An often misunderstood but common estate planning tool is the power of appointment. Not to be confused with a power of attorney (the document that allows you to delegate someone to act on your behalf ...
Preparing Your Beneficiaries to Receive their Inheritance
An often-overlooked aspect of estate planning is preparing beneficiaries to receive money and property. With all of the thought that goes into making sure taxes are minimized, probate is avoided, and ...
What is the difference between a will and a trust in Minnesota?
A will is basically a letter to the Court explaining how you want your assets to be distributed following your death. The only one who listens to a will is a probate judge. The only place it is valid ...
Estate Planning Before a Major Health Event
Receiving a health diagnosis or learning that you need to undergo major surgery can cause substantial disruption in your day-to-day life. During this time, the last thing you may want to think about i...
Modernizing an Outdated Estate Plan in Minnesota
Estate plans evolve. Or at least they should. Any plan that doesn’t match your current financial and family circumstances may be out of date and in need of an overhaul. We can help you revitalize th...
What happens to your debt when you pass away?
Have you ever wondered what would happen to your debts if you passed away before paying them off? Will your loved ones be obligated to pay your debts or will they simply disappear? Every person’s de...
Does your family know about your estate plan?
Should your family know all the details of your estate plan? You might have worries over stirring up family tension, or perhaps the subjects of powers of attorney and healthcare directives aren’t th...
How do your online accounts fit into your estate plan?
How do digital assets factor into estate planning? When someone passes away, an executor gathers, protects, and manages a deceased person’s estate assets. That’s hard to do with digital assets. Hi...
Estate Plan Executors: Is This You?
Have you been asked to serve as an executor on an estate plan? Or perhaps you are trying to decide who should be the executor on your own estate plan. Below are a few things you should know about the ...
CDC COVID-19 Guidance and the end of the mask mandate in Minnesota
On May 12, 2021, the Centers for Disease Control and Prevention (CDC) announced that fully vaccinated* people no longer need to wear masks or social distance in any setting, except as required by loca...