for those going through a divorce to feel...
How is property divided in a Minnesota divorce?
If you are facing divorce, you likely have a lot of questions about what will happen. You aren’t sure how divorce will impact your finances or if you will get to remain in the family home. Will you have to share retirement savings with your spouse? How will you split...
How divorce affects the family
Divorce is a stressful event for Minnesota families. Whether you are the plaintiff or the respondent, your entire family can be affected. The end result can be devastating for years to come, especially if children are involved. Harmful effects of divorce on children...
Preserve your estate via estate planning
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....
The role of an executor in Minnesota
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...

