The loss of a loved one not only brings emotional challenges but also necessitates important revisions in your estate plan. If the individual who passed away was an integral part of your plan, either as a beneficiary or in a pivotal role like Power...
Retirement accounts, such as 401(k)s and IRAs, are often significant components of your financial portfolio. But do you know who will inherit these funds when you pass away? It's a crucial aspect of estate planning that deserves attention. Here, a...
Losing a loved one is always difficult, and the challenge can be compounded when they pass away in a different state. If you're facing this situation, it’s important to know that you may be able to manage many of their affairs from a distance. As...
A trustee is legally required to administer a trust solely in the interests of the beneficiaries. So, what can you do as the beneficiary if you feel the trustee has breached his or her fiduciary duty? As a Minnesota estate planning, I...
Even those who don’t fully understand the probate process are pretty clear about the fact that they want to avoid it. As a Minnesota probate lawyer, I see so many cases where probate could have been shortened or avoided altogether if only people...
During the early stages of Alzheimer’s disease, your mom or dad will likely need help managing his or her financial and personal affairs. If your parent already has a Power of Attorney or living will in place, a new diagnosis of dementia should...
In our increasingly globalized world, more people find themselves living abroad or holding dual citizenship. This international lifestyle brings unique challenges in estate planning, particularly when it comes to navigating the legal landscapes of...
When it comes to estate planning, understanding the different types of trusts available is crucial. Two common types are revocable and irrevocable trusts, each with its own set of features and benefits. As a Minnesota trust attorney, I often...
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...