Having children can be the biggest joy of many Minnesota residents' lives. Of course, siblings do not always get along, and it can often be difficult for parents to make decisions that will be good for everyone. As a result, some parents may struggle with estate...
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Estate Planning
Including power of attorney documents when estate planning
Though most Minnesota residents would like to be in charge of their personal affairs, there may come a time in life when they cannot make important decisions. Luckily, individuals can use estate planning to better ensure that someone they trust is in line to make...
Estate planning can help with charitable giving
Being generous is often seen as a virtue. Many people in Minnesota and across the country enjoy giving to those in need and finding ways to help the less fortunate whenever and however they can. It is common for individuals to want to leave certain assets to...
Estate planning after welcoming a child is vital
Welcoming a child into a family changes life completely. Whether through birth or adoption, changing the family dynamic in such a way warrants important planning for the future. As a result, new parents in Minnesota may want to consider starting estate planning...
Outdated or missing information can hinder estate planning
Creating a will is a useful first step to creating an estate plan. However, if Minnesota residents stop their estate planning process there, they may miss out on some useful tools that could help them address more aspects of their lives and estates than just their...
Avoid these simple but costly estate planning errors
Wanting to do what is best for one's family is not always easy. Some Minnesota residents may think that they have done the right thing by creating an estate plan for their loved ones to follow, but too many people make errors while estate planning. As a result,...
Discretionary trusts can be useful when estate planning
Many Minnesota residents may want to use their estate plans to protect assets for beneficiaries. Fortunately, trusts are one estate planning tool that can easily achieve this goal. In particular, discretionary trusts can ensure that beneficiaries are not at...
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...
Starting small may be a good first step for estate planning
Getting any type of important affairs in order can be tricky. When Minnesota residents are trying to figure out where to start when it comes to estate planning, they may feel overwhelmed by the amount of information they may need to organize. Fortunately, an estate...
Trusts can help achieve estate planning objectives
Finding the right way to plan for the future is not always easy. Fortunately, Minnesota residents who are interested in estate planning can find the best options that fit their particular needs. Various planning tools exist for specific purposes, and some parties may...
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