In Minnesota, there are specific laws that apply to the different kinds of wills. Many people think that their verbal word is enough to make a binding contract, but did you know that is not the case in this state? Minnesota has specific rules that you must adhere to...
Month: August 2021
Why naming a health care power of attorney is not enough
One essential element of estate planning is planning for ill health. One aspect of that is choosing a health care power of attorney. Yet deciding who you want to do it and completing the necessary documents is not enough. The documentation is the easy part, and you...
Why would you want to fund a testamentary trust?
There are a number of reasons why individuals fund trusts. They often do so to shield assets from creditors if they were to face a lawsuit. A testator may also do so to preserve their eligibility for Medicaid and other government benefits. Some individuals may also...
