When planning your estate in Minnesota, it is essential to consider how to distribute your assets, particularly your family home. If you do not have a documented plan, your loved ones may endure a lengthy legal battle and potential tax liabilities. Various options can...
When a divorcing couple in Minnesota reaches a property division agreement, they draft a divorce settlement. This is then submitted to the court, and, if everything seems to be in order, a judge issues a divorce decree. Divorced spouses are required to abide by the...
Minnesota residents set up their estate plans to ease the stress during an already painful time for their families. While it’s usually older residents setting up estate plans, an unexpected death can be ten times more painful without something in place - regardless of...
When a loved one dies, the heirs often have some work to do. Estate planning is essential because you can save your heirs a lengthy probate process and a lot of money if you already have your will or other legal documents in order. We don't always know beforehand that...
Creating an estate plan is an essential part of passing on your legacy. After you pass away, your loved ones will look to your will and other estate planning documents to determine your final wishes. When your estate plan is missing critical information, it can be...
If you are in a blended family, you may already know that estate planning can be a bit more complicated than in traditional families. There are more potential heirs to consider, and you must ensure that your assets get distributed the way you want them to be. You...
A beneficiary designation is a way for you to pass your assets on after you die. Here are some common estate planning mistakes that Minnesota residents make when they're getting their affairs in order. You're not always covered with a will alone One popular...
