On behalf of Ed Shaw Law | Dec 23, 2019 | 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...
On behalf of Ed Shaw Law | Nov 27, 2019 | Estate Planning
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...
On behalf of Ed Shaw Law | 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...
On behalf of Ed Shaw Law | Aug 20, 2019 | Estate Planning
Many people in Minnesota might put off estate planning because the topic is not an easy one to consider. However, it may be especially important for people who have a special bond with a pet to have up-to-date estate plans. In the event that a pet owner passes away...
On behalf of Ed Shaw Law | Jul 26, 2019 | Estate Planning
Minnesota residents may rightfully assume that a living will is an essential part of an estate plan. However, they should also strongly consider including a living trust as well. Despite the similarity in their names, living wills and living trusts are completely...
On behalf of Ed Shaw Law | May 15, 2019 | Estate Planning
In Brainerd, Minnesota, people who invest in IRAs often neglect to name primary beneficiaries when they open their accounts. People think they will name their beneficiaries at a later date but then forget to update the information. It is always a good idea to name...
On behalf of Ed Shaw Law | Nov 29, 2018 | Estate Planning
Some Minnesota residents may not find out until a loved one’s death that they have been named as the executor under the testator’s will, while others learn this well ahead of time. An executor has a number of responsibilities that include paying creditors,...
On behalf of Ed Shaw Law | Aug 21, 2018 | Estate Planning
Minnesota parents may want to consider expanding their estate planning instructions if their children are minors. Wills offer parents the opportunity to appoint guardians for their kids. However, this still leaves a gap between what happens after the parents’...
On behalf of Ed Shaw Law | 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...
On behalf of Ed Shaw Law | Mar 22, 2018 | Estate Planning
Minnesota residents should take time to review their estate plans as there are many things that can render all or parts of them ineffective. If the documents have not been reviewed since they were created or it has been some years since they were assessed by an...
