The use of a spendthrift trust could help ensure that families in Minnesota and elsewhere don't lose assets because of creditor claims. They can also prevent a beneficiary from squandering money or assets given to him or her by a parent or grandparent. A trustee is...
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Year: 2019
Making the divorce transition easier on children
It's important for divorced parents in Minnesota to understand how to raise their children in nurturing and psychologically sound environments. From emotional issues to financial insecurity, divorce can have negative ramifications in a young child's life. However,...
What are your rights when you’re stopped for a DUI?
You’re driving home from the bar after having a few drinks when you see the flashing lights come on behind you. The natural reaction to noticing that a police officer is pulling you over is to panic. After having a few drinks, this feeling is likely amplified....
Estate planning and blended families
People in Minnesota with blended families should make sure that their estate plans are regularly reviewed and updated, especially after a major life event such as the birth of children, marriage or divorce. If they fail to update their trusts, wills, insurance...
Understanding the penalties for a first DWI
A DWI conviction can come with serious penalties in Minnesota, even for people facing a first offense in an incident where no one was injured. To be arrested for DWI, an individual must usually be found in control of a vehicle with a blood alcohol concentration (BAC)...
Planning for co-parenting during the summer season
Parents in Minnesota may face some challenges adapting to co-parenting after divorce. It can always be difficult to move from parenting full time to sharing the process, especially after the parents' romantic relationship is no longer in place. For the children,...
Beneficiary designations, IRAs and estate planning
Choosing the right beneficiary for an IRA is an important decision to make for people in Minnesota. Individuals who have no family may want to name a charity as beneficiary. Many people choose their spouses. A spouse who inherits an IRA has the same rights as the...
Figuring out divorce-related alimony details
Alimony, or spousal support, is one of the big issues most people in Minnesota and other states associate with the divorce process. However, the exact needs of a lower-earning spouse after a marriage ends can't be determined until marital property and other joint...
Consequences of DWI go beyond law
Duluth, Minnesota, Fire Chief Dennis Edwards submitted a letter of resignation and accepted a demotion after a drunk driving arrest in late March. Edwards will return to his previous position as assistant fire chief, and with it will take a substantial pay cut. But...
Modifications and other child support considerations
When parents in Minnesota get divorced, the noncustodial parent might be ordered to pay child support. This obligation is calculated using factors such as income and child care expenses. However, there are several other considerations parents should keep in mind...