In a divorce, assets such as your Minnesota home will need to be divided in an equitable fashion. A number of factors will likely be evaluated to determine if a proposed settlement can be considered equitable. Those factors may include when an item was acquired, how...
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...
When the subject of separation is brought up or after being served with divorce papers, the gut reaction for most people in Minnesota is to leave the marital home they share with their soon-to-be ex. However, this might be the greatest mistake you'll ever make during...
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...
Going through a divorce in Minnesota is never easy, and selling your house can be one of the hardest tasks you face during this time. If you are not careful, you could end up losing a lot of money in the process. The following tips can help minimize the stress and...
Estate planning might become a top priority among older people interested in caring for family members. Millennials might be the beneficiaries of many Minnesota wills and trusts, but younger persons shouldn’t think they don’t need to make their estate plans. No matter...
There's no such thing as a simple divorce in Minnesota. There's stress and emotional upheaval, not to mention uprooting your entire life. Houses and mortgages only tend to make things harder. Some people make the errant assumption that getting out of a marriage means...
Couples in Minnesota who are set to become new parents need to prepare for their bundle of joy. Estate planning is a huge step you need to take to protect your baby. You should focus on these steps. Create your will You need to create a will as one of the first steps...
Minnesota residents might not know how to bring up the topic of estate planning around their elderly parents. Despite how difficult this conversation can be, it’s crucial to have these conversations early and often. An estate plan outlines what should happen to your...
At the end of most divorces in Minnesota, all of the property is divided or disposed of, which might mean that the home you lived in during your marriage will be up for sale. The proceeds are usually divided in an equal fashion. If you are a real estate investor, you...
