Death is not a pleasant subject, so it is natural to not want to think about it. However, no matter how old you are as an adult, you should consider writing up a last will and testament. This is your chance to dictate who should inherit your estate. Otherwise, the...
Estate Planning
Don’t forget to include digital assets in your will
When developing a comprehensive estate plan, individuals will often focus first on their tangible assets. Physical property such as a home, vehicle, or collections of books or artwork are generally listed first with primary and secondary beneficiaries. In recent...
What is probate and is it necessary?
If a recently deceased family member left behind assets or unsettled affairs, legal intervention may be necessary to settle those matters. In many cases, the court requires a supervised probate process to settle your loved one’s estate. Here is what you need to know...
What happens if you die without a will?
A will describes how you want your property divided up after you die. With a few exceptions, you can use a will to bequeath property to anyone you choose, including family members, friends and charitable organizations. If you have not made out a will when you die,...
Stick with your new year’s resolution: establish a will
The new year is here, and it is time to make good on those resolutions you made at the end of last year. Many Americans plan to make a will, but somehow never get around to it. If you have been meaning to establish a will but keep pushing it off, now is a great time...
Circumstances that call for creating or updating a will
Although financial experts recommend that every mentally competent adult should have a will, there is a large percentage of people who do not have one. Arguably, you could create a will at any time, but there are certain circumstances in which having one is important....
Tips for updating your will in the New Year
A new year is all about a fresh start and new goals for many people. When you are making your New Years’ “To Do” list, why not add updating your Minnesota will? A lot can happen in a year, and the future is often uncertain. An update can help give you peace of mind...
Talking to loved ones about wills this holiday season
Starting a conversation about estate planning and wills can be a difficult task, especially during the holidays. You probably want to spend this time engaged in family traditions or making new happy memories, rather than thinking about mortality and dividing your...
What is undue influence?
One of the hardest things about watching a loved one age is their slow loss of mental clarity and other faculties. Over time, this can cause a fair amount of problems in your loved one's life. It can also make them more susceptible to manipulation. Unfortunately, some...
How to talk about estate planning with your family over the holidays
Estate planning is often a sensitive subject that many families ignore for fear of starting an argument. In actuality, crafting a comprehensive estate plan is a crucial factor in achieving peace of mind for the future. While people might think the holidays are a time...