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Coronavirus Impact and Assurance: Yes! We are still open for business!

For the last year, thanks to the hard work of all of our staff, and you, our clients, no one who works at this office has gotten Covid while working here, and we have not spread a single case to any of our clients, while getting all of our client's legal needs taken care of. With the spread of vaccination the end is in sight, normal times where we can meet our clients in person in the office are just around the corner.

During the transition we will be having some in person, in office appointments for clients who have already been vaccinated, and for whom the CDC recommended period of time has passed since their last shot. Of course, for anyone who would prefer a phone or video appointment for safety, convenience, or any other reason those types of appointments are always available.

For our clients who have not yet completed the vaccination cycle phone and video appointments are of course available, and, with the return of warm weather we will again be offering outside appointments under the tent right outside our front door. For all appointments, masks will continue to be required.

Through the transition safety of all staff and clients will continue to be our top priority, we look forward to seeing you soon.

Please see our blog for more info on pandemic response.

How to avoid common estate plan mistakes

| Apr 30, 2018 | Estate Planning

The increase in the estate tax exemption to $11.18 million can be a good thing for Minnesota residents and others. However, there are ways for an individual to jeopardize his or her plan for what happens to assets after passing away. For instance, passing away intestate could mean that heirs have to spend time and money proving that they are owed a portion of an inheritance.

It could also call in question whether a special needs family member is entitled to continue receiving government benefits. In some cases, an individual who tries to create an estate plan on his or her own could be making critical mistakes that may render the document invalid. In the event that the document itself is valid, executing it in an invalid manner could render it meaningless in the eyes of the law.

Those who have created an estate plan should be sure to review it on a regular basis. Ideally, it will be looked over with an attorney every five to seven years at the latest. However, it can also be beneficial to go over an estate plan after life events such as a birth, marriage or divorce. When making the plan, individuals should be as open and transparent as possible to give themselves the best chance of having their wishes met.

Ideally, an individual will begin estate planning as soon as he or she becomes an adult. Getting married, buying a home or having a child may also provide the motivation to create an estate plan. An attorney might be of assistance during the estate plan creation process. He or she might be able to advise on the types of documents needed to protect the interests of the client.

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