When creating a trust with a Minnesota trust lawyer, it is important to understand the specific roles involved. The grantor is the person who establishes a trust. The designated beneficiary is the person who receives the assets held in trust when the grantor dies. Probate is unnecessary because … [Read more...] about Monticello Trust Lawyer on the Elements of a Valid Trust
Trusts
What Single Seniors Need to Know About Their Estate Plan
Whether you’re a single senior who lives alone or one who lives with a partner, establishing a new estate plan or modifying an existing one is essential. You might wish to leave assets to your partner that they could not get through intestate succession, or maybe you have children you want to leave … [Read more...] about What Single Seniors Need to Know About Their Estate Plan
Estate Planning Lessons from Disney’s Encanto | Minnesota Estate Planning Attorney
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
What Single Parents Should Know about Estate Planning
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
Minnesota Estate Lawyers Offer Tips for Handling an Out-of-State Probate
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
Monticello Estate Planning Lawyer Reveals 7 Life Events that Should Trigger Your Estate Plan Review
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
Monticello Trust Lawyer on How to Help Your Elderly Parent with Finances
Many seniors often have difficulty managing their finances at a certain point, and it comes down to their adult children to assist with these matters. It’s important to know what you’re getting into when you begin assisting an elderly parent with their financial affairs, especially if legal … [Read more...] about Monticello Trust Lawyer on How to Help Your Elderly Parent with Finances
Strategies to Help Your Family Avoid Central Minnesota Probate Court After You Pass Away
Even those who don’t fully understand the probate process are pretty clear about the fact that they want to avoid it. As a Central Minnesota probate lawyer, I see so many cases where probate could have been shortened or avoided altogether if only people had more information. Probate is a legal … [Read more...] about Strategies to Help Your Family Avoid Central Minnesota Probate Court After You Pass Away
Avoid These 3 Common Trust Mistakes!
If you’ve set up a Revocable Living Trust, congratulations! As a Minnesota will and trust lawyer, I assure you that you’ve taken a very important step in protecting your assets and your family in the event you become incapacitated or pass away. However, just because you’ve completed this … [Read more...] about Avoid These 3 Common Trust Mistakes!
