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Estate Planning Is Not Just for the Wealthy

Estate planning might sound like something for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about to protect ourselves and loved ones.
Estate Planning is not just for the wealthy, but is for everyone
A family gathering of planning for Independence as You Age

Planning for Independence as You Age

Planning for incapacity is an important part of your estate plan. It makes it possible for your family to take care of you, should you become too sick or injured to be able to manage your own affairs or communicate your wishes.
A couple learning about the right type of power of attorney for minnesotans

What Is a Power of Attorney and Which Is the Right One for Minnesotans?

Learn the essentials of a Power of Attorney and the differences between Common Law and Statutory POAs for Minnesotans.
How to Keep the Cabin in the Family with a Revocable Trust

How a Revocable Trust Can Help Keep the Cabin in the Family

An asset as special as the family cabin needs and deserves planning for the future. Meet with one of our experienced estate planning attorney to create a plan for the future, then go and enjoy your time with the family this summer.
Review your revocable trust

Top Reasons to Review Your Revocable Trust in Minnesota

Regularly reviewing your revocable trust ensures it aligns with your current life circumstances and complies with changing laws. Key reasons include updating beneficiaries, ensuring proper funding, and adapting to federal estate tax changes.
New graduates learning about essential legal documents they need as young adults

Essential Legal Documents for Graduating Seniors

As young adults, graduating seniors need essential legal documents like a healthcare proxy and living will to ensure their wishes are respected and their interests protected.
Woodbury irrevocable trusts

How the New IRS Tax Rule Impacts Irrevocable Trusts in Woodbury

Capital gains taxes are the heart of the IRS Rule 2023-2 changes. Individuals pay taxes on the difference between an asset's purchase price and a higher sell price as that asset's value grows over time. When creating or updating an estate plan, you must consider the new IRS rule.
Grandparents considering using a Medicaid Asset Protection Trust

Understanding Medicaid Asset Protection Trusts

Medicaid Asset Protection Trusts (MAPTs) are a strategic way to qualify for Medicaid benefits and to preserve your assets. This article explores how MAPTs work and their benefits.
Executor duties in Edina

What Are the Executor Duties During Probate?

You might have a job or just have retired, and you learn suddenly that your Great Aunt Lucy died and named you executor of her will. How hard could it be you ask to resolve an estate by yourself without professional advice or a competent professional beside you?
last will and testament in Minnesota

Why Every Adult Needs a Last Will and Testament

This article discusses why having a last will and testament in Woodbury, Minnesota is important, the benefits of having one in your estate plan, and why working with an experienced estate planning attorney is better than creating a will on your own.
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Do I Really Need a Trust and Estate Planning Lawyer?

Some people don’t think you need an attorney if you want to set up a revocable trust, but the truth is, your trust is one of the most important documents you’ll ever create. Having your revocable trust set up with the assistance of an experienced attorney ensures that it will protect your assets and that your wishes will be honored. Book a call today to get started!

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