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By Alyssa K. Jerde
- Feb 14, 2019
- 4 min
Estate Planning 101: An Introduction to Basic Estate Planning Terminology
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 make medical decisions on your behalf when you can n
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Margaret Cook
- Jan 18, 2019
- 3 min
Planning for the Unexpected
Often times when individuals execute advance directives, they have a preconceived notion of the aliment or incapacitating situation they might find themselves in, in the future. People also often execute these documents with the intent that they will not need to be used for quite some time. One of the most popular advance directives is a health care directive. A health care directive allows an individual to appoint a designated health care agent to make decisions on their beh
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By: Alyssa K. Jerde
- Oct 30, 2018
- 4 min
Guardianship and Conservatorship for Incapacitated or Incompetent Adults: Considering the Least-Rest
In our earlier post on guardianship and conservatorship for minor children, we discussed how to go about nominating a guardian and conservator for your children. But what happens when disability, incapacity, or incompetence renders an adult incapable of managing his or her own affairs? Though guardianships have been around for quite some time, the first guardianship law in Minnesota appeared in 1958. The original purpose of guardianship, and later, conservatorship, was to pro
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Jason Wagner
- Aug 29, 2016
- 2 min
Back to Basics: Estate Planning for College Students
College is a very exciting time for both students and their parents. It is a time when many young adults typically have their first opportunity to exercise independence while living away from home. What many parents may not realize is that if their student has reached age 18, he or she is an adult and parents no longer automatically have the power to make decisions for their children - even in the case of emergency. That means that without a financial power of attorney, paren
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Jason Wagner
- Jul 8, 2016
- 2 min
Need a Health Care Directive?
A health care directive is a written document in which you make your wishes known about your health care. Through a health care directive you can also name who you want to act as a health care agent for you in the event you are unable to make decisions. This is important when your health care team determines you cannot communicate your health care decisions. Though there are many health care directive forms available, we prefer to use forms that are more comprehensive and inc
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