Preparing for the death of a spouse is not just something that people should be thinking about if their husband or wife is dying, but it is a consideration that everyone should take. Couples who openly discuss what each other should do if they end up as the surviving spouse may be able to instill confidence and hope in each other before anything happens to one of them. As such, these prepared couples in Minnesota may be able to reduce some of the stress and financial strain of losing a spouse.
What debts can you discharge in personal bankruptcy?
Bankruptcy is an area of law shrouded in mystery. The people who go through bankruptcy proceedings are often loathe to discuss it with their peers, worrying that people might judge them for experiencing financial hardship. Unfortunately, that means that many people who would likely benefit from bankruptcy are hesitant to file because they don't really understand what bankruptcy involves.
Considerations when writing a will
Determining what will happen to your property and assets if you should pass away is not a task many people rush to complete. It is difficult to think of our mortality and what will happen to the beloved possessions we have accumulated throughout our lives when we leave this place. Yet, for many people, creating a last will and testament can help give peace of mind when it comes to knowing what will happen to an estate if you are no longer able to voice your wishes.
Business formation types that limit personal liability
When you own your own Minnesota small business, you have a lot to potentially lose in the event that someone falls a lawsuit against that business, and if you are not careful when setting it up in the first place, your personal assets could be at stake. At Dunlap & Seeger, we understand that there are certain business structures you can choose when forming your business that can help protect your personal assets, and we have helped many entrepreneurial clients establish business structures that best reflect their needs.
