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Minneapolis Estate Planning and Probate Lawyer Blog

Tuesday, March 22, 2016

Don't Give Up Your Power. Act as Executor For a Loved One's Estate!

Someone you love has died. You have the right to act as the executor (personal representative) to guide their estate through the Minnesota probate process. But, for whatever reason (time, effort, fear etc...) you are thinking about stepping aside to allow someone else to act. DON'T DO IT. The only way to protect yourself is to act as the personal representative. Do not give up your power to ensure the wishes of your loved one are followed via the Minnesota probate process!


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Tuesday, March 15, 2016

Prepare Your Trustee to Manage Your Trust.

One of the jobs of a Minnesota trust lawyer is to help clients choose the person who will be responsible for a trust that has been set up.  This trustee has several very important jobs, and things will go smoother if he or she is aware of these responsibilities up front.  Here is some good information that should be shared with a trustee in order to administer the trust with as little difficulty as possible when the time comes.

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Tuesday, March 8, 2016

If You Die Without a Will, Does Your Spouse Inherit Your Entire Estate?

If you are married and you die without a Last Will and Testament, you may mistakenly believe that your spouse will still inherit your entire estate.  Not so fast.  Who will inherit your estate depends on several different factors.


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Thursday, March 3, 2016

You Need an Estate Plan!


It is a startling, though not surprising, fact that an overwhelming number of people have absolutely no documents in place to direct where their assets and estate should go upon their death.  Why?

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Tuesday, March 1, 2016

What if You Own Real Estate in Multiple States?

This question comes up a lot in the frozen tundra of Minnesota where many of my estate planning clients own a home here and in a warm climate like Arizona or Florida. These "snowbirds" face the likelihood that they will be involved in a probate proceeding in each such state.  

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Thursday, February 25, 2016

Can You Make Changes Your Trust? Using a Trust Amendment.

A Trust Amendment is a legal document that changes specific provisions of a Revocable Living Trust but leaves all of the other provisions unchanged. The key to a Revocable Living Trust is that it is revocable. So, at any time while the Trustmaker is alive and competent, then he/she can change, modify and update – as well as completely revoke – the provisions of the Trust agreement.

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Sunday, January 24, 2016

Your Estate Plan Needs Maintenance

You need to keep your eye on your assets, insurance, Powers of Attorney, gifting program, distribution plan, successor trustees, beneficiaries, and so much more.  That’s why it’s important that you meet with your Minnesota estate planning attorney every few years. And by "few" I mean 3 not 11!

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Tuesday, January 19, 2016

It's A New Year: Resolve to Plan Your Estate!

Minneapolis Estate Planning Lawyer Continues Her Explanation on Why You Should Resolve to Get Your Estate Plan Done in 2016 
 

The first post in this series discussed the life events that may necessitate revising your estate plan. In this post, I explain what to look for within each document to ensure the plan still meets your needs.


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Thursday, January 14, 2016

Need a New Year's Resolution? Check Your Estate Plan!

Are you tired of the same old New Year’s resolutions? Not inspired by promises to lose weight, start exercising and eat better? How about an original idea?  One that won’t take too long and will allow you to cross a resolution off your list pretty quickly?


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Sunday, December 27, 2015

Holiday Talks, Part 3: Discussing Your Parents’ Estate Planning Needs

As I discussed in Part I of this series, your parents may feel reluctant to discuss details of their estate plan.  For many personal matters such as finances and health care wishes are to remain private. But, it’s important to have this discussion so long as you are operating with the proper intentions.

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Sunday, December 20, 2015

Holiday Talks, Part 2: Discussing Your Estate Plans With Your Adult Children

It is a common occurrence to have clients come to me after a parent died and say “I didn’t know XXX (fill in the blank) about my Mom or Dad.” Many parents feel reluctant to discuss financial and estate matters with their children. However, any good estate planning attorney would encourage (even urge) you to have this discussion. 

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From within Hennepin County Unique Estate Law represents clients throughout Minnesota, including Minneapolis, Edina, Bloomington, St. Louis Park, Minnetonka, Plymouth, Wayzata, Maple Grove, St. Paul, and Brooklyn Park.



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| Phone: 952-955-7623
333 Washington Avenue North, Minneapolis, MN 55401
| Phone: 952-955-7623
5775 Wayzata Blvd., St. Louis Park, MN 55416
| Phone: 952-955-7623

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