Young and Ill, without Advance Directives
When you are a child, your parents serve as your decision makers. They have ultimate say in where you go to school, what extracurricular activities you partake in and where, and how, you should be...
View ArticleCan I Get In Trouble With the IRS for Trying to Reduce the Amount of Estate...
You’ve likely heard that one of the many benefits of estate planning is reducing the amount of federal, and state, taxes owed upon your passing. While it may seem like estate tax planning must run...
View ArticleTop 5 Overlooked Issues in Estate Planning
Top 5 Overlooked Issues in Estate Planning In planning your estate, you most likely have concerned yourself with “big picture” issues. Who inherits what? Do I need a living trust? However, there are...
View ArticleTestamentary vs Revocable Living Trust
The world of estate planning can be complex. If you have just started your research or are in the process of setting up your estate plan, you’ve likely encountered discussions of wills and trusts....
View ArticleHow Long Until You Receive Your Inheritance?
If you’ve been named a beneficiary in a loved one’s estate plan, you’ve likely wondered how long it will take to receive your share of the inheritance after his or her passing. Unfortunately, there’s...
View ArticleIs a copy of a will sufficient?
Many people keep their important documents at home where they are easily accessible. It’s not at all uncommon to find people with a filing cabinet or even a shoe box containing passports, account...
View ArticleWhat To Do When A Loved One Dies?
What to Do after a Loved One Passes Away The loss of a loved one is a difficult time, often made more stressful when one has to handle the affairs of the deceased. This may be a great undertaking or...
View ArticleCan You Remove A Trustee?
Removal of a Trustee In creating a trust, the trustmaker must name a trustee who has the legal obligation to administer it in accordance with the trustmaker’s wishes and intentions. In some cases,...
View ArticleDon't Disinherit with a Dollar
There are a lot of myths and misconceptions surrounding estate planning. Many people think that a last will and testament is the only estate planning document you really need. This of course is false....
View ArticleGetting Married? Prenup Considerations Before You Say "I Do"
Prenup Considerations Before You Say I Do Most people think of marriage as a declaration of love and commitment, not as a legal contract that defines the financial and familial obligations of each...
View ArticleA Simple Will Is Not Enough
Minneapolis Estate Planning and Probate Lawyer Explains the Minimum Documents You Need to Protect Your Family I sometimes hear comments like "I just need a simple will" or "Why can't I just get my...
View ArticleStepparent Adoptions in Minnesota
Stepparent Adoptions Stepparent adoption is the most common form of adoption in the United States. Once the adoption is finalized, the stepparent assumes full financial and legal responsibility for...
View ArticleHow to Keep Your Affluent Children From Turning Into … Well, … Brats
Congratulations are in order—you have accumulated enough wealth to be concerned about eventually passing it along to your children and grandchildren in a manner that will encourage them to lead...
View ArticleFamily Foundations: What, Why, and How
Families with significant net worth who have a tradition of philanthropy often consider establishing a charitable foundation as part of their estate plans. While there are a number of advantages to...
View ArticleYoung and Ill, without Advance Directives
When you are a child, your parents serve as your decision makers. They have ultimate say in where you go to school, what extracurricular activities you partake in and where, and how, you should be...
View ArticleCan I Get In Trouble With the IRS for Trying to Reduce the Amount of Estate...
You’ve likely heard that one of the many benefits of estate planning is reducing the amount of federal, and state, taxes owed upon your passing. While it may seem like estate tax planning must run...
View ArticleTestamentary vs Revocable Living Trust
The world of estate planning can be complex. If you have just started your research or are in the process of setting up your estate plan, you’ve likely encountered discussions of wills and trusts....
View ArticleFinancing and Growing Your Small Business Through Crowdfunding
What is crowdfunding? Part social networking and part capital accumulation, crowdfunding is simply the collective cooperation, attention and trust by people who network and pool their financial...
View ArticleHow to Choose an Executor
A Minneapolis Probate Lawyer Discusses Selecting An Executor Post Mortem The death of a loved one is a difficult experience no matter the circumstances. It can be especially difficult when a person...
View ArticleWhat To Do After Death, Part I
Minneapolis Probate Lawyer: What is Probate? I often explain to people that I am a "probate lawyer" only to be met with a blank stare. Occasionally, the statement "I don't know what that means" will...
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