May 2015 Archives

Minnesota takes the sting out of no contest clauses in wills

We recently posted tips to help you to avoid family conflicts over your estate. However, we are also mindful of the fact that some people may not be satisfied with how you have provided for them in your estate plan. For those beneficiaries of your estate, the law offers you an option that might make them think twice before pursuing a will contest.

What role do fiduciaries play in estate planning?

Although they usually do not play a direct role in estate planning, fiduciaries serve important functions in carrying out the protection of assets and the division of assets that are essential to an effective estate plan. The executor of a will, the trustee of a trust or the agent named in a health care directive may not be part of the estate planning process, but they are important to the long-term care of an individual and to the eventual distribution of that person's assets.

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