Estate Planning

10 01, 2021

Understanding Estate Planning Terminology

2021-01-15T14:57:09+00:00By |Estate Planning|

Whether you are estate planning for the first time or modifying your existing plan, it is important to know these key terms. Conservatorship: DNR/DNI: Estate: All the money and property owned by a person at the time of their death along with that person’s debts and liabilitie [...]

1 03, 2018

Estate Planning at 18: Why it is never too early

2020-08-04T16:10:25+00:00By |Estate Planning|

It is your eighteenth birthday, making you legally an adult in Minnesota. This means you can make your own decisions and finally take control of your destiny, right? As your first act as a responsible adult you… create a Health Care Directive? Prior to age 18, your legal guar [...]

1 02, 2018

Why not use online estate planning tools instead of an Elder Law Attorney?

2020-08-04T16:51:43+00:00By |Estate Planning|

I can bank, shop, and communicate from behind the screen of a computer or cell phone… Why can’t I complete my estate planning through a do-it-yourself online platform? While your preferred search engine might be where your estate planning hunt begins, don’t let a keyboard be [...]

1 10, 2017

Capacity to Sign Estate Planning Documents

2020-08-04T16:55:02+00:00By |Estate Planning|

One of the largest challenges in the modern practice of elder law and estate planning consists of issues surrounding capacity to sign documents. Our population is living longer than ever before and we now have one of the largest senior populations of all time. This number is [...]

1 10, 2012

Effective January 1, 2013 Annual Exclusion Rate for Gifts Will Increase to $14,000

2020-08-04T18:02:59+00:00By |Estate Planning|

Effective January 1, 2013, the annual exclusion rate for gifts will increase to $14,000, up from $13,000 in 2012. What does this mean? This means that a person can gift $14,000 per year to any individual without having to file a gift tax return. So I could gift $14,0000 to ea [...]

1 08, 2012

What To Do With Virtual Assets In Your Estate Planning?

2020-08-04T18:11:57+00:00By |Estate Planning|

Digital assets can range from items of financial value like online bank and brokerage accounts to domain names, Twitter accounts and social-media pages. Sometimes accounting for these assets after the death of the owner can be a nightmare. It becomes even more difficult if th [...]

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