» Estate Planning

Here we are deep in another Minnesota winter. As beautiful as a crisp winter day can be, many of us take an opportunity to take a trip to a warmer climate. Whether you will be boarding a plane or driving long distances, you are probably making a chec… Read More

It’s a new year and a new… exemption limit? Yes, both the Minnesota and federal estate tax exemptions are increased for decedents dying in 2016. The federal estate and gift tax exemption is $5.45 million per individual (up from $5.43 million… Read More

Minnesota farmers have been seeing the value of their farmland increase significantly over the last few years. Though it has slowed recently, this increase often results in a gross estate that is more than the Minnesota estate tax exemption. For farm… Read More

It seems everyone is hearing more and more about “living trusts” and “revocable trusts” lately. A lot of people seem to think that a trust is only for the super wealthy or those that are avoiding estate taxes. The truth is tha… Read More

Everyone has an estate plan. The laws of intestacy lay out how assets pass after someone has died. This means that without a Will, everything will be divided up the way the law says it should. However, these laws of intestacy do not always line up wi… Read More

In Southeastern Minnesota, family farms are not just the land, business, or way of life, but a direct link to the heritage and history of several generations. Ensuring the farm operation will be there for the next generation is often a top priority.… Read More