Ed Shaw Law - Brainerd Attorney
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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. For any clients who are not comfortable leaving their homes, we can handle any appointments remotely via phone, FaceTime, Skype, Zoom , and can transfer any documents to you electronically or by mail, if that is your preference.

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.

Estate planning for couples without children

| Oct 3, 2019 | Estate Planning

Some couples in Minnesota and other states have decided not to have children because of insecurities regarding their parenting skills, concerns about their finances, worries regarding climate change and instability, and a wide variety of other reasons. Couples who decide to be child-free experience challenges related to estate planning that are different than couples who have children.

One common idea is that a will is not necessary for child-free couples. Not having a will is actually quite common; it is estimated that over 60% of people do not have one. However, if an individual dies and does not have this important document, the state has the responsibility of determining where a couple’s assets will go. Of course, this is upon the death of both spouses. If just one spouse was to die, their assets would likely go to the other spouse.

Another important document to have is a power of attorney. This crucial document gives a responsible and trusted individual fiduciary responsibility to act in an individual’s best interests. They may pay bills, handle matters regarding an individual’s property or even manage their investments if the individual is not able to do so on their own.

When couples decide not to have children, they need to determine who will receive their money and assets when they die. Many couples choose to give their assets to centers of education, religious organizations or charities.

An individual who is interested in donating their assets to charity when they die may have questions about how to structure charitable donations. An estate planning attorney may be able to provide information regarding charitable trusts to their client. They may also be able to help their clients draw up documents like a power of attorney or will.