You’ve heard the buzz about having a contact labeled “ICE” in your phone, just in case of that car crash where someone needs to be contacted, pronto. What about further identification for medical personnel? Sure, they have your driver’s license…did you ever change that address when you moved? And … [Read more...] about ICE – In Case of Emergency
Minnesota Estate Planning
Should you consider a prenuptial agreement?
Getting married is an exciting life event. But in today’s society with a rise in blended families, later in life marriages, and high divorce rates, more couples are choosing to protect their futures with a prenuptial (antenuptial) agreement. A prenuptial (before the marriage) agreement can … [Read more...] about Should you consider a prenuptial agreement?
3 Legal Documents Every Graduating Senior Needs to Ensure Parents Can Act On Their Behalf In An Emergency
It’s graduation time, which means your “baby” is all grown up and preparing to head out into the real world. But before your son or daughter packs up for summer vacation or even their first semester of college, I want you to think about what it means having a child who is an “adult” in the eyes of … [Read more...] about 3 Legal Documents Every Graduating Senior Needs to Ensure Parents Can Act On Their Behalf In An Emergency
Talking to Your Parents About Meeting with an Estate Planning Lawyer
Across the country, folks often put off their estate planning for many reasons. Whether it’s facing your own mortality, or that of your parents, the prospect of needing a will or trust isn’t something that many of us want to think about. The reality, though, is that when we continue to put off the … [Read more...] about Talking to Your Parents About Meeting with an Estate Planning Lawyer
Leave More Behind For Your Loved Ones In Minnesota Using A Qualified Personal Residence Trust
Many people desire to pass down their personal home for the benefit of their children after their death. Yet when you take a true accounting of the taxes and other costs your loved ones may face, it’s often becomes clear that your heirs stand to inherit much less than you probably hoped. That’s … [Read more...] about Leave More Behind For Your Loved Ones In Minnesota Using A Qualified Personal Residence Trust
Considerations When Passing Down Real Estate in Minnesota
Do you have a cherished cabin, vacation home, or other property which you wish to pass down to your loved ones someday? Surprisingly to many people, leaving a home to family members can create a number of unexpected consequences for those who don’t fully weigh their options and plan far enough … [Read more...] about Considerations When Passing Down Real Estate in Minnesota
Preparing Your Business For The Unexpected In Minnesota
For many small business owners in Minnesota, typical business planning centers on where you are now and how to ensure growth in the future. What often goes overlooked, however, is how to properly protect your business after you are gone. Sure, you may have thought about who will take over in the … [Read more...] about Preparing Your Business For The Unexpected In Minnesota
Trusts in Your Estate Plan
While many people consider a “simple will” an important part of taking care of their family after their death, they forget to consider including a versatile option: Trusts. Trusts come into being through a person’s will or a separate legal document establishing that trust. A person who creates a … [Read more...] about Trusts in Your Estate Plan
What Does It Mean to ‘Fund’ A Special Needs Trust In Minnesota?
Parents and caregivers of special needs children in Minnesota understand the importance of planning ahead to ensure the future care of their loved one. For most families, this includes working with a special needs lawyer to create trusts and other legal documents which provide for the continuing … [Read more...] about What Does It Mean to ‘Fund’ A Special Needs Trust In Minnesota?
