This post is mainly intended for Minnesota probate attorneys, however, we hope that all readers learn from it. – See more at: https://epilawg.com/2013/12/minnesota-e-filing-how-to-survive/#sthash.I3444Vxo.dpuf Epilawg editors note: This post is mainly intended for Minnesota probate attorneys, however, we hope that all readers can learn from it. If you believe that the only recourse available with respect […]
Gift Splitting
February 25, 2014
We talk often about the use of gifting as an estate planning tool but always caution that individuals should consult with an attorney and/or an accountant before doing so to ensure it is done properly. It is particularly important to consult with an attorney or an accountant when a married couple wishes to make a […]
Division of Assets in Divorce
February 17, 2014
When a couple determines that it is time to end their marriage, what should be the easiest part of the divorce process can, and often does, turn into one of the most contentious: the division of marital assets and property. Parties will often spend thousands of dollars on attorney fees arguing over personal property ranging […]
Trust Mills and Bad Estate Planning
February 13, 2014
I recently read this article about a so-called “living-trust mill” that is being sued by the Minnesota Attorney General. According to the article, the Minnesota Attorney General is alleging that clients of Heritage Partners were sold “boilerplate documents” assembled by a gentleman in Arizona who is not licensed to practice law in Minnesota and paid a […]
PART I: Cooler Heads Prevail: What To Do When You’ve Been Terminated by Your Employer
February 10, 2014
It’s been a long afternoon and an even longer week. You’re sitting at your desk on Friday afternoon trying to get those last few things on your To-Do list crossed off before 5pm so you can go into the weekend without having anything hanging over your head. The sun is shining outside. You might even […]
In the News – MLK Jr., Paul Walker, & More
February 8, 2014
Here are some recent reports of estate planning battles, mistakes and funerals… Martin Luther King Jr.’s children are fighting over Mr. King’s Bible and Noble Peace Price. The children have been battling each other often since their mother, Coretta Scott King, died in 2006. One of the contributing factors to the family disputes is the […]
Make Sure Your Buy-Sell Agreement Is Not Disregarded
February 5, 2014
We try to encourage people to not only plan for the transfer of their personal assets but also to plan for the transfer of their businesses – either in life or at death. Buy-Sell Agreements are beneficial documents when drafting a succession plan for a business. It is however important to ensure that the buy-sell […]
Gift of Real Estate to Religious Corporations
February 3, 2014
Gifts of real estate to religious bodies are rare, but frequently the donee is mis-identified. Many churches are known by abbreviated versions of their full name, e.g., “St. Jude’s Catholic Church” is actually “The Church of Saint Jude of the Lake, Mahtomedi, Minnesota.” Many times the beneficiary is unaware of an intended gift, and has […]