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?”
Your named beneficiaries will likely have to go through probate to receive your real property after your death if it is only in your name and not held in trust. Although transferring property into trust can ensure your family does not have to wait for a judge to validate your will before … [Read more...] about TOD Beneficiary: What You Should Know
The Baby Boomer generation is growing older and beginning to incur the financial costs and strains of aging. Many are caring for their own elderly parents while beginning to recognize long-term care challenges of their own. Boomers are also starting to learn first-hand that long-term care is … [Read more...] about Finding the Right Minnesota Elder Lawyer to Plan for Long-Term Care Needs
One of the most frequently asked questions elder lawyers receive is, “When should westart planning for long-term care?” The short answer is, “Long before you need it!”When it comes to your home, your health, and your finances, you want to be in the driver’s seat. That is why it is so important to … [Read more...] about Elder Lawyer Answers, “When should I start planning for long-term care?”
As a Minnesota elder law attorney, I often meet senior clients as a result of them coming into our offices with their adult children. When this situation happens, it is the lawyer’s job to recognize the differing needs and rights of both parties. The lawyer must be clear on who is being represented … [Read more...] about Does an Elder Law Attorney Represent the Senior or the Adult Children?
You could never fit the dreams, goals, and desires of your family into a one-size-fits-all box. Nor can you fully anticipate the unique challenges, changes, and loss you and your loved ones may face ahead. As impossible as it is to predict your future and generalize your dreams, that’s how … [Read more...] about Before You Hire a Central Minnesota Elder Law Attorney…Ask These 10 Questions First!
Losing a loved one is an emotional and life-changing experience. You might be tasked with the responsibility of settling the estate while also grieving your loss. It can be a challenging time in anyone's life. However, it becomes complicated when you must go through probate for out-of-state … [Read more...] about Minnesota Estate Lawyers Offer Tips for Handling an Out-of-State Probate
Because your life changes, so must your estate plan. As a Monticello estate planning lawyer, I recommend that everyone reviews their estate plan every 3 to 5 years because life events that you might not even think about could impact how your estate plan works. While this periodic review is … [Read more...] about Monticello Estate Planning Lawyer Reveals 7 Life Events that Should Trigger Your Estate Plan Review
Going through a divorce can be painful, overwhelming, and stressful. It's the end of one chapter and the start of another in your life. Although it might be the right decision, you're forced to confront various issues. For example, you and your ex must agree to the terms of the divorce, such as … [Read more...] about Minnesota Will and Trust Lawyer Discusses the Most Important Estate Planning “To Dos” After a Divorce