April 13, 2020

As the novel coronavirus COVID-19 continues to disrupt our daily life and leave us uncertain of the future, you don’t have to feel helpless during this pandemic. In fact, now is a great time to be proactive and plan ahead should you or a loved one fall ill. One of the most important – and relatively easy – documents to complete is your advance healthcare directive.

What is an Advance Healthcare Directive?

An advance healthcare d...

October 3, 2019

We’ve previously discussed how a Transfer-on-Death Deed ("TODD") can be a good tool for avoiding probate and simplifying the estate administration process in certain circumstances. We know that in order to be valid, a TODD must expressly state that the deed is only effective upon the death(s) of one or more grantor owners, transfer the real property interest to one or more grantee beneficiaries, and must comply with all provis...

September 24, 2019

Our office provides a variety of real estate services, including title and closing services. Buying or selling real estate requires transferring title with a deed and recording it with the county recorder’s office in which the property is located. The original deed is then returned to the buyer for safe keeping. If, for some reason, the original deed is lost or misplaced, copies of the deed can be obtained from the county reco...

August 19, 2019

It’s that time of year again. Summer vacation is winding down, the kids are going back to school, extra-curricular activities are ramping up, the weather is (finally) cooling off, and the leaves are beginning to change. We recommend reviewing your estate plan every three to five years, or after a major life event. As you’re helping your children get ready for another busy year – and before the holiday bustle begins – now is a...

August 19, 2019

Minnesota law provides that if the value of the entire probate estate, determined as of the date of death, wherever located, including any contents of a safe deposit box, less liens and encumbrances, is less than $75,000, then interested persons (as defined by statute) can use a document called an Affidavit for Collection of Personal Property, sometimes also called a Small Estate Affidavit, to collect the personal property of...

January 2, 2019

As estate planning attorneys, we help our clients identify goals that are important to them and their families and work to ensure that the documents we draft reflect those goals. We discuss everything from income tax, capital gains tax, and estate tax implications to charitable gifting to guardian and conservator designations and more. Many parents want an inheritance for a minor child protected and managed by someone they tru...