If we had a dollar for every time someone asked this question when creating an estate plan…... well, you get the point. There’s a common belief that if you want to disinherit someone, say an adult child, that you should leave them $1 and nothing more in your will. The thought is that doing … [Read more...] about Ask Our Minnesota Will and Estate Attorney, “Should I Leave $1 in My Will to An Heir I Wish to Disinherit?”
Leveraging Life Insurance for Your Estate Plan: Insights from an Estate Lawyer in Minnesota
One common misconception when it comes to estate planning is the belief that one must have significant assets to establish a comprehensive plan. As an estate lawyer in Minnesota, I'm here to tell you that this simply isn't the case. In fact, life insurance can play a crucial role in your estate … [Read more...] about Leveraging Life Insurance for Your Estate Plan: Insights from an Estate Lawyer in Minnesota
What Property Can Be Placed in My Trust? | Minnesota Trust Attorney
There are many benefits to creating a Revocable Living Trust as part of your estate plan, such as the ability to avoid probate and put a quick end to the estate administration process. However, creating a Revocable Living Trust will not automatically accomplish your goals. Instead, … [Read more...] about What Property Can Be Placed in My Trust? | Minnesota Trust Attorney
Estate Planning Tips for Single Parents | Will and Estate Lawyers in Minnesota
As a single parent, it is critically important to have a comprehensive estate plan that protects your child(ren). Obviously, being the sole or primary caregiver doesn't leave you with much time on your hands. However, putting some time aside to meet with an estate planning attorney can give you … [Read more...] about Estate Planning Tips for Single Parents | Will and Estate Lawyers in Minnesota
Pros and Cons of Adding an Adult Child to a Bank Account: A Guide for Minnesota Seniors
Are you a senior who is contemplating adding an adult child to your bank account to help manage your finances? It may seem like an easy solution for getting assistance with bill payments, but it's crucial to weigh the pros and cons before taking action. Our Minnesota elder law attorney is here to … [Read more...] about Pros and Cons of Adding an Adult Child to a Bank Account: A Guide for Minnesota Seniors
Safeguarding Your Future: Legal Tips from Minnesota Will Attorney for Unmarried Seniors Cohabiting
As we age, companionship and shared responsibilities become more valuable. Many seniors are choosing cohabitation over solitude for mutual support and to cut costs. However, this arrangement brings about some legal nuances that need addressing. Here, our Minnesota will attorney delve into the … [Read more...] about Safeguarding Your Future: Legal Tips from Minnesota Will Attorney for Unmarried Seniors Cohabiting
When Your Executor Isn’t Meeting Expectations: How to Handle Mistakes in Estate Administration in Minnesota
The executor of an estate plays a crucial role in managing and distributing a person's assets after they pass away. But what happens when the executor is making mistakes or failing in their duties of estate administration in Minnesota? It's a delicate and stressful situation, but one that can be … [Read more...] about When Your Executor Isn’t Meeting Expectations: How to Handle Mistakes in Estate Administration in Minnesota
Estate Planning During a Crisis | Minnesota Trust Lawyer
If you're worried about the possibility that you or a loved one could become ill, injured, or worse, you're not alone. No matter what we do we can't control everything and sometimes things happen. While none of us can predict the future, getting your affairs in order now can provide peace … [Read more...] about Estate Planning During a Crisis | Minnesota Trust Lawyer
Minnesota Estate Attorney on Carrying Healthcare Documents and Communicating Your Wishes to Emergency Personnel
In the event of a medical emergency, it's crucial to have your healthcare documents readily accessible and ensure that your treatment preferences are known to emergency personnel. Our Minnesota estate attorney has put together this article to discuss the benefits of carrying your directives with you … [Read more...] about Minnesota Estate Attorney on Carrying Healthcare Documents and Communicating Your Wishes to Emergency Personnel
