Dunlap & Seeger, P.A.
schedule a consultation 507-316-0628
We Know You
We work with local clients and clients throughout the country who are looking to continue to build a sense of community in Rochester.

The new year can be a catalyst for estate planning, updates

Creating an estate plan can be a prudent resolution to make in the new year. Even if Minnesota residents have already created a plan, they can resolve to review and update those plans as needed. Estate planning can certainly be helpful, but the information is the most helpful when it is up to date.

If individuals are not starting their plans from scratch, they may still find that they have a considerable amount of work to do with them. If someone has not reviewed the plan in decades, it may need more work than someone who updates his or her plan every few years. When going over possible updates, individuals may want to look at tax changes that have taken place since the plan was created and those that could occur during this election year.

Additionally, if individuals have not created an estate plan, they may want to consider the various goals they have and how certain planning tools could help. Understanding trusts could be a vital aspect of estate planning, and using the trusts correctly could help parties properly protect their assets. Of course, it is also necessary to ensure that those trusts are funded after their creation.

If the new year feels like a catalyst for creating an estate plan or updating an estate plan, Minnesota residents may want to follow that feeling. They may be able to give themselves and their families some additional peace of mind by having their affairs in order and not having to worry about it for another year. Individuals interested in creating or updating plans may want to contact knowledgeable estate planning attorneys for assistance.

No Comments

Leave a comment
Comment Information

Contact Us Today Our lawyers listen carefully to your goals and concerns while helping you obtain the best results possible. Call 507-316-0628 or fill out the form to email our team.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

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

Toll Free: 800-636-2689
Phone: 507-316-0628
Fax: 507-288-9342
Rochester Law Office Map