Maggie is the principal attorney at Donohue Green Law Office, PLLC. Maggie Green’s legal practice focuses on estate planning and probate services for individuals and families in Minnesota.
We all know the saying about death and taxes being the only certainty in life. Well, ironically, there is very little certainty when it comes to the “Death Taxes.” Just this week, I received a [...]
I field this question every day. My response is always the same, it depends. So, when should someone consider a Trust-based estate plan*? Well, here are a few things to consider: Do you own property [...]
Governor Dayton recently proposed a budget that, among other things, may broaden the “snow bird” tax base. While those affected by the proposed legislation are most likely wealthy people who have second homes in warmer [...]
A couple in love has a baby but they haven’t tied the knot. Many times they also haven’t created an estate plan. Unfortunately, the unwed parents in love need an estate plan more than married [...]
Make this your new year’s resolution. Or don’t. Either way, these six things should give you peace of mind that your family and friends will not struggle through the probate process. 1. Make a list of [...]
Scheduled to decrease January 1, 2013, the federal gift tax exemption will go from the $5.12 million to $1 million*. Many individuals have made substantial gifts this year to take advantage of the high exemption. [...]
As previously written in Trusts and Minnesota Farmland, the Corporate Farm Act imposes restrictions on the ownership of farmland here in Minnesota. Among other things, it requires that certain entities such as Partnerships, LLCs, and [...]
Here on Epilawg, we already have great articles about the estate planning for social media accounts and the importance of having an estate plan that addresses ownership of digital art. This article will address the importance of giving fiduciaries [...]
Some clients know how important the Power of Attorney document is. They may have acted as attorney-in-fact for a spouse or an elderly relative. Or they may have experienced first hand the challenges created when [...]
Almost every week I receive an email from a tax or financial advisor about how my clients should take advantage of the current gift tax exemption. The exemption of $5.12 million allows an individual to [...]
Minnesota has a professional firms act that requires licensed professionals (as defined in MN Statute 319B.02 subd.19) to, among other things, register their business as a professional firm. One particular requirement of the statute, that [...]