Month: December 2014

When Updating A Will May Be Advisable

A will is often the most important estate planning document for Minnesota residents, and there are times when it may make sense to update one. For instance, when an individual with an existing will gets married, the spouse does not necessarily become the main heir....

5 Steps To Take After A Loved One Dies

5 Steps to Take after a Loved One Dies If you are grieving the recent loss of a spouse or other loved one, you are likely dealing with a mix of emotions that include grief, anxiety, and confusion. Handling funeral arrangements, final bills, and end-of-life health care...

Types Of Trusts

For some Minnesota residents, establishing a trust may be a helpful if not essential part of their estate planning. Trusts fall into two basic categories: testamentary and living. Testamentary trusts, as established in the will itself, takes effect only after the...

Couples Who Cohabitate Need An Estate Plan

Couples Who Cohabitate Need an Estate Plan According to the National Center for Health Statistics, more people than ever before are living together prior to tying the knot, with almost half of all women between age 15 and 44 choosing to cohabitate before walking down...

Avoiding Mistakes On Beneficiary Forms

Estate planning is a complex process that is in some sense unique to each Minnesota resident. A person's family relationships and charitable choices have can have an enormous impact, and outlining how assets are distributed can be complicated. With so many factors to...