When you first get married, you may feel like you will be young and in love forever. Even after the honeymoon phase ends, you and your new spouse will likely derive a lot of joy from your newly-solemnized relationship. You may not want to diminish your happiness by...
The personal representative of an estate, what some people call an executor, has to handle all of the requirements of probate administration. They have to review the estate plan and file taxes. They have to distribute property to beneficiaries and possibly attend...
The more thorough and up-to-date your estate plan is, the more it will protect you as you grow older and after you die. Too many people in Minnesota reviewing or creating their estate plans focus solely on what happens to their property or their children when they die...
For many people, thinking of a trust conjures images of well-to-do, spoiled adults in their twenties living off of their parents' money. While trusts are absolutely useful for the most affluent members of society, they are also an important form of protection for the...
Probate proceedings involve court oversight of how you distribute someone's property. They are more than just long and dull hearings where you submit paperwork and discuss someone's will or other testamentary documents. Estate administration in probate court also...
As you grow older, you may find yourself needing to revisit your estate plan. The plans you first created in your 20s or 30s may no longer effectively protect you or the people you love. Your family circumstances may change, and you may acquire or get rid of certain...
When your children are still young, you can protect them by putting their inheritance in a trust. There will be resources available if their guardian struggles to provide for them, but there will also be rules that prevent the guardian from abusing and using up their...
When you ask many people why they want to do estate planning, eliminating the potential for disputes is at the top of the list. They simply say that they want to make sure they know what's going to happen to their assets so that their children don't fight over them....
Getting notice that a college approved your child's admissions application is an incredible experience. The whole family likely wants to celebrate their achievements. After you celebrate, you will have to start thinking about the practical implications of their higher...
When you’re planning a way to pass on inheritances or protect your assets, one of the options you may select is to create a trust or multiple trusts to do so. It is necessary to understand the basics of how a trust works to make sure you set it up to be as protective...
