Excluding someone from your will, particularly if it's your spouse or your child, can be complicated. In some states, it's not even allowed. Leaving out people who wouldn't automatically receive any of your estate is usually as simple as just not including them. However, if you do want to be … [Read more...] about Central Minnesota Will and Estate Lawyer Answers, “Can I Exclude My Spouse or Child from My Will?”
Unfortunately, many parents of children with special needs wait until their child turns 18 to consider creating a Special Needs Trust. Sometimes, they even wait until their child eventually needs government benefits like SSI or Medicaid. However, Special Needs Trusts do a lot more than just protect … [Read more...] about Central Minnesota Special Needs Lawyer: Special Needs Trusts Protect Government Benefits and MUCH More
One of the most common questions asked when it comes to settling an estate in Minnesota is, “How long is this going to take?” The answer to that question is, of course, going to vary depending upon several factors. In some situations, Minnesota probate may just take several weeks or a few months; in … [Read more...] about How Long Does It Take to Settle an Estate in Minnesota?
You’ve most likely seen articles and news segments about cryptocurrency. The most popular form is Bitcoin, but there are several others on the horizon. What is cryptocurrency? For the uninitiated, cryptocurrency is a digital or virtual currency that uses cryptography for security, making it … [Read more...] about When It Comes to Cryptocurrency, Estate Planning Is a Must!
What really happens if you don’t create a will, trust, or other estate planning documents and essentially keep your head in the sand? Any Monticello estate attorney will tell you, the honest truth is that you make things much harder, more costly, and more time-consuming for your loved ones if … [Read more...] about Here’s What REALLY Happens If You Don’t Have an Estate Plan in Place
Working with a Minnesota trust and estates attorney is an excellent way to prepare for the future and to protect the assets you want to pass on to your loved ones after you’re gone. A qualified estate planning lawyer will be able to offer you valuable advice, not only on setting up a will or trust, … [Read more...] about Making Long-Term Care Insurance a Part of Your Estate Plan
Planning for the death of an unmarried partner is critical, but so is planning for the possibility that one partner becomes sick, disabled, or incapacitated at some point during their lifetime. Under the laws of most states, an unmarried partner has zero rights to manage finances or make medical … [Read more...] about Minnesota Estate Planning Lawyer: What Happens If an Unmarried Partner Becomes Disabled or Incapacitated but Doesn’t Die?
Dementia is one of the most devastating conditions affecting seniors, resulting in an eventual loss of cognitive functions. While there is no cure for dementia or the two leading diseases that cause dementia, Alzheimer’s and Lewy body dementia, there are treatments that can slow the effects and help … [Read more...] about What are the Warning Signs of Dementia?
Any type of co-parenting relationship can be complicated, especially when the relationship ends in divorce. Divorcing parents of a special needs child, even one that has reached adulthood, may have questions about their rights and obligations as guardians when it comes to making decisions for a … [Read more...] about How to Handle Decision Making for an Adult Child With Special Needs When the Parents Are Divorced