Minnesota Estate Planning For Single People

March 31, 2017

One of the big motivators that drives people to get their act together, at least from an estate planning perspective, is the existence of a family. Having a spouse and children to worry about is often the push most people need to step up and start tackling an issue they would normally be content to […]

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Minnesota Probate and Creditor Claims

March 14, 2017

Creditor Claims in Minnesota Probate Estates Minnesotas probate statute attempts to clearly delineate the rules for the administration estates. The underlying purposes and policies of the probate statute are to simplify and clarify the law concerning the affairs of decedents, missing persons, protected persons, minors, and incapacitated persons, and to promote a speedy and efficient […]

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Elder Abuse and Minnesota Estate Planning

December 27, 2016

Elder Abuse Those who are in a position of caring for older and vulnerable adults provide a valuable and courageous service. There are many challenges in providing for vulnerable and partially handicapped adults in health care, financial items, and other matters. However, primary caretakers for vulnerable adults cannot do it all. Often times, they bring […]

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Minnesota Special Needs Trusts

September 26, 2016

Estate Planning, Pooled Trusts, and the Intersection of Federal and State Law Estate planning can take come in a variety of ways. For parents with children with disabilities, the special needs trust (SNT) is a unique estate planning device specifically tailored for beneficiaries with disabilities. The goal of this article is to examine SNTs, its […]

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Estate Planning for Minnesota Farmers

September 22, 2016

Farmers face unique estate planning issues separate from more traditional white-collar careers. The nature and value of assets in a farm presents different estate planning issues for hard working farmers. Because an orderly disposition of farm assets may take years, it is important for farmers to plan early for their retirement. Estate Planning For Minnesota […]

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Do I Need a Will? | Minnesota Estate Planning

September 14, 2016

Do I Need a Will? A will is a document that provides peace of mind to those seeking to have their assets distributed in an orderly fashion upon their death. Although Minnesota does not require individuals to have a will, consulting a knowledgeable attorney about drafting a will ensures that your assets will not be […]

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Taxes in Child Support & Alimony | Minnesota Divorce

August 30, 2016

During a Minnesota separation or divorce proceeding, a court must decide several issues of monetary nature. Maintenance agreements and child support are common and financially important agreements. Unbeknownst to some people, these court-ordered agreements come with tax implications. It is important for those in the midst of a divorce or separation proceeding understand baseline tax […]

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MN Estate Planning | Family Limited Partnerships

August 22, 2016

Family Limited Partnerships in Minnesota Family-run businesses are an excellent means for parents to leave a legacy for their children. Although simple in concept, passing a family run business down to children or grandchildren can present unexpected pitfalls. Increasingly, many small businesses are using business associations to accomplish estate-planning goals. Partnerships are a business entity […]

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Minnesota Estate Planning: How to Fund Grandchildren Attending College

August 12, 2016

Questions about Funding Grandchildren Attending College? Since undergraduate degrees usually help adults earn more throughout their lives, most young people still hope to attend college. However, financing this type of education often proves too expensive for many teens and their parents. Fortunately, many grandparents have decided to step into this financial void and help out. […]

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Minnesota Wills and Trusts Reading Resources

June 13, 2016

Before first visiting your attorneys office, you may find it useful to do a bit of general reading about estate planning topics. Although arriving without any background knowledge is perfectly acceptable, it can help you come up with questions geared to your unique set of assets. In keeping with this idea, the American Bar Association […]

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