After youve met with your Minnesota estate planning attorney to decide how to use your Will to transfer all of your funds and property to your beneficiaries, youll need to return to his office later to sign everything. Fortunately, all of the hard work has been done and youll be given the chance to carefully…
Tag: Estate Planning
MN Estate Planning | Paul Walkers Estate Plan Provides Many Lessons
Perhaps best known for starring in The Fast and Furious movie franchise, Paul Walkers fame was still on the rise when he passed away suddenly at the age of 40 in November of 2013. News reports indicate that Walker was killed while riding as a passenger in a friends Porsche being driven at close to…
MN Estate Planning | Robin Williams Estate Mess Goes From Bad To Worse
Unfortunately, Robin Williams estate planning trouble appears to be getting worse. Months ago it was revealed that his children and former wife were at odds in a California probate court. That simmering dispute has finally erupted into a full-fledged legal battle, with both sides scheduled to appear before a judge this week. Whats going…
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…
Estate Planning Enters The Digital Age (At Least In Delaware)
Though it may not be among your most pressing concerns, the reality is that access to electronic accounts is a matter of growing importance in the estate planning world. The Wall Street Journal recently published an article about a new law in Delaware that has changed the way that others can access electronic data for…
Minnesota Wills & Trusts: How Can Moving Impact Your Estate Plan?
Today it’s increasingly common as families grow and change to relocate geographically once or even several times over the course of a lifetime. Jobs, marriage, divorce, grandchildren, retirement, health issues and many other factors can result in moves that present potential estate planning issues. Why does a move matter? You may be confused at this…
Minnesota Estate Planning Law | Estate Plan Details Released After Robin Williams
A recent article by CNBC discussed some details that have emerged in recent days about Robin Williams’ estate plan. As we’ve discussed now several times, the details of some celebrities’ estate plans (or lack thereof) get leaked when papers are filed publicly, often as part of the probate process. In this case, friends have come…
Minnesota Transfer on Death Deeds
When doing Minnesota estate planning, a person may draft what is called a transfer on death deed which will transfer the title to that person’s home or other real property to their chosen beneficiaries. That transfer on death deed is a very effective as an estate planning tool to avoid probate. What to know about Minnesota Transfer…
Minnesota Probate Law | Is Probate Such a Bad Thing?
Probate is the process in which a court (or possibly a referee in Minnesota) makes a decision about a deceased person’s assets and debts – which are in that deceased person’s name only. A Minnesota Probate is not necessarily a bad thing, but it can be avoided and it is expensive. Often, probates are not necessary if,…
Minnesota Wills and Trusts | Women and Estate-Planning
Though Minnesota estate planning seems like something that would affect everyone equally, and that’s certainly true, there are unique concerns faced by some women that warrant a quick discussion. A recent article by CBS MarketWatch explored some of these issues and we’ll go through some of the advice targeted specifically at women now. First things…