Ed Shaw Law - Brainerd Attorney
Call 800-507-0352 To Schedule A Consultation
Call
To Schedule A Consultation
Offices in St. Cloud and Brainerd, serving all surrounding areas
Coronavirus Impact and Assurance: Yes! We are still open for business!

As you are all aware, we are currently facing unique challenges due to the Coronavirus. While this is a serious crisis, it is important to keep it in perspective, and not allow it to prevent us from going about our business. We want to assure all of our clients that this office is prepared to serve your needs, regardless of what happens and how the virus affects Minnesota. In an effort to keep the office safe, we have stepped up prevention and sanitation measures in hopes to prevent disease transmission.

Because we are a paperless office, our entire staff is prepared to work from home if necessary. No matter what happens, we will continue to provide our clients with the highest quality legal services.  So far, not one client or staff member has become infected based on contact at this office and we will continue with safety protocols in an attempt to keep it that way. My office will continue to put the safety of our staff and you as our top priority. We do greatly appreciate your cooperation in conducting business in a safe fashion by utilizing current technology. Regardless of what happens, we will continue to take care of all of your legal needs.

Please rest assured, we will continue to take care of your legal needs in this challenging time, and your safety is our highest priority.

Please see our blog for more info on pandemic response.

If you are recently divorced, consider reviewing your estate plan

| Feb 13, 2019 | Uncategorized

As a general rule, you should review your estate plan periodically and make changes as necessary. You should be especially sure to update your plan after major life events, such as the birth of a child, purchase of a home, death of a loved one or even a divorce.

In Minnesota, divorce should remove your ex-spouse from some estate planning documents. However, it may be prudent to go through all your estate planning documents with a professional to make sure your ex is removed in all possible places and someone new is selected instead.

Select new beneficiaries

It is important you reevaluate your assets, which may have changed in the divorce, and who you would like to have them after you die. This can mean revoking an existing will and replacing it with an updated one. It can also mean assigning a new beneficiary to accounts like stocks, bank accounts, retirement accounts, payable-on-death accounts and life insurance.

Name others to take control

If you listed your ex-spouse as the executor of your will, you may need to select someone else for that responsibility. It may also be beneficial to consider who will manage your financial affairs and medical decisions if you become incapacitated. Updates may need to be made to power of attorney documents or health care directives.

Considerations for minor children

If you have minor children, a trust may now be a more appropriate way than a will to pass on your possessions because it can allow you to have more control over the time they receive the assets and what the assets can be used for. You can also appoint a guardian for your children in case you die unexpectedly and something prevents their other parent from becoming their guardian.

If you have been recently divorced, there are several changes you should consider making to your estate plan. An estate plan that no longer reflects your needs or wishes can cause your family significant time, money and emotional turmoil if they must dispute documents in court. By updating your estate plan, you can make your wishes clear and prevent many of the complications that could otherwise happen.