Affidavits are a very common legal document. You may have signed several affidavits over the years, without fully knowing what they are. You might have signed one to register to vote or obtain some government benefit. An affidavit can also be used as evidence in a lawsuit....
It is common for individuals beginning the estate planning process to assume it is best to have their adult children join them in the initial meeting with an estate planning attorney. Likewise many well-meaning adults want to help their aging parents get affairs in order by...
Many grandparents who are financially set love the idea of making gifts to their grandchildren. However, they are usually not aware of the many issues related to what many consider to be a simple gift. If you are considering gifting a significant amount to your grandchildren,...
According to the National Census Bureau, grandparent-headed homes are among the fastest growing household types in the United States. Grandparent-headed homes are defined as living arrangements where the primary financial and caregiving responsibilities are held by one or more...
Your children are in school, your spouse is out of state on business, and you get seriously injured in a car accident. What’s going to happen to your children? Do you have a plan to keep your family safe in the event something unexpected occurs during school hours? Many parents...
For parents considering estate planning, one of the most difficult decisions to make is choosing a guardian for their minor children. It is not easy to think about anyone else, no matter how loving, raising your child. But, as the famous quote goes: “Failing to plan is planning...
Workplace romances are never advisable, but sometimes co-workers or business partners fall in love and get married. Unfortunately, they also sometimes fall out of love and get divorced. What happens next? While a divorce between co-workers can be awkward, a divorce between...
Preparing for the future is an uncertain business, but there are steps you can take during your lifetime to simplify matters for your loved ones after you pass, and to ensure your final wishes are carried out. Planning for what happens to your property, or who cares for your...
“The sandwich generation” is the term given to adults who are raising children and simultaneously caring for elderly or infirm parents. Your children are one piece of “bread,” your parents are the other piece of “bread,” and you are “sandwiched” into the middle. Caring for...
Even if someone has a will in place, it’s still likely that his or her estate should be overseen by a good probate or estate attorney in Minnesota. These professionals understand the incredibly complex process that goes along with closing out someone’s estate after he or she...
The “ostrich syndrome” is part of human nature; it’s unpleasant to observe that which frightens us. However, pulling our heads from the sand and making preparations for frightening possibilities can provide significant emotional and psychological relief from fear. When it comes...
Your family-owned business is not just one of your most significant assets, it is also your legacy. Both must be protected by implementing a transition plan to arrange for transfer to your children or other loved ones upon your retirement or death. More than 70 percent of...