Divorce later in life can impact both personal matters and your financial security. For many individuals approaching retirement, decades of careful saving are tied up in pensions, 401(k)s and IRAs. Ending a marriage often brings difficult questions about who keeps...
You think about your child’s future every day, like their safety, education and who they will become. But few parents stop to consider who would guide them if you couldn’t. In Minnesota, that question carries real legal weight, and the answer depends on choices you...
When someone dies, their estate must go through the legal process of probate before the assets are passed on to beneficiaries. Some estates can be settled relatively quickly, while others require closer oversight. That’s where the distinction between formal and...
Ensuring your family's financial security is important to you. Therefore, you created a will that will pass on your wealth when you die. But if you haven't structured your estate plan to avoid probate, they could be waiting months before receiving any of your assets....
Life is full of change. From new beginnings to unexpected challenges, each period of life brings unique opportunities and responsibilities. As life grows and changes, so do the ways you protect your future and care for the people you love. One important tool for doing...
Property division is one part of a divorce. It can grow contentious, and it can also be very complicated. As much as it seems easy to divide a bank account in half, other assets are not so simplistic. For example, many couples buy homes together during marriage. If...
Minnesota requires home sellers to provide buyers with a written disclosure before signing a purchase agreement. This disclosure must include all known material facts that could negatively affect the buyer’s use or enjoyment of the property. The disclosure must be...
Retirement benefits have become more important as inflation and economic problems make saving harder than ever. If you’re facing divorce, it’s normal to worry about losing or greatly reducing your 401(k) and other retirement accounts. The good news is that you won't...
Going on vacation is the highlight of the year for many people. Some people take it a step beyond normal vacation planning and opt to purchase a timeshare. These are legally binding transactions in which the purchaser buys a share of a vacation property. The...
The inheritance that family members, friends and other loved ones receive from an estate can provide comfort while they grieve. The inherited property can also serve as a way to remember the person who passed. After someone dies, their loved ones may inherit most of...
