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estate plan
Most documents within an estate plan involve preparing your family for the event of your passing. There is one document, however, that addresses how to handle your medical care while you’re still alive: the healthcare directive. What Is a Healthcare Directive? A healthcare directive, also known as an “advance directive,” is a legal document that...
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A comprehensive estate plan is important to create and update during all phases of life. It protects your assets from unwanted distribution in the event of your death and clarifies your wishes on crucial topics like healthcare, power of attorney and child guardianship. Protect the people you love and the money you’ve worked hard for...
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Divorced Men Moving Out
An estate plan outlines your final wishes in the event of your death, including covering how to divide your assets and provide for your children. Should you get divorced, you will want to update your estate plan to help protect you and your family from undesired consequences. Why Is an Estate Plan Update So Important?...
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Living Will
Estate planning is a difficult exercise for most people. It means facing your mortality, making difficult decisions about care in your final days, and dividing your property after your death. A full estate plan takes all of this into consideration, but also incorporates items that only matter while you are living. One such item, a...
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It’s that time of year again. Thousands of parents are sending their kids off to college or to their first jobs after high school graduation. Many are looking at each other wondering where the time has gone and how the kids grew up so fast. And many wonder what to do next. While you adjust...
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The most common question an estate planning attorney hears is, “Do I really need a will?” As all lawyers do, we hedge our bets and say, “maybe.” Here’s why: Your particular family and financial circumstances dictate whether you should have a will or whether your wishes would be fulfilled under Minnesota’s intestate laws. These laws...
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Minnesota pop icon Prince became a worldwide phenomenon due to his new sounds and creative lyrics. He taught us all a lot, both through his music and his outspoken beliefs that artists should have full control over their music. And now, even in his death, Prince leaves behind one final life lesson for us all...
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Some changes come so quickly and are so pervasive that people rarely stop to think about the consequences. Not that long ago, data storage meant boxes and boxes of paperwork. Seemingly overnight, the record of our lives moved from shoeboxes and filing cabinets to cloud accounts. Much of who we are is stored online, whether...
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You did it! You took that often-dreaded step and worked with a lawyer to create your estate plan, which includes a will, an advanced health care directive, and possibly a trust or two. You have your estate planning documents in hand, and you feel a great sense of relief and accomplishment. But now what? Is...
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