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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

Aug 16 2016

Estate Planning: Planning for the Physical Care of Children in Minnesota

This article discusses some of the legal documents that can assist in planning for the physical care of a minor child in the event of a parent’s death or incapacity. Minnesota law provides that a […]

Aug 11 2016

The New Department of Labor Fiduciary Rule: What you should know

Are you a Fiduciary? This is the one question you should be asking whoever is offering you financial advice on any sort of investment product. So, what exactly is a Fiduciary and why is it […]

Aug 4 2016

Millennials vs. Baby-Boomers: Selling an Outdated House in Today’s Real Estate Market

The Problem There is a great divide in the current real estate market caused by the large percentage of homes being sold by baby-boomers and older generations or their heirs. Many of these homes are […]

Jul 18 2016

SECTION 179 – WHAT IS IT AND WHAT IS NEW FOR 2016

Recently we have been meeting with many of our clients to discuss operational results for the first half of the year. Generally speaking, business is up from last year for my clients. As a result, […]

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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