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Estate Planning 101

Estate planning encompasses a variety of topics and consequently all our posts could fall under this category. These articles illustrate how estate planning is broader than just a simple Will and how the legal, financial, medical and emotional considerations all affect an estate plan.

Incapacity Planning

It is imperative for individuals to be proactive in naming agents to act on their behalf for times of incapacity. While most of our posts relate to planning for death, these articles address the importance of planning for times when individuals are still living but are unable to communicate or carry out their intentions.

Investments & Insurance

We encourage individuals to take a holistic approach to their estate plan. It is not enough to solely set up the legal documents. It is also important to ensure an individual’s estate is financially secure and protected. These articles range from economic market updates to general advice on how to save, maximize benefits and transfer financial assets.

Probate

Probate is the process of administering an individual’s estate after death. Some individuals wish to avoid probate at all costs, while others understand that probate is not as time consuming or expensive if an appropriate plan is in place. These posts detail the procedures, common pitfalls and helpful hints of probate.

Real Estate

Real property is present in most estates. If the transfer of real estate is not planned for properly, it can cause huge complications in an estate administration. These articles address the ways real estate is held in an estate and how to properly transfer title, both during life and after death.

Taxes

Taxes can be a driving factor for individuals to create an estate plan. Individuals wish to minimize taxes during their lifetime and upon death. These posts educate readers about the different taxes that can affect an estate with tips to minimize or avoid exposure to tax.

Trusts

Trusts can be complex and confusing to many individuals. These articles try to boil down trust options, explain how trusts function and for which individuals and estates they are appropriate.

Business

Whether you are an employee, employer or self-employed, these articles will assist you with all aspects of forming, running, or working for a business, plus give you the lowdown on transferring your business interest in the event of retirement or death.

Recent Articles

Feb 23 2015

Selling Real Estate Out of a Conservatorship

Last fall, I covered the basics on conservatorships (see: Conservatorship Basics Part 1 and Part 2). As a review, a conservatorship is needed when an adult individual is impaired to the extent of lacking sufficient […]

Feb 19 2015

Minnesota and the UTC

The 2015 Minnesota Legislature may adopt the Uniform Trust Code.  The proposed legislation would provide new rules regarding the administration of trusts, codify some common laws and clarify procedures available to those involved with the administration of trusts. […]

Feb 16 2015

In the News: Facebook’s Legacy Contact

Last week, Facebook announced that users of the social media website could designate a “legacy contact,” who would be able to control and manage the user’s Facebook page once the user passed away. The legacy […]

Feb 5 2015

Timeshare Exit Strategies

Over the last few years, I have had a few clients who own timeshares. A timeshare is typically a resort of units in which multiple parties hold rights to use the property and each owner […]

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About Epilawg

Epilawg discusses and offers legal and non-legal insight for planning the resolution of your own story. We hope that you will participate in the dialogue.

Epilawg was recently voted one of The Top 25 Legal Blawgs in Minnesota by Practiceblawg.com

LexisNexus Top 25 Blog 2011 – Estate, Probate, and Elder Law Winner