Changes to Minnesota’s Estate & Gift Tax


March 27, 2014
avatar

Late last week Governor Dayton signed into law a $440 million tax cut package aimed to put “more money in the pockets of Minnesota families and businesses.” Included in the package are changes meant to simplify Minnesota’s estate and gift tax law. The simplification of the estate and gift tax law is budgeted to save Minnesotans $43 million.

After Hours with Lindsey Manhart


March 25, 2014
avatar

• Name: Lindsey Manhart • Employer: American Family Insurance • Position: I advise people on their insurance to ensure their policies are tailored to fit their needs. • Location: Minnetonka, MN • Education: B.A. in Sociology/Anthropology and Spanish How long have you been in your career field? 14 years What led you to work in […]

The Bitter End


March 19, 2014
avatar

It’s a shocking and infrequently cited fact that the death rate among the human population in the United States is 100%. It will happen to all of us. When you think of it this way, the idea of having a Health Care Directive or Living Will is not so much a “what if” piece of […]

Don’t Leave Your Money Behind


March 13, 2014
avatar

Recently, Joe Larson wrote about what to do when you’ve been terminated by your employer and what your rights are with respect to your personnel file. It raises a reminder that whether you have been laid off, terminated or voluntarily opted to leave your job you shouldn’t forget about your 401(k) when you move on. […]

Governor Dayton’s Estate & Gift Tax Simplification Proposal


March 11, 2014
avatar

Last week, Governor Dayton issued proposed tax cuts of $616 Million. The tax cuts are aimed at middle class Minnesotans and businesses. The proposed tax cuts include simplifying the state estate tax and eliminating the state gift tax. The estate and gift tax proposals would yield $43 Million in tax relief for Minnesotans.

Organizing Your Accounts and Passwords


March 5, 2014
avatar

I emphasize to all of my estate planning clients the importance of keeping track of your assets, what they are, where they are located, etc. The reason: a Will or Trust instructs your Personal Representative or Trustee on how you want your assets to be distributed after your death, but not always what those assets […]

PART II: Cooler Heads Prevail


March 3, 2014
avatar

What You Need to Know About Getting Unemployment Benefits There’s no use trying to pretend that it didn’t happen now. As we discussed in my last entry, finding out that you’ve been let go from your job is a shock to the system, but it doesn’t do anyone any good to sit around and mope […]