Jeffrey P. Scott & Associates
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October 2014 Archives

Wills make difficult times more manageable

Estate planning is one of the most difficult things a Minnesota resident can do, but taking care of the details covered by such a plan can make a person's passing easier on those who remain. Wills are important for people of all ages, and can have an effect on how a person's property is divided after death.

How Divorce Affects Your Estate Plan

A divorce is usually an emotionally and financially turbulent time. Understandably, estate planning may be your last priority when you're facing the breakup of your marriage. Once your divorce is final, however, it's important to turn your attention to your estate documents.

Options in estate planning

Many people in Minnesota struggle over how to best handle their estates in a way that makes things easier for their heirs. Certain types of assets, such as life insurance benefits and retirement accounts, go to named beneficiaries. Homes that have a title with joint survivorship usually pass to the surviving owner. However, arrangements must be made for the distribution of other assets using either a will or revocable trust.

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Jeffrey P. Scott & Associates

Jeffrey P. Scott & Associates LLC
2356 University Avenue West, Suite 400 | St. Paul, MN 55114
Phone: 651-968-1457 Toll free: 866-442-3092
Fax: 651-647-9544
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