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trust

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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Mandatory Arbitration Provisions in Estate Planning Instruments

by Julian Zebot December 16, 2013 Estate Planning 101

In May 2013, the Texas Supreme Court enforced a mandatory arbitration provision within a trust instrument in Rachal v. Reitz.  Since then, a number of legal commentators have suggested that there is a growing trend […]

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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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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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Avoiding Power of Attorney Abuse

by Maggie Green July 26, 2013 Incapacity Planning

In a previous post I spelled out the basics of the changes made to Minnesota’s Statutory Short Form Power of Attorney that will take effect January 1, 2014. As I mentioned, many of these changes […]

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Trust Funding, Trust Funding, Trust Funding!

by Maggie Green July 10, 2013 Estate Planning 101

According to a New York Times article, Michael Jackson did have a Revocable Living Trust in place at the time of his death.  A Trust makes good sense for a public figure.  It’s privately administered […]

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New View of Pass-Through Entities in Relation to MN Estate & Gift Taxes

by Jennifer Santini July 1, 2013 Estate Planning 101

We have posted a few updates on the 2013 MN Omnibus Tax Bill (the “Bill”) and the changes the Bill brings to MN’s estate and gift taxes (see Erik Doerr’s post, 2013 MN Omnibus Tax […]

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Spendthrift Trusts: Sometimes it’s What You Don’t Give That Matters Most

by Philip J. Ruce June 5, 2013 Guest Articles

Nowhere are you more generous than with your family.  Whether you are saving for your children’s education, helping with the purchase of a first car, or helping to plan a wedding, your family is first […]

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Domestic Asset Protection Trusts

by Jayne Sykora May 22, 2013 Trusts

Often, clients ask if there is way to shelter their assets from creditors. In Minnesota, the short answer is: no. However, in a handful of states, there is a trust that could allow for someone […]

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