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Reasons to Choose a Testamentary Trust Over a Living Trust
February 9, 2020Virtus LawNo CommentsCategories: Articles, Estate Planning

Reasons to Choose a Testamentary Trust Over a Living Trust

We often face important choices that can result in life-changing results. In estate planning, which is already heavily vested in life and death, you may find yourself comparing estate planning tools. ...

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Probate How-To: Property is Owned in Multiple States
February 3, 2020Virtus LawNo CommentsCategories: Articles, Estate Planning

Probate How-To: Property is Owned in Multiple States

When someone dies, the property they leave behind usually becomes their estate. But their estate must follow a certain process in order to be transferred to their heirs. Their estate must go through p...

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Spousal Lifetime Access Trusts at Virtus Law
January 27, 2020Virtus LawNo CommentsCategories: Articles, Estate Planning

Spousal Lifetime Access Trusts May Offer the Flexibility You Need

Being married has its perks. Even in the estate planning field, married couples may have access to sophisticated tools and strategies that don’t work for single people. The spousal lifetime access t...

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Real Estate: What Role Does It Play in Your Estate Plan?
December 30, 2019Virtus LawNo CommentsCategories: Articles, Estate Planning, Real Estate

Real Estate: What Role Does It Play in Your Estate Plan?

For many people, real estate may be their largest asset. Real estate holdings, whether commercial or residential, tend to be high ticket items with lasting value. Doesn’t it make sense, then, that y...

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Estate Planning in Minnesota
December 16, 2019Virtus LawNo CommentsCategories: Articles, Estate Planning, Tax

Estate Planning has become Opportunities to eliminate Income Taxes

By Thomas M. Fafinski  As we approach the end of another year, our minds seem to naturally wander to estate, asset protection and income tax planning strategies for you. The Federal Estate Tax—The ...

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Virtual Estate Planning Will Become Mainstream
December 1, 2019Virtus LawNo CommentsCategories: Articles, Estate Planning

Virtual Estate Planning Will Become Mainstream

By Thomas M. Fafinski, tom@virtuslaw.com   For years, we have been able to execute business transaction documents electronically from the convenience of our home or office or even by use of a sma...

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national estate planning awareness week
October 22, 2019Virtus LawNo CommentsCategories: Estate Planning, News

Estate Planning for Modern Families

Are you a part of a blended family with “steps,” ex’s, new spouses or family members who just do not get along? You’ll want to make sure your family dynamics are accounted for and everyone is ...

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Estate Planning Awareness Week
October 21, 2019Virtus LawNo CommentsCategories: Estate Planning, NewsTags: #NationalEstatePlanningAwarenessWeek, Estate Planning, Pets

Who is going to feed Fido?

It’s important to not think about estate planning as something you do for yourself (or something that can be overlooked). One of the best ways you can show appreciation for your loved ones is to mak...

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national estate planning awareness week
October 21, 2019Virtus LawNo CommentsCategories: Articles, Estate Planning, NewsTags: #NationalEstatePlanningAwarenessWeek, Estate Plan, Fool-proof Estate Plan, Trust

Creating a Fool-Proof Estate Plan

Whether it is due to financial immaturity, a disability, or concerns about your child’s spouse… there are solutions to ensure that the inheritance you are leaving behind for your adult children is...

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November 29, 2018Virtus LawNo CommentsCategories: Articles, Estate PlanningTags: Estate Planning, Probate, Will, Will Contest

5 Tips for Avoiding a Will Contest

Will contests can be heartbreaking. Family bonds may be irrevocably broken as feuds start that may last for years. It doesn’t have to be that way. Please read on to learn five tips for avoiding a Wi...

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