Losing a beloved parent or family member is an emotional time. After such a loss, surviving family members need time to grieve, remember, and heal. They must also deal with practical matters, such as taking care of their loved one's estate. In most cases, this is accomplished without any problems. Although relatively rare, there are occasions when someone contests the validity of the will. If someone has contested your loved one's last will and testament, it's important to speak to an experienced Minnesota probate attorney immediately.
Although many people think of trusts as something only for the very wealthy, trusts are appropriate estate planning tools for a wide variety of estates, including those with modest assets.
Although same-sex marriage has been legal in Minnesota since 2013, the rights of such couples remained unsettled in many states, where gay marriage was not recognized. For years, gay couples struggled with uncertain laws that required them to jump through legal hoops to ensure their rights and property were protected regardless of where they lived or owned property.
When an older person wishes to update a will or make changes to other estate planning documents, it's common for an adult child to accompany them to the lawyer's office.
Unfortunately, the elderly are a frequent target of dishonest companies and individuals who attempt to capitalize on seniors' financial fears. Many of these companies sell trusts and annuities that end up harming a senior's finances instead of improving or preserving them.
Whether you help care for an elderly parent or other aging loved one, you probably have a lot of tasks and obligations on your mind. Many families share the workload of taking an older family member to doctors' appointments, preparing meals, and helping with bathing, feeding, and other daily tasks. Protecting your older loved one is a full-time job that requires time, patience, and effort.
Divorce and remarriage are part of life for many people. In fact, a recent report reveals four out of 10 Americans identify as being part of a "blended family." Whether you, your spouse, or both have brought children from a previous marriage into a new union, it is important to consider how your family situation affects your estate plan.
It wasn't that long ago that couples who experienced infertility struggles had very few options. Now, reproductive technology has evolved to a place where people have a wide variety of options for planning and growing their families.
Your estate plan is one of the most important legal documents you will sign. Unfortunately, many people attempt to cut corners or save money by preparing their own estate documents or using an online service.
Minnesota's Transfer on Death Deed