Have you ever wondered what is the worst that can happen if you become incapacitated or pass away without an estate plan in place? If you have, you’re not alone. This is actually a common question our clients ask us, especially from those in close-knit families who believe that their kids (or … [Read more...] about “What’s the Worst That Can Happen If I Become Incapacitated or Pass Away?”
Minnesota Estate Planning
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. For the uninitiated, cryptocurrency is a digital or virtual currency that uses cryptography for security, making it difficult to counterfeit. One … [Read more...] about When It Comes to Cryptocurrency, Estate Planning Is a Must!
Picture this – you get an opportunity to spend some alone time with your spouse. What do you do to prepare for date night? You carefully select a babysitter. Then, you write detailed instructions; when to feed the baby, how often to change diapers, what snacks are allowed…and you leave a myriad of … [Read more...] about You Plan for Date Night – But Not for Your Kids Future?!
In the early part of 2022, many young families spent a lot of time watching Disney’s award-winning animated film Encanto. Repeatedly. While the movie is obviously a great source of entertainment for kids, estate planning attorneys have also noticed that it contains a lot of valuable lessons that can … [Read more...] about Estate Planning Lessons from Disney’s Encanto | Minnesota Estate Planning Attorney
According to research, 69% of adults ages 50-64 are on social media regularly, and 50% of adults older than 65 are on some form of social media as well. However, in my experience as a Minnesota estate planning lawyer, I’ve found that most people do not have a plan for what should happen to their … [Read more...] about Who will manage your digital footprint after you pass?
It is no secret that being a single parent is challenging. In addition to the day-to-day struggles of raising children on your own, you may also have concerns about what the future might hold for your kids if anything were to happen to you. While estate planning for single parents is similar to … [Read more...] about What Single Parents Should Know about Estate Planning
It can be difficult to say goodbye to the things we own. Older adults might have an even harder time doing so because many of their possessions may hold decades of meaning or sentimental value, and the thought of parting with these mementos can bring up a lot of unexpected emotions. At some … [Read more...] about What You Need to Know About Decluttering and Downsizing for Your Loved One
Do you have minor children? If so, have you considered choosing a legal guardian who you would want to raise your kids if you and/or their other parent suddenly passed away? While you may have a few thoughts in your mind about who would be best suited for the role (grandparents, aunts, uncles), … [Read more...] about Considerations When Choosing a Legal Guardian Who Could Raise Your Kids
Creating a will is a significant undertaking. This is essentially the document that will guide the courts and your family on how you want your final affairs to be handled when you pass away. A will does not just cover what happens to your “stuff” either. If you have minor children or pets, a will is … [Read more...] about A Few Things to Consider When Beginning to Create a Will | Minnesota Estate Planning Attorney