As a Monticello estate attorney, one of the most common concerns I hear from parents is surprisingly consistent: "How can I make sure my son-in-law or daughter-in-law doesn't walk away with my child's inheritance if they get divorced?"It's a delicate subject. While we all...
Assisted reproductive technology (ART) is any fertility treatment involving the handling of embryos and eggs. The most common types of ART are in-vitro fertilization, artificial insemination, and cryopreservation. Surrogacy is another ART arrangement that involves a woman...
Not long ago, our Monticello estate planning firm was contacted by a couple who asked for an appointment to make some changes to an old estate plan. When we inquired about the changes they wanted to make, they uncomfortably said, “We want to disinherit our son from...
It's a common misconception: if you don't have children, you might think a will isn't necessary. After all, who are you leaving things to? However, an experienced Minnesota estate lawyer will tell you that having a will is crucial for everyone, regardless of their family...
For many individuals in Minnesota, corporate stock represents a significant portion of their wealth. Whether you own shares in a publicly traded company, privately held family business stock, or employee stock options, these assets require careful estate planning consideration....
A Minnesota Estate Lawyer Explains How to Keep the PeaceWe've all seen the movies—someone passes away, and the family gathers for the dramatic will reading, only to spiral into chaos when expectations don't match reality. But in real life, it doesn't have to be that way.Talking...
As an experienced Minnesota will and trust lawyer, I'm often asked whether residents can legally write their own wills without an attorney. The short answer is yes—Minnesota law does allow individuals to create their own wills. However, the more important question isn't...
When you're in your 20s or 30s, "estate planning" might sound like something only for the wealthy or much older generations. However, including life insurance as part of your comprehensive Minnesota estate plan during your younger years is one of the smartest financial...
Recent news about Gene Hackman and his wife Betsy's passing has highlighted a crucial but often overlooked aspect of estate planning—the timing of death between spouses, especially in blended families. As a Minnesota estate planning lawyer, I've seen how this timing can...
The SECURE Act 2.0, signed into law in 2022, introduced major changes to retirement accounts, impacting everything from Required Minimum Distributions (RMDs) to beneficiary inheritance rules. These updates are crucial for individuals planning their estates, as they affect how...
Minnesota estate planning attorneys often help clients create comprehensive plans that address legal and financial matters. However, one of the most meaningful components of estate planning isn't about assets at all—it's about preserving your values, wisdom, and personal...
As a Minnesota estate planning attorney, I've seen firsthand how even carefully drafted wills can have significant oversights. While most people remember to address major assets like homes and financial accounts, certain important provisions are frequently overlooked. These...