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…

Some may not know this, but did you know that a large part of a comprehensive, strong estate plan should include planning for incapacitation? While the prospect of ever being in a position where you are unable to communicate your own preferences on things such as health care or being unable to manage your own…

Recently, the Supreme Court of Idaho issued an important decision in the case of Gatsby v. Gatsby which highlights the importance of properly executed legal agreements. The temptation to use general, template legal agreements that you can purchase or find online for free may be strong, but legal documents need to be properly drafted and…