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6 Minnesota Probate Mistakes Personal Representatives Make

The Personal Representative of an estate, sometimes called an executor, is in charge of administrating the deceased’s estate.  Probate, also known as Estate Administration, includes collecting and inventorying the assets, paying valid debts, filin… Read More
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Federal and Minnesota Estate and Gift Tax

Estate planning basically amounts to a way to give gifts at the time of your death. When you hear about the possibility of estate tax, you may wonder if it is possible to give the gifts while you are still alive and avoid estate taxes. This strategy… Read More
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Categories: Estate Planning

Federal Estate and Gift Taxes

Estate planning basically amounts to a way to give gifts at the time of your death. When you hear about the possibility of estate tax, you may wonder if it is possible to give the gifts while you are still alive and avoid estate taxes. This strategy… Read More
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Categories: Uncategorized

Assumptions, Calculations, and Formulas: Are My Benefit Payments Being Calculated Correctly?

The letter finally arrived from the insurance company letting you know you will begin receiving monthly disability benefit payments.  A week or so later, a check arrives in the mail.  The check is in an amount less than your normal paycheck.  You… Read More
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Intestate Succession in Minnesota Part 2 – What if I Don’t Have a Will?

If you die intestate, that is without a will, in Minnesota, your assets will go to your closest relatives under state “intestate succession” laws. Part 1 of this post explained what assets go to what set of relatives. But… Who Are My Descendant… Read More
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Intestate Succession in Minnesota Part 1 – What if I Don’t Have a Will?

So by now, everybody knows that it doesn’t look like Prince had a will. What happens next? If you die without a will in Minnesota, your assets will go to your closest relatives under state “intestate succession” laws. As Prince’s estate has s… Read More
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Incapacity Planning – “What if I Can’t Take Care of Myself?” – Business Succession Planning

When people think about estate planning, people immediately think of what will happen to their property after they die. But estate planning covers much more than that. A competent estate planner will also counsel clients to plan for incapacity. Incap… Read More
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Categories: Uncategorized

Incapacity Planning – “What if I Can’t Take Care of Myself?” – Long-Term Care Insurance

When people think about estate planning, people immediately think of what will happen to their property after they die. But estate planning covers much more than that. A competent estate planner will also counsel clients to plan for incapacity. Incap… Read More
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Categories: Uncategorized

Incapacity Planning – “What if I Can’t Take Care of Myself?” – Health Care Directives

When people think about estate planning, people immediately think of what will happen to their property after they die. But estate planning covers much more than that. A competent estate planner will also counsel clients to plan for incapacity. Incap… Read More
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Incapacity Planning – “What if I Can’t Take Care of Myself?” – Power of Attorney

When people think about estate planning, people immediately think of what will happen to their property after they die. But estate planning covers much more than that. A competent estate planner will also counsel clients to plan for incapacity. Incap… Read More
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