Month: April 2015

When a person owns a non-qualified deferred annuity and leaves it to a designated beneficiary other than a surviving spouse, the beneficiary will then have several different options to receive the funds. It is important to understand the different options and then to...

Young People Still Need an Estate Plan If you're a young person just starting out, creating an estate plan is probably the last thing on your mind. Instead, you're probably worried about finishing college, landing your first job, or figuring out whether you want to...

One of the biggest errors baby boomers tend to make is failing to complete their estate plans because they either think the plans are unnecessary or they simply put them off. Failing to complete estate plans can leave families dealing with protracted court processes...

No Thanks: What Happens When a Beneficiary Refuses a Bequest? When most people create an estate plan, they do so with the idea that the money and property they pass on will be a welcome benefit to their loved ones. In some cases, however, the recipients don't wish to...

While many Minnesota residents may be familiar with the traditional big three estate planning considerations, they may not be as aware of other things that should be taken into account. Historically, estate planning has been conducted with an eye toward taxes, family...