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April 2018 Archives

Reviewing some benefits of spendthrift trusts

There may be a number of options on the table when it comes to setting up an estate plan that will best suit your situation. Some people decide to move ahead with a will, while others create a trust. Moreover, there are many different types of trusts and, for some people, spendthrift trusts are an ideal way to ensure that their assets are passed down to those they love. If you are thinking about setting up a spendthrift trust, it is critical to take a comprehensive look at your individual circumstances and you may want to look over some of the advantages of this type of estate plan.

What considerations should you take when naming a guardian?

You are getting ready to leave on a vacation and your children are staying with grandparents for the week. The thought crosses your mind about who you would want to care for your children if something happened to you and your spouse. When you start thinking about these types of scenarios, it is an optimal time to begin coordinating an estate plan that discusses guardianship of your children in Minnesota. When you come to the part where you need to select a guardian, you can feel confident about your decision by taking some considerations before making a choice. 

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Dunlap & Seeger, P.A.
30 3rd Street SE
Rochester, MN 55904

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