Minneapolis, MN Estate Planning Blog Articles

Estate planning for financial security is wise for women and men at any age. Preserve funds, build wealth, and protect yourself from financial risks.

Life insurance plays a vital role in comprehensive estate planning. By carefully selecting the right type of policy, designating appropriate beneficiaries and considering the use of trusts, you can ensure that your estate plan effectively addresses your financial goals and provides for your loved ones after your passing. The key is not procrastinating on setting an end goal for your family on which to base your decisions related to life insurance and your Minnesota estate plan.

Your required minimum distributions, or RMDs, can impact other aspects of your financial life, like taxes or Medicare costs, as well as your overall estate plan.

Non-traditional, or blended families, are becoming more common in Minnesota and nationwide. Uniting two separate families into one and possibly introducing new children makes comprehensive planning with a professional estate attorney essential.

If you have a blended family, own property in multiple states, or want to avoid probate, these are 3 signs you definitely need a Revocable Living Trust rather than just a will.

Once you have a child, you’ve got a bundle of joy—and a lifelong commitment to caring for the child, sometimes even after they reach adulthood. What would happen if something happened to you and your partner? To be sure your child or children are taken care of, it's essential to create a comprehensive plan that ensures your children will be cared for according to your wishes.