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If you have never been involved in probating an estate, you may not be very familiar with the process. If you have served as a personal representative of an estate, you may be more familiar with probate than you want to be. This can be time-consuming…
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The incidence of divorce among couples in their fifties, sixties, and beyond has nearly doubled in the past thirty years. The reasons for the increase in so-called “gray divorces” are many and varied, but the outcome is that more and more older c…
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You have no doubt heard the expression, “You can’t take it with you.” But what happens to the assets you must leave behind if you don’t have a will or other estate plan? In that case, dying without a will can cause your assets to pass by what…
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How hard is it to challenge a will in Minnesota? It depends on the circumstances, but in general, contesting a will is not easy. That’s good news for those who want their last wishes honored; not so good for those who feel they have been treated un…
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If 2020 taught us anything, it’s that life is uncertain. It has always been possible for people to go suddenly from perfectly healthy to very ill, but COVID-19 made that possibility frighteningly real for many of us. Fortunately, as of this writing…
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Probate is the legal process of administering the estate of a person who has died (a “decedent.”) As a general rule, assets that were owned in the decedent’s sole name (as opposed to jointly with another person, or by a trust), must go through…
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When you picture a child who has a trust fund, you probably envision someone who is wealthy, spoiled, and entitled. If that’s the image in your head, you may not have ever dreamed that you would set up a trust for your child. You might be surprised…
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Whether a marriage ends in divorce or due to the death of a spouse, it’s never easy. For many people, though, no matter how difficult a marriage or its aftermath, the silver lining is the children that came from the marriage. For many people who ar…
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You may have heard that you should update your estate plan after every major life change, such as marriage or the birth of a child. Divorce is no different. And while making or updating an estate plan may have seemed like something to do for a day in…
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If you don’t have a will or an estate plan in place, the first thing you should know is that you’re not alone. According to a 2017 survey conducted by Caring.com, only 40 percent of American adults have a will or an estate plan. Take Prince, for…
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Even the most thoughtful, well-crafted estate plan can become a disaster without proper maintenance. The reason is simple: life is change. Some of that change stems from our own choices. Some of it does not. In the estate planning context, HIPAA waiv…
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Divorce is a stressful process. Between worrying about the well-being of your children, your financial future, and grieving the loss of the marriage you hoped to have, there’s not a lot of energy left over for anything else. But there is one mo…
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As a parent, you want to do everything possible to protect your children. You buy safety equipment, research the best daycare centers and schools, and save for their future. A surprising number of parents, however, don’t do one of the most impo…
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