If you have started to think about planning your estate, you have probably heard the word probate. What is it? Should you avoid it? Having a firm grasp of how probate works in Minnesota can help inform smart estate planning decisions. Defining probate Probate is the...
We are essential, and so are you! Our firm is still open for business and accepting new clients. To protect your safety in response to the threats of COVID-19, we are offering new and current clients the ability to meet with us via telephone or through video conferencing. We also have masks available upon request if you need to visit the office. Please call our office to discuss your options.
Estate Planning
What are concerns for non-traditional family estate planning?
Estate planning in years past was pretty simple because family structures were simple. However, today's families have many different forms and types. According to Kiplinger, a traditional family is one where you and your partner marry, stay in the marriage and have...
What you should know about updating your will
Writing a will is a necessary part of planning for your future. When you record your end-of-life wishes and finalize your estate plan, you can maintain control over the things that are most important to you. Because you want your will to function according to your...
What should you include in your will?
If you have yet to start estate planning by creating a will, you are not alone. According to a survey conducted by Caring.com, only 6 out of 10 adults in the U.S. have created this essential estate planning document. It is never too early to create your will. When...
Estate planning considerations in your 40s and 50s
You have school-age children, a healthy 401(k) and equity in your home. One thing you might not have yet is an estate plan that will provide for your family and protect your livelihood when you can no longer do so. If you have reached your 40s or 50s, begin the...
How can I make my will dispute-proof?
Whether you are making an estate plan to protect your children’s future or to preserve your wealth and assets through other means, one thing is certain: Your plans are your final instructions. Though you intend for your estate plan to protect your relatives’ bonds and...
When To Make An Estate Plan
The Time is Now! When should I plan my estate is a common question. Many people do not begin to think about it while they are young. Oftentimes, they don’t really think about it at all. However, there is a huge problem with putting off estate planning. Putting off...
Should you talk to your family about your will?
Minnesota residents like you put time and effort into building your estate. Likewise, you put the same amount of effort into crafting your estate plan so your beneficiaries can enjoy it after your death. But in the meantime, should you tell your family about your...
3 areas of responsibility for the executor of your will
If the time has come for you to think about drafting your will, naming your executor or personal representative will be at the top of your to-do list. When you consider possible candidates, you will want someone trustworthy as your executor who will carefully manage...
Importance of a will for new parents
As a parent of an infant or young child, you have probably done everything you can think of to provide for your child's needs right now. However, have you given any thought to the future? The percentage of Americans who have a will is already very small, and it is...