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Estate Planning 101

Minnesota and the UTC

by Maggie Green February 19, 2015 Estate Planning 101

The 2015 Minnesota Legislature may adopt the Uniform Trust Code.  The proposed legislation would provide new rules regarding the administration of trusts, codify some common laws and clarify procedures available to those involved with the administration of trusts. […]

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In the News: Facebook’s Legacy Contact

by Jennifer Santini February 16, 2015 Estate Planning 101

Last week, Facebook announced that users of the social media website could designate a “legacy contact,” who would be able to control and manage the user’s Facebook page once the user passed away. The legacy […]

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To Amend or Just Start Over?

by Jennifer Santini February 3, 2015 Estate Planning 101

If you have a current estate plan, as you know, we recommend that you review it on a regular basis. If there are changes that need to be made, it can be done through an […]

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Privacy and your estate plan

by Maggie Green January 19, 2015 Estate Planning 101

The British government announced recently that 4 million historical wills have been digitized and are now available for download by the public. As in the United States, these documents were previously available by traveling to […]

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Becoming an Organ Donor

by Jamie Held January 15, 2015 Estate Planning 101

Becoming an organ donor is easy. You can indicate that you want to be a donor in the following ways: Register with your state’s donor registry. Most states have registries. Check the list at […]

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What is Organ Donation?

by Jamie Held January 12, 2015 Estate Planning 101

Whether to be an organ donation is a question most of us face only when we renew our drivers’ license. We may be faced with the decision again if we visit an estate planning attorney […]

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Don’t Delay! To-Do List for the End of the Year

by Jennifer Santini December 2, 2014 Estate Planning 101

It is hard to believe we are at that time of year again when a new year will be upon us in only a matter of days. The countdown is on – only 30 days […]

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Qualified Small Business Deduction

by Jamie Held November 26, 2014 Business

The Qualified Small Business Deduction (“QSBD”) under Minn. Stat. § 291.03, provides an additional deduction for Minnesota estate tax purposes for the value of qualified small business property passing to a qualified heir. The statute […]

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Minnesota Homestead Classification

by Jayne Sykora November 20, 2014 Estate Planning 101

In Minnesota, many homeowners can qualify their primary residences for homestead status. By classifying a piece of property as a homestead, the property may qualify for a reduced classification rate, a reduced taxable market value, […]

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Intestate succession for a blended family

by Maggie Green November 18, 2014 Estate Planning 101

A married couple, of which each spouse has children from previous relationships, faces certain issues with regard to distribution of their estates. The most basic of these issues involves what happens if a spouse dies without […]

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Is Your Estate Plan Too Specific?

by Jennifer Santini November 12, 2014 Estate Planning 101

Estate planners do encourage clients to be specific with their various bequests within their estate plan. When describing gifts of both real and tangible personal property or defining beneficiaries, we want the assets and individuals […]

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