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Estate Planning

Estate Planning Minnesota

Businessman Planing Investment Property Estate Next Year 2022. Analysis Marketing Strategy For The Business Estate's Success. Concept Loans, Insurance, And Financial Management For The Future.
Estate Planning Is Not a Taboo Topic There are all kinds of topics that people tend not to discuss at family or friendly functions. The common no-nos are religion and politics. Another topic many don’t want to discuss is estate planning.  Perhaps it’s because it feels morbid or too personal. Let this post from our...
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Woman With Dog At House On The Mountains In Winter
4 Reasons Why You Need to Develop an Estate Plan Did you know you have an estate? It’s true. Everything you own, including your car, furniture, investments, home, and bank accounts, falls under your estate. When you die, anything under your name needs to go somewhere. That’s where an estate plan comes in. If you...
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Work Of Law Firm
The Basics of Naming a Power of Attorney The term “power of attorney” (POA) refers to a legal document that allows another person to make decisions on your behalf. These decisions can be related to finances, healthcare, personal matters or real estate. Naming a power of attorney is an important part of estate planning. It...
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Senior Couple completing Deed Form
Everything You Need to Know About Transfer on Death Deeds If you own property, you may wonder what happens to it after you pass away. In Minnesota, you can use a legal document called a Transfer on Death (TOD) deed to transfer your real estate to a beneficiary of your choosing. A TOD deed or...
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Couple Planning A Route
Is There A Good Time To Estate Plan? No one knows what the future holds. That’s why it’s best to be prepared at all times. Nobody knows the best time to create a will, and that’s why  Estate planning can be complex, but we will go through the basics today. A will is a legal...
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Whiteandassociatesteam
Can A Long Distance Lawyer Work? You may have heard the phrase “all real estate is local,” meaning that no matter what you see in the national news if you’re looking for property, you need to talk to someone who knows the details of your local market. When hiring a lawyer to it is similar....
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Estate Planning
Who Can be an Executor? Technically, an executor is a man appointed to carry out the wishes of someone who has died and manage their estate. If a woman is chosen for this task, she is called an executrix. But for simplicity’s sake, we will refer to administrators of all genders as executors since this...
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Older Couple Estate Planning
Where To Begin With Estate Planning What if you are no longer able to control your assets due to health concerns? Your estate plan should detail who can access and manage your assets as your proxy. Ideally, this person or persons should be the same people who will eventually inherit your estate. Everyone should have...
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Estate Planning with a Lawyer
Do You Have A Will? Gifting and Estate Planning aren’t always top of mind. Estate planning is something you should think about long before retirement. There are several aspects to estate planning. Gifting is one of them. Gifts are subject to certain tax rules. Gifting assets can be beneficial to your estate in several ways....
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Attorney With Magnifying Glass
There will be times in your life when it will be necessary to have someone else sign paperwork on your behalf. Thankfully, the law provides a safe legal way to do this through something called power of attorney. Let’s look at some of these circumstances and what can be done to meet your needs. Power...
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