For those who are eager to give away money while they are alive and well, you’ll be happy to hear that new gift tax exemption numbers for 2015 have been released by the federal government. For those eager to receive money, you’ll be thrilled to hear that the limits have gone up to account for…
Tag: Mendotta
MN Wills & Trusts | Learn More About Leaving Money To Your Children And Not Their Spouses
Though it may sound a bit harsh, the reality is that lots of concerned parents are eager to learn more about how future inheritance money can be used to protect their children and not inadvertently benefit their sons or daughters-in-law. Divorce is a real possibility and most people would hate to think the money they…
Minnesota Probate Omitted Property | What to do with found money after the estate is closed?
I’ve asked numerous times by clients to reopen a previously administered Minnesota probate estate when new or “missing” assets have been found. For instance, it is common for a person may find stock certificates or money such as dividends from stock plans in someone’s estate. Perhaps the personal representative of the estate wasn’t aware of the problems…