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….
Tag: Farmington
How to avoid probate with estate planning | Minnesota Law
How to avoid probate with estate planning? Many people ask our law office they should conduct Minnesota estate planning. Or, another common question is: what is estate planning? At a minimum, most clients have some desire to avoid a legal process called “probate” Estate planning to avoid probate Attorneys use the term “Estate Planning” to…
What it means to be a Conservator in Minnesota
What it Means to Become a Conservator in Minnesota Finances are funny things. After each of us has been here long enough, there’s the possibility that we’ve wished that we had a little extra help with money at one point or another. Conservatorships are one such form of help. While having a conservator probably doesn’t…
Power of Attorney Versus Conservatorships and Guardianships
Power of Attorney Versus Conservatorships and Guardianships When discussing Minnesota elder law and minor child law, the topic of handling hard situations might arise. You might be asked whether or not you want to leave open the option to having a guardian and/or conservator. Otherwise, you might be approached about giving someone power of attorney…
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…
How to Become a Legal Guardian in Minnesota
How to Become a Legal Guardian in Minnesota Congratulations is in order. You or someone you know probably wants to become a legal guardian in Minnesota. 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…
Elder Law in Minnesota | What an Elder Law Attorney Does
Elder Law in Minnesota Elder law is a broad term which encompasses various different legal matters. It can be guardianships, consevatorships, powers of attorney, medical assistance and even Minnesota probate law. Potentially, as you advance in years, there’s the chance that you may run into a legal matter which falls into this classification. And once…
Preparing for Incapacity | Minnesota Wills, Trusts, and Guardianships
All of us have the potential to become incapacitated at any given point in time. It’s not a nice truth, but it’s a truth, nevertheless. Some of us see it happening years beforehand. Others of us see it only seconds before it’s already too late, leaving us unable to continue living our lives to the…
Proper Trust Accounting in Minnesota | Duties of Trustees
What is a proper trust accounting in Minnesota? Under Minnesota trust code, a trustee of a revocable or irrevocable trust, in Minnesota, must conduct a “trust accounting” and serve the same upon any beneficiaries or other “interested parties” of the trust. (As an aside, I will not go into what the term “interested parties” means…
Should You Get a Trust? | Minnesota Estate Planning
MN Estate Planning | Should You Get a Trust? Minnesota Trusts are funny little things. You’ve most likely heard them tossed around in the same sentence as wills and estates, but you might not be sure if having one is really advantageous to estate planning. This article aims to tackle that issue head on. Before…