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...
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...
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...
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...
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...
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...
"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...
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...
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...