» Estate Planning

The SECURE Act, which recently passed with nearly unanimous support in the House, is now stalled in the Senate. Reportedly, there are a couple senators withholding support at this time. The Senate was hoping to pass the bill with unanimous support. I… Read More

We’ve discussed how assets pass after death in previous posts on our blog, but how do we know when a probate is actually required? The assets owned by a deceased person can be split into two separate categories: probate assets and non-probate asset… Read More

By default, everyone has an estate plan. There is a common misconception that only the wealthy need an estate plan, but the bottom line is that one way or another, your assets will pass to another person or group of people at your death. There are a… Read More

We’ve previously discussed the basic Medical Assistance rules in Minnesota. If you missed that blog post, you can read it here. Beyond the basics are spousal impoverishment rules. As we previously mentioned in order to qualify for Medical Assistanc… Read More

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 arti… Read More

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… Read More

With the aging population, estate planning has shifted to more than drafting a plan to devise your assets when you pass away. Planning for and protecting your assets from the high costs of nursing home and long-term care is a crucial issue that needs… Read More

With a new year come new estate tax exemption rates. Although estate and gift taxes are sometimes thought of as taxes that do not change that much, that has definitely not been the case in recent memory. In fact, there have been fairly significant ch… Read More