Why Do I Need an Estate Plan Since the Change in Tax Law?

June 24, 2019

President Trump’s administration has seen a host of changes.  One of the most sweeping changes is the Tax Cuts and Jobs Act.  The law was passed and then signed into law in December 2017.  This legislation overhauled many areas of the federal tax code, including tax credits for minor children, itemized deductions, and estate taxes.  […]

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Common Mistakes Choosing Life Insurance Beneficiaries

June 21, 2019

We all want to make sure that our family and loved ones have a secure future, even after we have passed on.  Estate planning is an essential step to making sure this is properly accomplished.  With an estate plan, you can establish a trust for your grandchild’s future education, distribute your fine art collection, or reduce the […]

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Step-Children, Partners, and Close-Friends – Who to Remember In Your Estate Plan

June 20, 2019

A solid estate plan is an important component of making sure your future and that of your family members and loved ones is secure and stable.  An estate plan can help you provide financial security as well as guidance to how you want your minor children taken care of, your preferences for medical care, and […]

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Proving Breach of Fiduciary Duty In a Trust Case

June 19, 2019

There are a wide variety of instruments that can be used to craft your estate plan.  A well rounded estate plan will likely include several different documents, such as your last will and testament, a durable power of attorney, a living will, or a trust.  Each estate planning instrument has its own benefits and drawbacks, […]

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Lessons From Famous Probate Cases

June 18, 2019

America has a strong “celebrity culture.”  Easy access to information through the Internet, as well as the widespread use of social media has only increased the visibility of celebrities and the minutiae of their lives.  We can learn a lot from celebrities, whether that is how to devote energy and time to philanthropy or as […]

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Using a Trust to Disinherit Your Child

June 17, 2019

Family is an important foundation for most people.  We spend most of our lives interacting with our family members, whether that is our parents, siblings, spouses, or even children.  Having children and guiding them as they grow up is rewarding and can be a source of great joy.  However, not every parent-child relationship is ideal.  In some unfortunate circumstances, […]

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No Fault Divorce – Why Fault Can Still Matter

June 14, 2019

The end of a marriage is a difficult time for everyone.  Divorce is draining for the parties involved, both emotionally and financially.  In Minnesota, either party may seek a divorce without proving fault.  This means that neither spouse needs to demonstrate that the other spouse is the one responsible for the breakdown of the marriage.  […]

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Gambling Debt and Divorce

June 13, 2019

The end of a marriage is often one of the most difficult financial times for both parties.  In most cases, spouses have worked together to build financial security, plan for retirement, buy real estate, and other important steps to create a secure future.  During a divorce, the spouses will have to figure out how to […]

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Bad Decisions – Should You Purge Your Social Media

June 12, 2019

The world today is becoming more and more connected.  We use computers, tablets, smart phones, and a variety of other devices to stay linked to our friends and family as well as build business and community connections.  The downside to staying connected so constantly is that social media can also provide an outlet for negative […]

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Age Gap and Divorce

June 11, 2019

It is often stated that half of all marriages end in divorce.  Some reasons for divorce may be more common than others, such as adultery, substance abuse, or financial infidelity.  A recent study indicates that an age gap between the parties can also be a strong contributing factor.  If the parties have an age gap […]

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