Cabin LLCs: The Basics


September 25, 2014
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For many, cabins provide an opportunity to get away from it all, to spend time with family and friends (maybe beside a body of water) and decompress from daily life. Unfortunately, cabins can also cause frustration and confusion as to how families (immediate and extended) will share it and how the cabin can be passed […]

Have you reported your offshore funds?


September 17, 2014
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If you are a U.S. citizen, resident alien, or certain nonresident alien, you are required to report any foreign financial assets that meet the reporting threshold to the IRS. There are different filing requirements and it just depends on the type of assets and the reporting thresholds to determine the filings an individual is required […]

What are a surviving spouse’s debt obligations?


September 11, 2014
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Awhile back, an article in the Star Tribune discussed the egregious practices used by some credit card companies and banks to collect debts owed by deceased persons, often targeting surviving family members who may or may not have a legal obligation to pay.

Dividing Up Your Estate at Your Death


September 9, 2014
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For some, as they prepare their Wills, it is a pretty clear cut decision on who will receive what and how much. For example, most married couples with children will first leave everything to each other, then when both spouses are gone, their estate will be divided equally among their children (do keep in mind […]

After Hours with Diana Marianetti


September 3, 2014
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  Name: Diana Marianetti Employer: Maslon Edelman Borman & Brand, LLP Position: Attorney Location: Minneapolis Education: Hamline University School of Law (J.D., cum laude), Macalester College (B.A.) How long have you been practicing? I’ve been practicing law since 2010. What led you to practice in the area of estate planning? That’s actually a funny story. […]