As 2020 draws to a close, it may be time to take a fresh look at your financial and legal documents to ensure that your affairs are in order and that you are ending the year on a solid foundation This is especially important if you’ve experienced...
If you’ve set up a Revocable Living Trust, congratulations! As a Minnesota will and trust lawyer, I assure you that you’ve taken a very important step in protecting your assets and your family in the event you become incapacitated or pass away....
The number of adult children caring for their elderly parents is growing at a very fast pace. If you are a baby boomer and not already caring for an elderly parent, chances are high that you might be facing this situation soon. It isn’t always...
Estate planning for a married couple is often pretty straightforward: you leave all of your property and money to your spouse who also takes care of the minor children. But what happens if both parents pass away unexpectedly or if you’re a single...
As a Minnesota estate planning lawyer, it’s easy to see why so many people put off writing their wills. After all, no one really wants to think about their own death, let alone prepare for it. In reality, though, preparing by creating a will is...
During the early stages of Alzheimer’s disease, your mom or dad will likely need help managing his or her financial and personal affairs. If your parent already has a Power of Attorney or living will in place, a new diagnosis of dementia should...
Excluding someone from your will, particularly if it's your spouse or your child, can be complicated. In some states, it's not even allowed. Leaving out people who wouldn't automatically receive any of your estate is usually as simple as just not...
Unfortunately, many parents of children with special needs wait until their child turns 18 to consider creating a Special Needs Trust. Sometimes, they even wait until their child eventually needs government benefits like SSI or Medicaid. However,...
One of the most common questions asked when it comes to settling an estate in Minnesota is, “How long is this going to take?” The answer to that question is, of course, going to vary depending upon several factors. In some situations, Minnesota...