In Minnesota and across the country, payroll collections are essential to the successful enforcement of child support orders. Across the country, almost 66 percent of all child support payments are made through electronic portals that streamline payroll withholding at the workplace. In 2017, $24.4 billion of a total $32.4 billion in child support payments across the country were collected through direct payroll deduction according to the federal Office of Child Support Enforcement.
There are many reasons why a Minnesota resident with a trust-based estate plan may fail to place their assets into the trust during their lifetime. However, if there is no other will that dictates what should happen to the assets, the inclusion of a pour-over will can ensure that the assets are passed to the trust when the grantor dies.