Are you a Minnesota Resident?

Jennifer Santini / October 23, 2014

We’ve said before that Minnesota is not a favorable state in which to die because of the state’s estate tax laws. Some believe that the same is true for other tax reasons as well. While Minnesota does offer a lot to its residents, which attracts them to make Minnesota their home, there are people who […]

Death with Dignity

Kim Prchal / October 15, 2014

Brittany Maynard, an Oregon resident, selected the date November 1, 2014 as the day she will end her life. Brittany is 29 years old, and was recently diagnosed with terminal brain cancer. She is plagued with seizures and increasing pain and her most recent diagnosis gave her only six more months to live. Instead of […]

5 Lessons from Kindergarten to Ease Estate Administrations

Jennifer Santini / October 7, 2014

Unfortunately no matter how close a family might seem, it always has the potential to endure disputes between members either during everyone’s lifetimes or after someone has passed away. The fights can get ugly and feelings can get hurt. But often the disputes could have easily been avoided, or resolved, if individuals remembered the lessons […]

Cyber Attacks: It’s no longer “if” it will happen, but “when” it will happen

Geoff Engelhart / September 29, 2014

The vast majority of us are not running international, Fortune 500 operations. We are leading, or working with, small to mid-sized businesses. With that comes the false sense of security that cyber thieves aren’t targeting us or our clients. I want to share with you why that presumption is false, and why we are actually […]

Cabin LLCs: The Basics

Jayne Sykora / September 25, 2014

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 frustration and confusion as to how families (immediate and extended) will share it and how the cabin can be passed […]

Have you reported your offshore funds?

Jennifer Santini / September 17, 2014

If you are a U.S. citizen, resident alien, or certain nonresident alien, you are required to report any foreign financial assets that meet the reporting threshold to the IRS. There are different filing requirements and it just depends on the type of assets and the reporting thresholds to determine the filings an individual is required […]

What are a surviving spouse’s debt obligations?

Jamie Held / September 11, 2014

Awhile back, an article in the Star Tribune discussed the egregious practices used by some credit card companies and banks to collect debts owed by deceased persons, often targeting surviving family members who may or may not have a legal obligation to pay.

Dividing Up Your Estate at Your Death

Jayne Sykora / September 9, 2014

For some, as they prepare their Wills, it is a pretty clear cut decision on who will receive what and how much. For example, most married couples with children will first leave everything to each other, then when both spouses are gone, their estate will be divided equally among their children (do keep in mind […]

After Hours with Diana Ringuette

Jayne Sykora / September 3, 2014

  Name: Diana (Marianetti) Ringuette Employer: Maslon Edelman Borman & Brand, LLP Position: Attorney Location: Minneapolis Education: Hamline University School of Law (J.D., cum laude), Macalester College (B.A.) How long have you been practicing? I’ve been practicing law since 2010. What led you to practice in the area of estate planning? That’s actually a funny […]

After Hours with Philip J. Ruce

Jennifer Santini / August 28, 2014

Employer: Stone Arch Law Office, PLLC Position: Attorney Location: Minneapolis Education: University of Minnesota (B.A.), William Mitchell College of Law (J.D.), Thomas Jefferson School of Law (LL.M.) How long have you been practicing? I opened my practice in February of 2014 after spending six years in trust and estate administration. What led you to practice […]

Godparents & Guardians: Two Different Roles

Jayne Sykora / August 22, 2014

I often hear in conversation (and I once believed this too!) that if a minor child has godparents, then the same people will be legal guardians of the child if something happens to the child’s parents. This is not true. Godparents and guardians are two different roles and are appointed in different ways. Godparents A […]

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