Whom Should I Tell About My Estate Plan? Creating an estate plan is typically a private matter, not something you share in detail with everyone in your life. After all, what you choose to do with your money and property is your business. Your partner…
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The True Cost of Inheriting a Home (Part 3) Leaving a Home, Not a Headache — Estate Planning Strategies Passing down a home involves more than deciding who gets the keys. Without clear guidance, heirs may face unexpected costs, disagreements, and d…
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The True Cost of Inheriting a Home (Part 2) Who Pays the Bills? Managing Home Costs During the Transition A home is the single largest expense most people will ever undertake—whether they buy it themselves or inherit it from someone else. While und…
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The True Cost of Inheriting a Home (Part 1) The Hidden Financial Realities of Homeownership The largest generational transfer of wealth in U.S. history is underway. Over the next few decades, baby boomers are expected to pass down more than $84 trill…
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Minnesota’s Corporate Farm Law: What Every Farm Owner Needs to Know If you own or operate farmland in Minnesota through an LLC, corporation, limited partnership, or irrevocable trust, you may not realize that you’re subject to a unique law: Minne…
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5 Things Every New Parent Needs to Know About Wills Congratulations on your new baby! Becoming a parent is an incredible journey filled with joy, love, and a whole lot of sleepless nights. It is also a time when you start thinking about the future in…
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Plan Smart, Live More: Test Your Estate Planning IQ! 1) In 2025, what is the total amount of money and property you can gift during your lifetime and leave at your death to your loved ones (other than to your spouse) without owing federal estate tax?…
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12 Estate Planning Blunders You Cannot Afford to Make Many people believe that a simple will is all they need to accomplish their goals for the future. However, a flawed estate plan can create just as many headaches, heartaches, and expenses for your…
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How to Make Your Inheritance Last Receiving an inheritance, whether large or small, often comes with a wide range of emotions, from the grief of losing a loved one to the hope and excitement about the possibilities the inheritance may create. Accordi…
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What to Do After a Loved One Dies: A Guide and Checklist Introduction If you’ve been named executor/personal representative (Minnesota’s term) or successor trustee, you’re now responsible for securing property, collecting documents, notifying a…
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