» Estate Planning

National Grandparents Day: 3 Things to Consider Before You Make a Gift to Grandchildren

As grandparents, you likely love the opportunity to shower your grandchildren with gifts. In most cases, these gifts are given on holidays and birthdays and commonly consist of an item that may have been at the top of your grandchild’s wish list. W… Read More
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Categories: Estate Planning

Could a Testamentary Trust Be What Your Loved Ones Need?

One of the main reasons that a person creates a revocable living trust (a trust established during a person’s lifetime that they can amend or revoke) instead of relying on a will to transfer their money and property to their beneficiaries is to avo… Read More
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Categories: Estate Planning

Why the Knives May Come Out at Death

Why the Knives May Come Out at Death The box office success of the 2019 murder mystery Knives Out led to franchise status, with Glass Onion, the first sequel, released in late 2022. The original Knives Out featured whodunit intrigue surrounding the m… Read More
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Categories: Estate Planning, Probate

Are You Single with a Minor Child? If So, You Need a Plan

You have a minor child who depends on you for their survival, so you need to make sure that they will be cared for if you are ever unable to care for them. By creating an estate plan, you can address your minor child’s care and custody and provide… Read More
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Categories: Estate Planning

Wills versus Trusts: Understanding the Key Differences and Deciding Which One is Right for You

Deciding between creating a will or setting up a trust is confusing. However, farmers, business owners, and high-net-worth individuals need to plan ahead and make sure their assets are distributed according to their wishes after they pass away. But h… Read More
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Does Power of Attorney Terminate at Death?

When it comes to estate planning, it’s important to consider who will make decisions on your behalf if you are unable to do so. A power of attorney is a legal document that allows you to appoint someone to act as your agent and make decisions f… Read More
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Categories: Estate Planning

The Death of Raquel Welch – An Estate Plan Done Correctly

Raquel Welch, whose acting career spanned five decades, passed away in February at the age of eighty-two. Welch appeared in more than thirty films and fifty television series, won a Golden Globe Award, and has a star on the Hollywood Walk of Fame. Ho… Read More
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Categories: Estate Planning, Probate

What Happens to Elvis's Legacy Now?

Elvis Presley, the King of Rock and Roll, died in 1977. Like most celebrities of his stature, he left behind a complicated legacy—and a considerable estate. Elvis’s estate, including Graceland, ended up in the hands of his only child, Lisa Marie… Read More
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Categories: Estate Planning, Probate

Minnesota Enacts Digital Wills Law, Modernizing State Law

Introduction Beginning on August 1, 2023, Minnesota will become one of seven other states to allow wills to be completed electronically rather than in writing. Digital execution of a will coupled with the fact that witnessing and notarization of the… Read More
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Categories: Estate Planning, News

Three Things You Need to Do When Your Spouse Dies and Their Will or Trust Has a Disclaimer Provision

Losing your spouse is one of the most difficult things you might face in life. Although it is important to take time to grieve, there are also some crucial steps you need to take as soon as possible to address your spouse’s accounts and property an… Read More
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Categories: Estate Planning