Don’t Let Your Ex Get Your Money. A Recent Court Decision May Allow Your Ex to Get Your Money!

A Minnesota Estate Planning Lawyer Explains a Recent Court Decision Affecting the Life Insurance Proceeds for  Divorced Couple A recent decision by the U.S. Court of Appeals for the Eighth Circuit should cause anyone who has been divorced scrambling to ensure his or her beneficiaries are property listed on life insurance or retirement accounts. Namely,…

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19 Smart Ways to Protect Your Assets

Minneapolis Estate Planning and Probate Lawyer Explains How to Protect Your Assets Smart Way #1: Make a promise to yourself — now.  Make a personal commitment to yourself and your family that you will do everything possible to protect your family and your assets. Smart Way #2: Identify your personal and financial goals.  If you…

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Should You Borrow From Your Retirement Account?

Borrowing from your retirement accounts: Issues to consider So you have credit card debt, overdue mortgage payments, or suddenly need to buy a new car. We’ve all been there. You need money now, and your retirement accounts continue to climb. Fortunately, many employers allow you to take out loans on these accounts, but should you…

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Estate Planning for Unmarried Couples

A Minneapolis Estate Planning Attorney Examines the Importance of Estate Planning for Unmarried Couples Estate planning is important for everyone. We simply don’t know when something tragic could happen such as sudden death or an accident that could leave us incapacitated. With proper planning, families who are dealing with the unexpected experience fewer headaches and…

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Gay Marriage and Inheritance Rights, Part 4: Discussion of Probate Court Ruling That Gay Spouse May Inherit

This series of posts examines the unique case brought before the Hennepin County Probate Court in which a same sex spouse sought inheritance rights over $250,000 worth of assets from his deceased spouse’s estate. Recall that Mr. Morrison and Mr. Proehl were legally married during the brief window in California and later returned to Minnesota – a…

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