Perhaps most of us remember James Brown as the Godfather of Soul who sang such hits as I Got You (I Feel Good), Papas Got a Brand New Bag, and I Got the Feelin. He often moved about on stage in a rather flashy manner that others tried to imitate. Yet despite all of the…
Category: Minnesota Living Will
Minnesota Wills and Trusts: Remarriage: How It Often Poses Unique Estate Planning Challenges
While it can be wonderful to be a part of a large loving family, that goal is often frustrated when two previously married individuals choose to get married again. Far too often, one or both will have older children who resent the presence of the new spouse in their lives. They may also be upset…
Estate Planning: Insurance Policies Can Cover Important Expenses
Always ask your estate planning attorney about the best way to supplement your estate plan with various insurance policies. These types of resources can prove very useful, especially if you cannot leave a large sum of money to loved ones — or if there’s any chance your estate may owe considerable debts when you pass…
Gift giving and estate planning in Minnesota
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…
Estate Planning Advice For Single Parents In Minnesota
Everyone knows how stressful it is to be a parent. What’s even more stressful? Handling all that worry on your own. Single parents have to juggle the responsibilities of caring for young children as well as the added burden of worrying about what will happen to them in the event that you die or become…
Creating a Valid Living Will in Minnesota
Your general estate plan explains how your wealth and possessions should be distributed when you pass away. However, your living will can prove critical at any moment during your life when you become seriously injured in a traffic accident — or must start receiving potentially toxic or life-threatening treatments for cancer or other serious illnesses….