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Real Estate

Using a Testamentary Letter to Explain Your Estate Plan

by Robert Lynn January 20, 2016 Beneficiary

Your estate plan likely includes formal documents (a will, perhaps one or more trusts) that direct transfers of your property when you die. But those documents won’t identify each and every item to be transferred. […]

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Excluded Assets for Medical Assistance: Homestead

by Jill Sauber December 3, 2015 Medicaid

In Minnesota, it is important to know which assets are excluded for Medicaid/Medical Assistance (MA) eligibility purposes when contemplating MA Long-Term Care benefits for individuals who are 65 years of age or older, blind, or […]

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Nuts and Bolts of Real Estate Filings in Minnesota for Estates and Trusts Professionals

by Jeff Miller October 14, 2015 Probate

As a freelance probate and estate planning legal assistant/paralegal (call me what you like) I work with a lot of real estate documents.  Most commonly I’m involved in preparing and recording… Quit Claim Deeds transferring […]

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Pros & Cons of Joint Tenancy

by Emma Maddy August 11, 2015 Estate Planning 101

A comprehensive estate plan deals with multiple types of property; from probate assets that pass through your will, to non-probate assets that pass outside a will via a trust or beneficiary designation, to jointly held […]

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Selling Real Estate Out of a Conservatorship

by Jayne Sykora February 23, 2015 Incapacity Planning

Last fall, I covered the basics on conservatorships (see: Conservatorship Basics Part 1 and Part 2). As a review, a conservatorship is needed when an adult individual is impaired to the extent of lacking sufficient […]

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Timeshare Exit Strategies

by Jayne Sykora February 5, 2015 Real Estate

Over the last few years, I have had a few clients who own timeshares. A timeshare is typically a resort of units in which multiple parties hold rights to use the property and each owner […]

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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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Cabin LLCs: The Basics

by Jayne Sykora September 25, 2014 Business

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 […]

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Division of Assets in Divorce

by Zach Wiegand February 17, 2014 Estate Planning 101

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 […]

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Gift of Real Estate to Religious Corporations

by Robert Beutel February 3, 2014 Estate Planning 101

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 […]

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