May 15, 2020

Everyone has an estate plan. Even if you have never been to visit an estate planning attorney, the assets that you own will - one way or another - find their way to someone else upon your death. There are, in general, three basic ways that assets pass after someone has died. Proper estate planning takes all of these into account to ensure your wishes are followed. 

An effective estate planning attorney can ensure your assets ar...

June 17, 2019

A Minnesota transfer-on-death deed (a “TODD”) is type of deed that transfers ownership of real estate effective only upon the grantor’s death. Think of a transfer-on-death deed as analogous to adding a beneficiary designation to your real estate, just as you would a life insurance policy or a bank account. We’ve covered more of the basics of using a transfer on death deed here.

In order to be effective, a transfer-on-death deed...

February 14, 2019

Meeting with an estate planning attorney can seem overwhelming. And when your attorney starts using terms like “intestate succession,” “attorney-in-fact,” or “probate,” it can feel like they are speaking a different language. In this article, we’ll break down some of the terminology that you may hear during an initial estate planning consultation.

A health care directive is a legal document in which you designate someone to mak...

September 12, 2018

When we sit down to create an estate plan with our clients, we’re looking at the big picture. We’re looking at what we can do to reduce or avoid estate taxes, provide for a surviving spouse and minor or disabled children, avoid probate or excessive court filing fees, and mitigate potential family feuds. An improperly executed estate plan can end up costing you more in attorney’s fees, court costs, and taxes than it would have...

July 24, 2018

As my estate planning practice continues to grow, I’ve had the pleasure of meeting many different types of people. My clients come to me at various stages of life, with a diverse range of assets, family situations, health issues, and histories. Despite these differences, I’ve noticed a common theme among my clients: many of them tell me they’ve waited way too long to complete their estate plan, and, after we’ve signed their do...

July 13, 2018

Once the euphoria of your big day and the relaxation of the honeymoon have passed, it is time to address your lives together as a married couple. Part of the adjustment is ensuring that your estate plans accurately reflect your new relationship as spouses. While your vows end with “’til death do us part,” it is vitally important to ensure that the surviving spouse is prepared if the other passes away. 

Whether marrying at a you...