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Minneapolis, MN Estate Planning Blog Articles

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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.
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.
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.
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?
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.
Minnesota residents intending to transfer wealth to an heir or heirs should consider a trust that prevents a teenager or young adult from making impulsive monetary decisions.
In this article, we reveal a few surprising revocable and irrevocable trust strategies and how they create a more intentional and flexible Minnesota estate plan.
A conservatorship may become necessary because of significant mental decline from diseases like Alzheimer's or a person's inability to manage their personal or financial affairs due to aging or an intellectual disability. Anyone considering a conservatorship for a loved one should speak with a seasoned estate or elder law attorney.
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.
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