We often face important choices that can result in life-changing results. In estate planning, which is already heavily vested in life and death, you may find yourself comparing estate planning tools. ...
Probate How-To: When the Decedent Owned Property in Multiple States
When someone dies, the property they leave behind usually becomes their estate. But their estate must follow a certain process in order to be transferred to their heirs. Their estate must go through p...
Spousal Lifetime Access Trusts May Offer the Flexibility You Need
Being married has its perks. Even in the estate planning field, married couples may have access to sophisticated tools and strategies that don’t work for single people. The spousal lifetime access t...
Minnesota Real Estate Disclosure Laws
When it came time to buy a house, Jordan and Kaylie were at a loss. They had never bought anything so important or so costly. After their offer was accepted, they began wading through the paperwork. T...
Save Money with a Solid Estate Plan
It may seem oxymoronic – spending money to save money. However, when it comes to estate planning, you can’t be too careful. After all, your estate plans may affect the lives of your loved ones for...
Corporate Formalities: Boring but Necessary
In December of 2018, the Supreme Court of the State of Ohio decided an important case involving following corporate formalities. At the center of controversy in this case was the control of an O...
Transferring Business Interests to a Trust: Is it Always a Good Idea?
Trusts are common, powerful estate planning tools. People can transfer various kinds of assets to various types of trusts for a number of reasons. Business owners, however, may stop short when thinkin...
3 Facts Every Minnesota Business Owner Should Know
Most business owners go into business with their eyes wide open. They know at least some of the risks and benefits. You know you need a business structure and that, at some point, your business will o...
Real Estate: What Role Does It Play in Your Estate Plan?
For many people, real estate may be their largest asset. Real estate holdings, whether commercial or residential, tend to be high ticket items with lasting value. Doesn’t is make sense, then, that y...
Setting Up an Offshore Asset Protection Trust
Shannon L., a medical doctor practicing in Minnesota, has made some tough decisions in her life. Working in a high-risk profession, she is concerned about protecting her assets from civil judgments. S...