Category: Estate Planning

For parents of young children, estate planning is about much more than money. One of the hardest questions to consider is also one of the most important: If something happens to me, who will care for my children? Parents often assume that family members will

For parents with young children, choosing a guardian can be one of the hardest parts of creating an estate plan. You are being asked to imagine someone else raising your children—a possibility no parent wants to think about—and then decide who could best step into

When people think about estate planning, they usually think about what happens after they die. But a good estate plan should also answer an equally important question: What happens if you are alive but unable to manage your own affairs? That is where a power

If you were suddenly unable to speak for yourself, who would make your medical decisions? Would that person know what you wanted? Those are difficult questions, but answering them ahead of time can make an incredibly difficult situation easier for the people you love. In

For many families, a home is the largest asset they own. It may also be the asset with the greatest emotional significance. That’s why one of the first estate-planning questions homeowners ask is: What happens to my house when I die? The answer depends on

You may have heard that the best way to avoid probate is to create a trust. While a properly created and funded trust can be an effective probate-planning tool, it is not the only way property can pass outside of probate. In fact, you may

A power of attorney and a health care directive are two documents you will commonly see in a Minnesota estate plan. Both allow you to choose someone you trust to act on your behalf, so it is easy to assume they accomplish the same thing.

If you have started researching estate planning, you have probably heard one piece of advice repeatedly: “Get a trust so your family can avoid probate.” A trust can be an effective way to keep certain assets out of probate, but that does not mean everyone

Naming a personal representative is an important you make when you create an estate plan, yet it often gets the least thought. You spend time deciding who receives what, then choose the person who will actually carry out those wishes almost as an afterthought. But

Creating an estate plan is the best way to ensure your estate is distributed as you intend once you are gone. But an estate plan is not something you sign once and forget. The document that perfectly captured your wishes a few years ago may