Estate Planning is for Everyone
09/15/2011 - The phrase "estate planning" often conjures up images of an older, wealthy person trying to reduce estate taxes at death. While this certainly is one goal, it only scratches the surface of what estate planning entails. Estate planning in one form or another is truly for people of all ages,...
Overview: Duties of a Personal Representative in Minnesota
08/30/2011 - The personal representative (formerly called "executor") is the person that administers the estate when a person dies. The personal representative runs the show during probate. Basically, the personal representative ("PR") winds up the decedent's financial affairs, pays the decedent's debts...
Anatomy of the Minnesota Health Care Directive
08/02/2011 - What is a Health Care Directive? Simply put, a Health Care Directive is a written document that lets people know what your wishes are regarding your own health care - to be used when you are incapacitated and unable to make decisions for yourself. Health care directives can range from bein...
The Basic Estate Planning Process
07/21/2011 - You've finally decided to take action and get your estate plan in order. So, how do you get started? What should you be thinking about? Here is the basic process that will make it easier for you, your spouse, and your attorney to efficiently and effectively execute your estate planning g...
Gifting Tip - Appreciable Assets and Basis
07/10/2011 - Here are some gift giving tips and strategies if you are planning on making a lifetime gift of property, as opposed to money. When you give someone property during your life (like stocks or land), that recipient of the gift gets a "carryover basis" in the property. For example, if you pai...
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