Tuesday, April 18, 2017
Betty calls me because her husband, John, recently passed away and she needs help on what she should do now. We meet and I discover that John had a will leaving everything to Betty. Betty explains that their home is jointly owned as they bought it together.
After our meeting, I do further research and discover that Betty's name is NOT on the deed to their home. At the time they bought the home, only John's name was put on the deed.Read more . . .
Tuesday, April 11, 2017
A recent decision by the U.S. Court of Appeals for the Eighth Circuit should cause anyone who has been divorced scrambling to ensure his or her beneficiaries are property listed on life insurance or retirement accounts. Namely, be sure your ex-spouse is NO LONGER listed as a beneficiary.
Read more . . .
Thursday, April 6, 2017
When you inherit a house, your primary concern should be figuring out how to secure and maintain the home until you decide what to do with it. Can family or neighbors help? Do you need to install a security system? Can someone stay in the home? Maintaining the home will be important to protect its value.
Read more . . .
Thursday, March 30, 2017
The number of children living with a grandparent continues to rise. A new Pew Research Center analysis of U.S. Census Bureau data? shows that 2.9 million children – a 6% increase from 2007 to 2008 – now live with a grandparent. Please take steps to ensure they can help in an emergency.Read more . . .
Monday, January 30, 2017
With clear indications that the new administration will go after the rights of LGBTQ families, you must work now to protect your family. Read on to find out how you can do that!Read more . . .
Tuesday, January 3, 2017
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 specific document to ensure the plan still meets your needs.
Read more . . .
Wednesday, December 28, 2016
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? Resolve to review and update your estate plan!
Read more . . .
Tuesday, December 6, 2016
Minneapolis Estate Planning and Probate Lawyer Warns Against Transferring Your Home to Kids
Most people know that probate should be avoided if at all possible. It is an expensive, time-consuming process that exposes your family’s private matters to the public and allows for easy challenges by others. It sounds simple enough to just give your property to your children while you are still alive so that it's not subject to probate upon your death.
This strategy may offer some potential benefits, but those benefits are far outweighed by the risks. With many other probate-avoidance tools available, such as living trusts, it makes sense to review the risks and benefits of transferring title to your property withRead more . . .
Monday, November 28, 2016
Minnesota Lawyer Discusses Estate Planning for Married Couples in the Era of Trump.
As noted in my prior posts, the fear of a pending Trump Administration has caused numerous LGBT individuals to call my office asking how to protect themselves and their families.
While, it is unclear what the new administration plans to do regarding LGBT rights, it’s important to plan now to limit any potential stripping of hard-fought rights. I try to be optimistic, but recent appointments have not helped on this point. So, hope for the best and prepare for the worst it is!
When marriage laws passed, many couples decided that marriage was the best estate plan.Read more . . .
Wednesday, November 16, 2016
Now that the realization has sunk in that Trump will be the president, I am receiving a lot of inquiries from upset (and panicked) clients asking what they can do to protect themselves.
As a result of the volume of these calls, I am drafting a series of blog posts and will put together a LGBT Survival Guide in the Era of Trump to be posted on my website as well.Read more . . .
Thursday, September 8, 2016
What’s The Difference Between A Will And A Trust?
As an estate planning lawyer, I hear this question often – I mean a lot – so want to take a few paragraphs and provide you with a simple explanation of the difference between these two valuable estate planning tools.Read more . . .
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.