Helping Generations Of
Minnesotans Plan For The Future
Estate planning is a crucial process that involves preparing for the distribution of your assets and the protection of your loved ones after you're gone. While the convenience of online estate planning templates may be appealing, there are several compelling reasons...
Estate planning can greatly help people control how their assets are dispersed after they pass away. However, many people don’t make estate plans or even consider making a will because it’s commonly believed that estate planning is only for the rich or the elderly. ...
It’s understandable that when someone has worked their whole life and saved their money for a comfortable retirement and to leave a legacy to their heirs, the last thing they want is for all their assets to be used for long-term care. Many people probably realize that...
There are many reasons why one person might choose to disinherit a family member who expects to receive property from their estate. Perhaps the testator no longer has a close relationship with that particular individual. Maybe their relationship is still solid, but...
A living trust is an estate planning tool that allows you to designate another person or entity (trustee) to manage specific assets on behalf of your loved ones. And if you get it right, a living trust can offer a myriad of benefits such as bypassing probate and...
As a responsible parent, one of the most crucial decisions you can make is choosing a guardian for your children. It’s a decision that demands careful consideration and planning to help ensure the well-being and future of your precious little ones. Although it may...
Estate planning is the process of anticipating one’s death and ensuring their assets are distributed to the testator's wishes. Many people make estate plans and never update them. But, estate planning is a lifelong process that may need to be altered. There are a few...
When drafting your will, you expect a smooth probate process for your loved ones. But an interested party may contest it on the grounds of undue influence, fraud or lack of testamentary capacity. Nonetheless, you can prevent this by including a no-contest clause in...
There are many different kinds of trusts that can serve numerous different estate planning purposes. There are spendthrift trusts to prevent someone from squandering their inheritance and special needs trusts to provide support for a loved one with medical issues...
When drafting your will, you expect it to go into effect when it goes to probate. But this may not be the case. If your will is contested, it may take time before your beneficiaries receive their inheritances, which is not what you wished for. Luckily, you can prevent...
