Online Estate Planning

Considering Online Estate Planning? Think Twice The recent proliferation of online estate planning document services has attracted many do-it-yourselfers who are lured in by what appears to be a low-cost solution. However, this focus on price over value could mean your wishes will not be carried out and, unfortunately, nobody will know there is a...

Minnesota Gift Tax – Update

MINNESOTA IMPOSES GIFT TAX On May 20, 2013, the Minnesota Legislature passed the Omnibus Tax Bill, which includes significant changes to Minnesota tax law. One major change under the Bill is the imposition of a Minnesota-specific Gift Tax effective July 1, 2013. This new Gift Tax may have wide-ranging impact on Minnesota taxpayers. If you have been considering making a...

You’ve Established an Estate Plan. Do You Know Where the Documents Are? Does Your Family?

For most people, finally establishing an estate plan is a big step that they have undertaken after years of delay. A second step is making decisions regarding the personal representative (also referred to as the executor), trustees, beneficiaries, funeral costs and debt, and a third step is actually completing the will. There is, however,...

Common Estate Planning Myths

Estate planning is a powerful tool that among other things, enables you to direct exactly how your assets will be handled upon your death or disability. A well-crafted estate plan will ensure you and your family avoid the hassles of guardianship, conservatorship, probate or unpleasant estate tax surprises. Unfortunately, many individuals have fallen victim...