Many of us have thought about an estate plan and having some documents in place to help our family settle our estate after we pass away. Then life happens and we push that plan a little further down the list of “to dos.” Some of you have gone beyond thinking about it and have even had an ap... continue reading »
I often have the question from clients: Is it a good idea to transfer our home to our children before we die? It is important to understand what is driving this question to help us better advise clients.I often hear that parents want to avoid probate, provide some inheritance to children and they... continue reading »
Sometimes our procrastination gets the best of us. So many clients have said “we’ve been meaning to get our estate documents set up for YEARS.” For those of you that have made it to my office, cheers to you for checking that “to do” off your list. For those of you that still have it on ... continue reading »
For most families, one of the goals of estate planning is to minimize future turmoil that may occur after they pass away by addressing how their assets and estate will be settled upon their death. It is often very helpful to have mom and dad make those hard decisions now and not leave a mess for ... continue reading »
You know the Benjamin Franklin quote “there are only two things certain in life: death and taxes.” All of my estate planning appointments have some consideration of taxes. We are faced with sales tax, income tax, estate tax, capital gains tax, gift tax and property tax to name a few. Even sma... continue reading »
In prior articles I’ve shared with you some information about the importance of estate planning for “non-traditional families”. This article is specifically covering the impact of owning real estate with another person who is not your spouse and the importance of addressing those ownership... continue reading »
The idea of passing on a treasured family cabin to future generations can be very important for many families. Some families have been fortunate enough to have property that they have used for recreation, family gatherings and getaways for years in the Brainerd Lakes Area. The challenge for man... continue reading »
Times are a changing! We have all been working so hard to adapt and adjust. Our “normal” everyday activities and routines look so different these days. We all tackle these changes in very different ways. Maybe it is calling a friend to see how they are surviving children at home, all day ever... continue reading »
As most of us are at home right now, we are looking for ways to fill our time. For many, those items on our “to-do list” are starting to get crossed off. I have had a reminder on my calendar for almost two years now to update my estate planning documents. Kind of like the carpenter whose h... continue reading »
Trusts are an important tool in estate planning and may be created for a variety of reasons, which can include both tax and non-tax reasons. Generally a trust based estate plan, will contain a trust (or two if a couple is married and has an estate at or over the Minnesota or Federal estate tax ex... continue reading »
Directions
Contact
Call Us