Trusts may be an excellent tool for some people in Minnesota who are creating an estate plan. They are designed to provide a number of benefits including the ability to pass assets such as IRAs on to beneficiaries in a way that will defer or avoid taxes while growing...
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Year: 2018
Divorcing? Did you remember to update your estate plan?
If you’re planning to get divorced, there are probably a thousand issues running through your head. Who will get custody of your children? How much will you have to pay in alimony? How will you move past the pain and resentment you feel toward your ex? With all...
Prince’s heirs still awaiting money from his estate
In Minnesota, an executor and attorneys may have collected some money from the estate of the late musician Prince, but none of his heirs have received anything yet. Prince did not leave a will, and after two years, the probate process is still ongoing. Probate is the...
How a DUI conviction in MN affects your driving privileges
Just like that, you're in the back of a cop car and under arrest for DUI. Your adrenaline is pumping. And now you fear that you're facing a conviction. What's going to happen? It may take a little investigation to get an idea of what to expect as each DUI conviction...
An estate plan is the only way to ensure end of life wishes
Most people understand the value of a will and intend to create one. The question is when. Wills and other estate plans tend to fall into the "I'll do it later" category as daily life takes priority. Most research finds that only half of Americans have an existing...