On December 20, 2019, President Trump signed into law the SECURE Act (Setting Every Community Up for Retirement Enhancement), which was included in a last-minute appropriations bill designed to avert a government shutdown before the end of the...
Sadly, family feuds are more common than we'd like to admit. These tensions can become incredibly stressful and even more so when one family member experiences a health crisis. If you're remarried and your adult children don't get along with your new spouse, it's natural to...
The word "trust" gets used quite broadly, creating potential confusion. While a "living trust" is a widely discussed instrument for estate planning, it's crucial to understand that not every trust is a living trust. Below our Minnesota estate planning attorney break down the...
Incorporating stocks and other investments into your estate plan requires careful consideration to ensure your hard-earned assets are transferred smoothly to your loved ones. There are several ways to pass down your stocks, each with its own advantages and potential tax...
The decision to place a parent in a nursing home rarely comes easily. Apart from the emotional toll, significant financial and legal adjustments are often necessary. While immediate well-being takes priority, it's vital to safeguard your parent's assets and long-term care needs...
Hospice care offers comfort and support during a serious illness, focusing on quality of life rather than curative treatment. While it’s often associated with end-of-life situations, a hospice stay can last for months or even years. This highlights the importance of a flexible...
If you share a close bond with your nieces and nephews, ensuring they're included in your estate plan is natural. However, the laws of inheritance can complicate things, especially for younger beneficiaries. Let's unravel the factors to consider: How Inheritance Laws Work...
Being named a trustee is an important responsibility, but sometimes life throws unexpected situations your way. When a loved one is hospitalized and you have to step into the trustee role, you might feel overwhelmed and uncertain about what lies ahead. Here's a guide on how to...
As a parent, you want nothing more than for your children to get along. But the reality is, sibling relationships can be complex and sometimes fraught with disagreements. When planning your estate, facing the prospect of your children arguing about your legacy is incredibly...
You've found your dream home and your offer's been accepted – this is an exciting time! As you approach closing, your agent, attorney, or title company will ask how you'd like to hold the title to the property. While individual ownership is common, placing your new house into a...
When creating an estate plan with the help of a Minnesota will attorney, you’ll be asked to choose the beneficiaries whom you want to inherit your money and property when you pass away. In most cases, our clients tell us that they want their life’s hard work to go toward...
Two of the most uncomfortable topics for almost any family to discuss are money and death. As a result, conversations about estate planning often don't happen until it's too late. As a Minnesota probate lawyer, I realize that there is never an easy time to bring up such...