Estate Planning?

Many mistakenly think that estate planning is only for the wealthy. However, many families can benefit from setting up a trust and everyone needs to have a will and other estate planning documents in place to ensure their legacy is protected. Without documents in place explaining where you want your money to go, there are certain default rules under Federal and Minnesota law about where assets go. Also, without estate planning documents, a Minnesota estate must go through probate, unless it is an estate of less than $50,000.00.

Setting up a Minnesota Estate Plan

An estate plan starts with a Will.  A Will is simply an expression of where someone wants their assets tog upon death.  However, simply having a Will does not necessarily help to escape probate.  However, a Will does help the court know what beneficiaries the deceased intended to send assets.  Without a Will, Minnesota law decides how the estate will be distributed.  Under Minnesota law, the estate passes to your spouse.  And if there are no relatives to locate or nothing named in a will, assets are deposited with the country treasurer.

  • Drafting and personalizing Wills and Trusts
  • Preparing Probate Documents
  • Creating documents for Long Term Health Care
  • Drafting Durable Power of Attorney’s
  • Preparing Health Care Directives

Minnesota Trust, Taxes, & Estate Services

  • Drafting & Reviewing Trusts
  • Creating & Personalizing Wills
  • Preparing Probate Documents & Procedures
  • Drafting a Durable Power of Attorney – Guardianships or Conservatorships
  • Preparing a Healthcare Directive
  • Creating Documents for Long Term Health Care Planning
  • Resolving Issues Regarding the Long-Term Guardianship of Minor Children
  • Negotiating Issues Involving Jointly Owned Property