In Minnesota, LGBTQ+ couples face unique challenges in ensuring their futures. Estate planning, while vital for everyone, takes on heightened significance for the LGBTQ+ community, who have historically navigated a complex web of legalities and societal norms. How can LGBTQ+ couples in the state craft an estate plan that both respects their wishes and stands…
Continue reading…Why New Parents Should Consider Developing a Trust
Becoming a new parent brings with it a whirlwind of joys, responsibilities, and challenges. Amidst the diaper changes and sleepless nights, the long-term well-being of your child becomes paramount. But have you considered the financial legacy and protection you’re setting up for them? How can a trust ensure your child’s future is safeguarded even in…
Continue reading…How to Prepare for Your First Estate Mediation Session
Estate mediation offers a confidential and amicable way to address potential disputes or concerns in estate planning. By choosing this approach, parties are able to find common ground, save time, and often reduce expenses. Assuming you opt for mediation, how should you prepare for the first session? It’s a good idea to learn as much…
Continue reading…Mistakes to Avoid with Your Health Care Directive
Creating a health care directive, sometimes referred to as a living will, is an essential step in estate planning that allows you to express your medical treatment preferences should you become unable to communicate them yourself. In Minnesota, a health care directive is a comprehensive document that allows you to both communicate your medical wishes…
Continue reading…Incapacity Planning—Who Needs It?
Incapacity planning is an essential but often overlooked component of comprehensive estate planning. It involves legal arrangements to ensure your wishes are carried out if you become unable to make decisions for yourself. Having such plans in place not only provides peace of mind but also prevents potential legal battles and hardship for your loved…
Continue reading…Don’t Forget About Your Digital Assets!
What happens to your Facebook or Instagram account after you die? Estate planning is a crucial step in securing your financial and emotional legacy, yet many overlook a modern aspect of this process: digital assets. From social media accounts and email archives to digital currencies and online businesses, these virtual properties can hold both sentimental…
Continue reading…How to Choose the Right Guardian for Your Children
As a parent, providing for your children and making sure they are properly cared for will always be your priority. It can be difficult to think of a time when you might not be around to do this for yourself, but unfortunately, life is full of unpredictable twists and turns. Make sure your kids are…
Continue reading…Estate Planning Considerations for Blended Families
Are you part of a blended family? A blended family can refer to a variety of different combinations. It can refer to extended family members who all live in the same home. More commonly, perhaps, a blended family refers to a family were one or both of the spouses have children from previous relationships. A…
Continue reading…Important Estate Planning Discussions to Have
Estate planning is important and so is talking about estate planning. Unfortunately, there are not exactly people lining up eagerly to talk about death and incapacitation. Regardless, these are topics we should all confront at some level or another. This is because our death and incapacitation effects not just us, but others that we care…
Continue reading…Reasons to Put a Power of Attorney in Place
One thing is certain in life, we are all getting older. As we age, it is more likely that we are going to need an increasing amount of assistance. There are also infinite unknowns in life. We do not know when an accident will occur or when we could fall ill with a debilitating medical…
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