Putting together an estate plan can feel like a hugely overwhelming process, especially if you’ve never thought about it before and don’t know where to start. While estate planning can be very paperwork-heavy, it doesn’t need to be. When you’re just getting started...
Elk River Minnesota Legal Blog
When should an estate plan be updated?
Planning an estate involves preparing for one's passing and ensuring that their possessions are transferred in accordance with the testator's wishes. Estate planning is a continuous process and that may mean it needs modifications. A person may need to change their...
Pet owners: Consider these estate planning points
Estate planning is a process that involves making arrangements for how an individual's assets will be distributed and responsibilities fulfilled after their death. While much of estate planning tends to focus on financial assets, real estate and care for dependent...
Can grandparents get custody of at-risk children in Minnesota?
Being a grandparent is one of life’s greatest rewards, but sometimes their joy is marred by fear and concern for the grandkids. Their own parents may be unable to care for them properly, leaving grandparents wondering what they can do about the matter. First, if you...
The importance of self-care during divorce
Self-care is of utmost importance during the challenging process of divorce. Divorce brings with it a range of emotional, psychological and practical stresses that can take a toll on one's well-being. Engaging in self-care practices is crucial for maintaining mental...
Is it possible to speed up a Minnesota divorce?
Divorce is never an easy process and it can be even more difficult when it drags on for a long time. In Minnesota, the minimum time frame for a divorce to be finalized is 30 days after the initial divorce paperwork is filed. However, the process can take longer than...
2 ways a trust can protect an inheritance
You do not have to leave an inheritance directly to an heir. You don’t have to cut them a check for $100,000, for example. Nor do you have to leave their inheritance vulnerable to creditors and disputes by articulating your wishes via your will. You can, instead, put...
How to protect your credit in a divorce
Divorce can be a challenging and emotional process, and taking steps to protect your credit during this time is essential. In a divorce, you must divide assets and debts. If you're not careful, it can significantly impact your credit score. Here are some tips on how...
2 things to know when buying a foreclosed home in Minnesota
If you’ve been in the real estate investment game for a while, you probably know that foreclosed properties tend to come with attractive deals. After all, foreclosure sales are distress sales. But foreclosure homes also come with a number of drawbacks; and one of...
What is the purpose of a home inspection?
You could go out today and purchase a home, but, in all likelihood, it wouldn’t be your dream home. That’s why many people spend months and years picking the perfect home. While all that effort may come to fruition and you found your dream home, there could be a major...