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Estate Planning

What are the basics of wills in Minnesota?

2020 draws to a close and with it come a lot of lessons. It was a year of unexpected tragedy at global levels that reminds us how we ought to cherish the moments we have together and prepare for the worst while we can. The topic is grim, but what will you leave...

What is a QTIP trust?

If you are one of the many people in Minnesota who wishes to make now the time you create or update your estate plan, you may wonder if a trust could benefit you and your family. When assessing this, you should educate yourself about the different types of trusts you...

What is a QTIP trust?

If you are one of the many people in Minnesota who wishes to make now the time you create or update your estate plan, you may wonder if a trust could benefit you and your family. When assessing this, you should educate yourself about the different types of trusts you...

Understanding the charitable remainder trust

For many people today, supporting a charitable organization may offer them a way to give back to something that they benefited from or to support an effort they believe in and want to see succeed. When making an estate plan, a person may choose to incorporate planned...

Do I update my estate plan during a divorce?

If you and your spouse documented your long-term estate planning needs, you should feel good about having those things in order. When you and your spouse get a divorce, however, those plans may need a refresh. Understanding what you may or may not update after you...

Tips for family talks about estate planning

Minnesota parents may want to lay the groundwork for strong estate planning by talking to their children about their values when they are young. By establishing an early tradition that money is an appropriate subject, they make it easier to discuss finances in the...

Estate plan concerns

Estate planning can be a sensitive, stressful issue for people and families in Minnesota as well as around the country. Many people are uncomfortable thinking about death or the possibility of a debilitating accident or illness. They are even more uncomfortable...

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