Managing an estate can feel overwhelming, but the process becomes even more complex when assets are spread across different states. Each state has its own laws, and transferring property or handling accounts outside the home state often requires additional steps. Whether it’s a cabin in Wisconsin or investment properties in Florida, dealing...
Category: In The News
The Benefits of Using Dynasty Trusts for Long-Term Wealth Preservation
For individuals and families focused on preserving wealth across generations, dynasty trusts are an ideal estate planning tool. Designed to protect assets and provide financial security to your descendants, these trusts offer a way to bypass common challenges such as estate taxes, lawsuits, and financial mismanagement.
Mullen Law...
Life Events That Should Trigger A Call To Your Minnesota Estate Planning Attorney
Certain life events are crucial triggers for contacting a Minnesota estate planning attorney to create or update your estate planning documents. Estate planning is not just for the wealthy; it is a critical step for anyone wanting to ensure their wishes are followed and their loved ones are cared for after they...
How to Select Beneficiaries for Your Estate
What Factors Should You Consider?
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One of the most important considerations when writing a will or trust is who will inherit your estate. The process of selecting a beneficiary or beneficiaries for your assets is a personal and emotional process. There are many factors to consider:
Inflation & Retirement
What is Inflation?
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Inflation is the decline of purchasing power of currency and the general increase in prices of goods and services over time. This means that a unit of currency buys less today than it did in years past. Over the last few years, the inflation rate has...
Joel Mullen Featured on WCCO Minnesota
Prince’s death has left questions about who will inherit his fortune.
Despite his international popularity, Prince led a private life when he wasn’t performing. So it hasn’t been made public whether Prince had a will.
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