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….

Estate planning is so important to protect your legacy and promote the best interests of your loved ones. Estate planning the right way, however, is critical. For instance, drafting your estate planning documents, such as your will, in a way that safeguards it from future will contests can help ensure your wishes are honored and…

Taking care of our children is a top priority. Doing what we can to ensure that our children are properly cared for and provided for regardless of what life throws our way is of the utmost importance. Fortunately, there are steps you can take to protect your children despite the unpredictability of life. For instance,…

Have you ever heard of the federal estate tax? For those estates that fall over the federal estate tax exemption amount, the excess can be taxed at a rate upwards of 40%. The current exemption amount sits just about $12 million and is set to drop by around 50% in 2025, depending on what politicians…

A Minnesota Estate And Trusts Lawyer Explains How to Choose a Trustee for Your Trust. You might be wondering how to select a trustee if you’re thinking about establishing a trust or have already done so. It’s critical to pick someone you can trust to handle the assets in your trust. What Is A Trustee?…

Single parents, especially when there is no other parent in the picture, are the carriers of so much responsibility. As the sole financial provider and caregiver to their child, much rests on their shoulders. When you are the only source of financial support and caregiving to your child, planning for the future not only means…