Jeffrey P. Scott & Associates

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Leaving property to Fido and other mistakes with wills

Wills can be important legal documents that ensure your loved ones carry out your wishes after you die. However, some people make mistakes that lead to confusion or bumps in the probate process. These errors also mean that their wishes do not get carried out sometimes.

3 steps of probate court

Everybody wants to be sure that their family receives the care they need when they pass away. Though it can be stressful to consider the future and plan for such events, drafting a will or trust is imperative to ensuring the fair distribution and division of your property and sparing your loved ones the task of dividing it. Without a will or trust, this task often results in disputes within the family that go through probate.

Prioritize creating an estate plan this year

As you made a list of goals or resolutions for the year, one item you may have forgotten was to complete an estate plan. It is not enough for you to tell you loved ones what you want them to have when you pass on. Without documents in place detailing your wishes, your family members may not receive what you want them to. 

Plan for future estate, not just for retirement needs

Many Minnesota residents approaching retirement have taken great strides in developing a retirement plan. Often, however, they have not taken care to plan their estate to avoid many estate mistakes. According to USA Today, their failure to establish an estate plan could hurt them and their families in the end.

3 goals you should set for planning your estate

When you are thinking about the future, it can be easy to put off estate planning and dismiss it as something to deal with later. This is the mistake many people make and consequently end up leaving their family to navigate the complexities of probate and property division without any guidance. Planning your estate is not just for your own benefit — it is the best way to provide security for your family.

3 things to remember when you add grandkids to your will

The only joy greater than becoming a parent might be the excitement of becoming a grandparent. When this monumental event occurs, you naturally want to shower your grandson or granddaughter with love and affection, but more importantly, you want to provide her or him with the security and financial stability needed later in life. Adding your grandchildren to your will is one of the most effective ways to provide for them.

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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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