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
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!
Estate planning for a married couple is often pretty straightforward: you leave all of your property and money to your spouse who also takes care of the minor children. But what happens if both parents pass away unexpectedly or if you’re a single parent creating an estate plan? Parents will usually … [Read more...] about How to Leave Money or Property to Minor Children
Unfortunately, many parents of children with special needs wait until their child turns 18 to consider creating a Special Needs Trust. Sometimes, they even wait until their child eventually needs government benefits like SSI or Medicaid. However, Special Needs Trusts do a lot more than just protect … [Read more...] about Central Minnesota Special Needs Lawyer: Special Needs Trusts Protect Government Benefits and MUCH More
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. What is cryptocurrency? For the uninitiated, cryptocurrency is a digital or virtual currency that uses cryptography for security, making it … [Read more...] about When It Comes to Cryptocurrency, Estate Planning Is a Must!
Small businesses are the backbone of this country. They employ more than half of the domestic workforce and contribute greatly to the economy. 9 out of every 10 small businesses are family-owned. But most of those do not make it past the third generation of family ownership. Many small business … [Read more...] about How to Create a Business Succession Strategy
Minnesota estate planning lawyers are often asked by their clients to explain what comprises a basic estate plan. Unfortunately, there’s no simple answer to this question because an estate plan all depends on the situation and the needs of the individual. For instance, a basic estate plan for one … [Read more...] about 5 Estate Planning Must-Haves
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?!
For more than a decade I have helped clients with their estate plans. Things are different now. Previously, a potential client reached out to me wanting to talk about wills or trusts. I would explain that an estate plan is so much more than just the will. It’s taking a big picture look to make sure … [Read more...] about COVID-19 Through the Lens of An Estate Planning Attorney