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: Property is Owned 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...
This month is our 10 year anniversary!
This month is our 10 year anniversary! We want to thank all of our clients for trusting us with your legal needs over the past decade. We are excited for the next 10 years and continuing to provide th...
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...
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...
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 it make sense, then, that y...
Estate Planning has become Opportunities to eliminate Income Taxes
By Thomas M. Fafinski As we approach the end of another year, our minds seem to naturally wander to estate, asset protection and income tax planning strategies for you. The Federal Estate Tax—The ...
Do I Need a Master Services Agreement?
By Thomas Fafinski One question I often get when advising MSPs on legal matters is: “Am I supposed to Negotiate an Agreement with my Customer before Selling any Product or Services?” This is the q...
Virtual Estate Planning Will Become Mainstream
By Thomas M. Fafinski, tom@virtuslaw.com For years, we have been able to execute business transaction documents electronically from the convenience of our home or office or even by use of a sma...