Your Mom asks you if she can list you as the personal representative of her estate if she dies. You agree as you want to help if anything happens to her. But do you know what it means to handle the role of personal representative? In Minnesota probate, as the personal representative (also known as…

A revocable living trust is a legal document that can serve as an important tool for a single person seeking to protect their assets and ensure a smooth transfer of wealth upon their passing. While trusts are often associated with wealthy families and complex estates, they can be beneficial for anyone, regardless of the size…

As discussed in the prior post, nontraditional families must take steps to provide protection in the event of incapacity or death.  The good news is that unmarried couples do have several estate planning strategies available to them to help ensure that their assets and property are protected.  Here are some estate planning strategies that unmarried…

I receive a lot of calls from unmarried couples seeking advice on how to protect their family if something happens to one of them. Nontraditional family structures are the fastest-growing segment of our population. So, it is important you know how to protect your partner and kids if the unexpected occurs. Unmarried couples face unique…

We want to provide for our loved ones as much as we can. Through estate planning, our legacy lives on in providing support to our loved ones even after we pass away. By utilizing available estate planning tools, you can make sure the assets and resources you have acquired over the years go to help…

When you establish any kind of power of attorney as the principal, you will need to select an agent who will assume the authority granted to them under the power of attorney. One important kind of power of attorney is the durable power of attorney. The durability characteristic of this power of attorney means that…

Estate planning provides important protections for yourself, your loved ones, and your goals for the future. It would be difficult to understate the importance of estate planning. It can have profound and far-reaching implications for you and your loved ones. As such, it is a process that not only should be done, but should be…

Advance directives are an important part of anyone’s estate plan. In the event of a healthcare crisis, an advance directive can prove invaluable. Whether a person becomes incapacitated due to a medical condition, an emergency medical situation, or an accident, an advance directive helps preserve your wishes even when you cannot communicate them for yourself….