Harnessing the power of trusts in your Minnesota estate plan
Estate planning can feel like navigating a labyrinth, but trusts offer a beacon of clarity and control. By setting up one or more trust documents, you can manage your assets more effectively, secure...
View Article3 solutions for financial assets that bypass probate court
Testators establishing estate plans have to address many different types of assets. They may own real property, including investment holdings and their primary residences. They may have valuable...
View ArticleWhat should new parents know about estate planning?
Having a baby is an exciting experience for new parents, but it’s one that comes with some decisions they may not have thought about before. One of these is estate planning. Many new parents don’t...
View ArticleShould you use a DNR order in your estate plan?
If your heart stops beating or you stop breathing, medical professionals may use CPR to try to resuscitate you. In many cases, emergency treatment can save your life. However, some individuals do not...
View ArticleLeaving assets to charity in your estate plan
Including charitable giving in your estate plan is a meaningful way to leave a lasting legacy while supporting causes that matter to you. Whether you want to fund medical research, support education or...
View ArticleIs it time to review your estate plan?
Life can change quickly. One day, you are engaged to be married. Then, before you know it, you have three children and another on the way. Life events, changes in your financial situation and new laws...
View ArticleCan stepchildren inherit when a stepparent dies?
Stepparents often fill the same role as legal or biological parents. They spend every day with their stepchildren. They provide them with guidance, comfort and financial support. They love and care for...
View ArticleThe main benefit of a special needs trust
If you have a family member with special needs, they may qualify for certain benefits, such as Medicaid or Social Security. These benefits are often essential for covering expenses like housing or...
View ArticleWhat is a letter of instruction?
Getting an estate plan together is critical for all adults. One thing that some people don’t think about that may be helpful is including a letter of instruction. This is an informal document that...
View ArticleWhen should you review your advance directives?
An advance health care directive is an estate planning document that outlines your preferences for medical care if you are unable to communicate. However, as your life changes, so might your wishes....
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