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Estate Plan

Estate Planning Myth #4: Anyone can write a simple will

by Erika Stein Rosenhagen April 16, 2014 Estate Planning 101

This is somewhat correct: I clearly remember reading anomalous cases in law school about concepts like Holographic Wills and whether something as simple as “I leave everything to my wife” is a Will. A gentle […]

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Estate Planning Myth #1: I don’t need a Will – I don’t have kids

by Erika Stein Rosenhagen April 2, 2014 Estate Planning 101

Even if you don’t have a Will, you still do have an estate plan. Without a Will, it’s the state’s version of estate planning that prevails through your state’s intestacy statute. The state’s plan will […]

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Organizing Your Accounts and Passwords

by Maggie Green March 5, 2014 Estate Planning 101

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 […]

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ESTATE PLANNING FOR YOUNG ADULTS…REALLY?

by Jamie Held November 27, 2013 Estate Planning 101

If you have a young adult child coming home for the holidays, the Thanksgiving table might serve as a good opportunity to talk with them about estate planning.   While most young adults do not own […]

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Property and Revocable Trusts – MN Estate Tax Update

by Maggie Green October 23, 2013 Estate Planning 101

Individuals that own property in multiple states often consider placing the property into a revocable trust for planning purposes. While this can be an effective planning technique, there are some important points to consider. For […]

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Your Assets Matter

by Jamie Held October 15, 2013 Estate Planning 101

A while back I introduced the topic of Revocable Trust versus a Will.  This post explores the first consideration in making this decision … what type of assets do you own, how are they owned […]

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Beneficiary Designations and Estate Planning for Retirement Accounts

by Maggie Green October 7, 2013 Estate Planning 101

One of the most commonly overlooked items I see in client’s estate plans and during probate administrations is retirement accounts and their beneficiary designations. I think this has to do with the cumbersome nature of […]

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Who Cares If Stretch IRAs Are Eliminated?

by Chris Revak August 29, 2013 Estate Planning 101

Only wealthy people benefit from the “loophole” anyways. Retirement plans were never intended to be an estate planning tool. It won’t impact me. I don’t care. These are some of the comments in the press […]

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Revival of a Revoked Will

by Jennifer Santini August 27, 2013 Estate Planning 101

Earlier this month I discussed what is required to revoke a Will. Occasionally, however, testators wish to revive a revoked Will. Similar to revoking a Will, there are certain requirements to ensure that it is […]

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Revoking a Will

by Jennifer Santini August 7, 2013 Estate Planning 101

In Jayne Sykora’s article, Holographic Wills, she outlines the requirements for a valid Will. But what if you want to revoke your current Will? A testator can revoke a Will either in writing or by […]

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I Need a Revocable Trust … Right?

by Jamie Held August 5, 2013 Estate Planning 101

This statement (turned inquiry) may or may not be true.  It depends on a variety of factors and client goals.  Deciding whether to use a will or a revocable trust (a.k.a. living trust or revocable […]

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