Estate planning, elder law, family transitions, business planning – the legal issues that affect your family are always evolving. Jennifer writes regularly to keep you informed, educated, and empowered. Browse the latest articles below, or search by topic to find what you’re looking for.
Life is full of surprises, and while we can't predict every turn, we can prepare for the unexpected. Whether it's sudden incapacitation or an unforeseen financial shift, having a comprehensive estate plan can provide much-needed peace of mind. As experienced Minnesota Will and Trust Attorney, we understand the importance of being prepared for every...
Buying a new home is more than just a significant financial investment; it's a key component of your overall estate. As you embark on this exciting journey, it's crucial to consider how this asset will be managed, both now and in the future. One effective strategy for managing real estate assets is setting up a trust, a tool that a knowledgeable Minnesota...
When the time comes to consider assisted living for a loved one in Minnesota, families often find themselves with a list of questions and concerns. It's a big transition, and understanding the financial implications is crucial. Here's where a Minnesota elder lawyer can offer clarity and guidance to help you make informed decisions. Will Assisted...
When someone passes away, family members often find themselves asking an estate lawyer what they should do. If the individual had a will or other aspects of a plan in place, then the estate planning lawyer will help with the execution of that plan and the probate process. While this certainly can help things run more smoothly, there are administrative...
Are you part of the growing number of people in Minnesota who invest in cryptocurrency? Then there's a crucial question you need to ask yourself: "Who has access to my crypto keys?" As any savvy Minnesota estate lawyer will tell you, leaving your digital assets to loved ones is more complex than traditional assets. Without the right access information,...
A Series I bond is a non-marketable interest-bearing U.S. government savings bond. It's a low-risk investment that earns a variable inflation rate adjusted every May and November and an interest rate fixed for the bond's life. The non-marketable feature means you can't sell or buy it in a secondary market. Determining the Interest Rate of a Series I...
When you're working with a Minnesota trust attorney, it's crucial to understand what you can include in your trust document. Let's explore the variety of instructions or restrictions that can make your trust truly yours, ensuring your legacy is managed just the way you envision. Tailoring Your Trust: A Guide to RestrictionsCreating a trust allows you...
After you’ve rung in the New Year, it’s time to start getting down to business and thinking about tax season. While it’s not the merriest time of the year, tax season is a great time to review your finances and the changes that may impact how you file.Every year, the Internal Revenue Service provides its updated tax inflation adjustments. These...
"Should I leave my children's inheritance to charity?" It's a question that many parents grapple with, especially when considering the needs of their children and their personal philanthropic goals. It's not just about the money—it's about the message you want to leave behind and the impact you want to have. Weighing Your DecisionWhen you're thinking...
Naming a legal beneficiary is necessary for life insurance, annuities, qualified retirement plans, individual retirement accounts, and some bank accounts. Ideally, these assets will be paid directly to whoever you have selected as your beneficiary in the event you passed away. The assets won’t have to go through probate; at least, that is the way it...
Life insurance is a powerful tool to ensure that your loved ones are taken care of financially after you're gone. But as life evolves, so do our relationships and priorities. A common question we encounter is: "Can I change the beneficiaries on my life insurance whenever I want?" Our Minnesota will and trust attorney dives into that answer below. The...
Many people mistakenly believe that without direct heirs—like children or grandchildren—there's no need for estate planning. However, the reality is quite different. Even if you don't have immediate family to inherit your assets, deciding how your estate will be distributed is crucial. If not, you might be surprised at who ends up with your hard-earned...