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estate planning

Estate Planning Myth #5: Equal is Fair

by Erika Stein Rosenhagen April 22, 2014 Estate Planning 101

I have noticed that many clients use the words “equal” and “fair” interchangeably in the discussion around leaving assets (especially to children and grandchildren). Unfortunately, when thinking through the ramifications of equal treatment, it often […]

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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 #3: All I need I can find on legal zoom

by Erika Stein Rosenhagen April 11, 2014 Estate Planning 101

Yes, there are forms out there, and yes, many documents that attorneys draft begin from a template or form. However, consider these two major points for discussion with this myth: first, the law is full […]

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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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Don’t Leave Your Money Behind

by Jennifer Santini March 13, 2014 Estate Planning 101

Recently, Joe Larson wrote about what to do when you’ve been terminated by your employer and what your rights are with respect to your personnel file. It raises a reminder that whether you have been […]

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Governor Dayton’s Estate & Gift Tax Simplification Proposal

by Jamie Held March 11, 2014 Taxes

Last week, Governor Dayton issued proposed tax cuts of $616 Million. The tax cuts are aimed at middle class Minnesotans and businesses. The proposed tax cuts include simplifying the state estate tax and eliminating the […]

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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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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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How should my Estate Planning Attorney & Financial Planner work together?

by Phillip Christenson January 6, 2014 Estate Planning 101

There are many parts to your financial life which may require you work with multiple professionals from different disciplines. Two of the most important professionals you should have on your team are a Financial Planner […]

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10 Items To Remember Heading Into 2014

by Jennifer Santini December 24, 2013 Estate Planning 101

There are a few items we wanted to remind you about as we wrap up the end of the year and look towards 2014. In no particular order they are: 1. Don’t forget that Minnesota […]

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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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