What Someone with Durable Financial POA Can Do for You? Money, money, and money is what it’s all about. At least, when it comes to what someone with financial Minnesota durable power of attorney can do for you. The bills, the benefits, and the mortgage don’t stop when you become incapacitated. Those still might need…
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Trustee Mistakes and Breach of Fiduciary Duty
MN Law: Mistakes Made for Trustees and by Trustees Being someone’s trustee can be a big ordeal. Those who take up the role have to understand the trust, execute the trust, communicate with the right people, practice good bookkeeping, and maintain a straight head. If they aren’t properly prepared, trust law can make their job…
Beneficiary Designation Mistakes – How to Avoid Them
Beneficiary Designation Mistakes – How to Avoid Them Beneficiaries are some of the biggest reasons to start learning about estate planning law. Leaving what you can’t take with you can be a huge event. Though, that isn’t to say this will be an easy task or that you’ll get everything right the first time. This…
How to Involve Your Spouse in Estate Planning
How to Involve Your Spouse in Estate Planning You may have your car and your spouse might have their van. That’s all fine and dandy. Though, perhaps you want to start having a few talks. Questions concerning where the property goes to once one of you or both of you are gone might need to…
What is a Financial Power of Attorney?
What is a Financial Power of Attorney? Medical power of attorney is one thing while financial power of attorney is another thing. Sure, both are genres of POA and a power of attorney lawyer can help you with both. Though, the kinds of powers they individually grant are practically opposite sides to the spectrum. Most…
Why estate planning is necessary | MN Estate Law
Why Estate Planning is Necessary Assets are only one of many parts of estate planning. Leaving behind good memories and protecting your children are two small sections of the many things that you can do with the right documents. How many assets you have shouldn’t dictate whether or not you should seek out an estate…
Revocable Trust for a Pet | Minnesota Trust Law
Minnesota Revocable Trust for a Pet Even if you’ve set up things for your pets to live in your estate for the rest of their days, it’s wise to create a pet trust that provides for their needs. This is no joke and is a serious part of estate planning law. You can actually leave…
Avoiding Estate Planning Mistakes in the Wake of Corona Virus
Avoiding Estate Planning Mistakes Estate planning is a powerful tool. This is especially true in the wake of the unprecedented Corona Virus outbreak. Though, because of how much Minnesota estate planning law Minnesota Revocable and Irrevocable Trusts | MN Estate Planning encompasses, it’s easy to get confused and/or miss some key parts. Not only are…
Minnesota Revocable and Irrevocable Trusts | MN Estate Planning
Minnesota Revocable and Irrevocable Trusts Not all trusts are the same. That statement goes further than simply in how they’re written. There are multiple different kinds of trusts regardless of their contents. A trust lawyer can help you understand all the ins and outs of trust law and how each kind of trust is different….
Preparing to Become a Legal Guardian of Someone
Preparing to Become a Legal Guardian Congratulations is in order. You or someone you know probably wants to become a legal guardian. At least, you’re thinking about the topic. Guardianship takes a lot and guardianship lawyers are there to help you work out the minor details. There is paperwork that must be done, you must…