When you are thinking about the future, it can be easy to put off estate planning and dismiss it as something to deal with later. This is the mistake many people make and consequently end up leaving their family to navigate the complexities of probate and property...
Firm News
Revocable Trusts May Help Protect Assets In Minnesota
Over the years of their lives, most Minnesota residents accumulate property and assets that become important to them. As a result, they often want to protect those assets as best as possible. Some people may take out insurance policies on certain items as a form of...
3 Things To Remember When You Add Grandkids To Your Will
The only joy greater than becoming a parent might be the excitement of becoming a grandparent. When this monumental event occurs, you naturally want to shower your grandson or granddaughter with love and affection, but more importantly, you want to provide her or him...
Retirement Living And Long-Term Care Planning May Coincide
Finding the best place to live out the golden years of life can be difficult for many Minnesota residents. They may want to find a place near their loved ones, while maintaining the ability to remain as independent as possible. Of course, many individuals likely also...
Avoid These 7 Common Medicaid Planning Mistakes
Many people rely on Medicaid or other government assistance programs to provide them with care in their golden years. To qualify for these programs, individuals must meet certain income and asset requirements.Through Medicaid planning, you can plan for your future...
Are Minnesota Residents Missing Long-Term Care Planning?
Though many individuals have insurance and other means for paying for medical expenses, they may not always plan ahead. Because anyone could find themselves in need of extended care at some point in their lives, especially in their later years, long\-term care...
Components Of A Basic Estate Plan
The concept of estate planning may raise the notion that you must be a millionaire or have a consider amount of assets to pass on to one’s heirs. Indeed, that does not describe most of our realities. In fact, ordinary people can have an estate plan Moreover, you can...
When An Estate Plan Has Mistakes: Your Legal Options
You were there with the attorney who drew up your father's will and estate plan. You know that the beneficiaries changed at the last meeting, taking away assets from some who had become distanced from the family and shifting them to newly born members of your family...
The Necessity Of A Fiduciary: What Having A Fiduciary Means
If you're starting to plan your estate, then one term you may have heard time and time again is "fiduciary." What is a fiduciary, though, and how does the fiduciary you have impact your estate plan?A fiduciary is a person who manages your assets, simply put. This can...
Estate Planning: Protect Your Assets And Beneficiaries
When you begin to age, you realize that there are people who depend on you or who you want to take care of that you won't always be there for. Estate planning helps you make sure those people receive the assets you want them to have, so they're supported or have...