Lewis Kannegieter Law, Ltd. Blog

Estate planning, elder law, family transitions, business planning – the legal issues that affect your family are always evolving. Jennifer writes regularly to keep you informed, educated, and empowered. Browse the latest articles below, or search by topic to find what you’re looking for.

Who Will Take Care of You as You Age? Why Planning Ahead Matters

Who Will Take Care of You as You Age? Why Planning Ahead Matters

Many people assume that when they need help later in life, a spouse, child, or close friend will step in. But that assumption is becoming increasingly risky. Today, more than 16 million Americans over age 65 live alone, and most have no formal plan for long-term care or decision-making support as they age. Longer lifespans, higher divorce rates, and...

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Millennials: Don’t Overlook the Need for Early Estate Planning!

Millennials: Don’t Overlook the Need for Early Estate Planning!

Are you in your twenties or thirties? You’ve probably heard about the importance of Wills and Trusts by now, but you may feel like you’re still too young or just don’t have enough assets to warrant any estate planning yet. As a Minnesota will lawyer, I can tell you that it’s a huge mistake thinking that estate planning is just for older or wealthier...

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Why a Last Will and Testament Does Not Make a Complete Estate Plan

Why a Last Will and Testament Does Not Make a Complete Estate Plan

While the Last Will and Testament is an important estate planning tool, Minnesota trust and estates lawyers want clients to be aware that there are certain things it won’t accomplish. To start, a Last Will and Testament will only come into effect after you’ve passed away, which means that it cannot be used to handle any of your financial or medical affairs...

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TOD Beneficiary: What You Should Know

TOD Beneficiary: What You Should Know

Your named beneficiaries will likely have to go through probate to receive your real property after your death if it is only in your name and not held in trust. Although transferring property into trust can ensure your family does not have to wait for a judge to validate your will before distributing your assets, it might not make sense for your situation....

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Business Planning Lawyers Recommend Estate Planning

Business Planning Lawyers Recommend Estate Planning

A small business is a part of your identity, not to mention your livelihood.  Business planning lawyers in Minnesota look to protect both aspects of this should you die or become incapacitated.  Advanced planning is one of the smartest things that you can do to ensure that your small business meets the goals you have for it, whether you are at...

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Talking to Your Parents About Meeting with an Estate Planning Lawyer

Talking to Your Parents About Meeting with an Estate Planning Lawyer

Just as everywhere else in the country, folks in Minnesota 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 estate...

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4 Mistakes to Avoid When Creating a Special Needs Trust

A Special Needs Trust (also called a Supplemental Needs Trust) is a legal document that holds assets for a person with disabilities, while also providing legal authority for a trustee to manage money and make financial decisions on behalf of the individual with special needs. The Special Needs Trust also helps to ensure there are enough financial resources...

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Minnesota Elder Lawyer Offers Tips for Long-Distance Caregiving

Minnesota elder lawyers know that caring for an older adult from a distance can be a challenge. It can be overwhelming to think about your loved one living in a different state or even a foreign country, especially if their physical or mental impairments prevent them from taking care of themselves. The good news is that there are still ways to help manage...

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