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Family Business Succession: Balancing Emotions and Practicalities

Navigating the complexities of family business succession involves more than just transferring leadership and assets; it’s about balancing deep-seated emotions with practical considerations. This process is critical in managing familial relationships and expectations during a transition. How do you ensure a smooth handover while honoring the legacy and emotional bonds inherent in a family business?…

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Client sitting with estate planning attorney

Options for Charitable Giving in Your Estate Plan

Charitable giving in estate planning is more than just a financial decision; it’s a reflection of your life’s values and commitments. By including charitable donations in your estate plan, you create an enduring legacy that extends your generosity beyond your lifetime. Have you ever considered how your legacy could make a significant impact through strategic…

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Older couple contemplating divorce

Changes You Should Make to Your Estate Plan After Divorce

Experiencing a divorce brings many changes, and one crucial aspect often overlooked is how it impacts your estate plan. Are you pondering what steps you should take next? It’s important to review and update your estate plan to reflect your current circumstances. There are several essential modifications you should consider to ensure that your estate…

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Middle-aged woman consulting with an attorney in Ramsey County

Potentially Problematic Assets in Estate Planning

Estate planning is essential for ensuring a smooth transition of your assets after your passing, but did you know that certain assets can complicate this process more than others? What are these potentially problematic assets, and how can they impact your estate plan?  Problematic Assets in Estate Planning Problematic assets in the context of estate…

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Woman holding baby

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…

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