COVID-19 has changed the world, and some Minnesota residents may be concerned about how this pandemic could affect their current estate planning status. Financial professionals recommend a careful review of these plans every few years; however, COVID-19 may push those...
Why and how to create a special needs trust
People in Minnesota who have a disabled child might need to create a special needs trust as part of an estate plan. There is a limit on how much an individual can own in assets while still drawing government benefits, and a special needs trust can ensure that the...
The realities of selling a loved one’s property after they die
A family may be eager to sell their loved one's Minnesota home after they pass away so that the beneficiaries can receive their share of the proceeds. However, this is not something the family can do immediately. Instead, it must occur according to the timing dictated...
