Creating an estate plan can be a prudent resolution to make in the new year. Even if Minnesota residents have already created a plan, they can resolve to review and update those plans as needed. Estate planning can certainly be helpful, but the information is the most helpful when it is up to date. If individuals are not starting their plans from scratch, they may still find that they have a considerable amount of work to do with them. If someone has More +

Getting any type of important affairs in order can be tricky. When Minnesota residents are trying to figure out where to start when it comes to estate planning, they may feel overwhelmed by the amount of information they may need to organize. Fortunately, an estate plan can start small and turn into a more comprehensive plan. The first document that often comes to mind when creating an estate plan is the will. This document can cover certain important information like who More +

When carrying out almost any action in life, there is room for mistakes. The same goes for estate planning, which can be a very involved process. Some Minnesota residents may think that they have created a plan that will be beneficial for themselves and their families, but too many make mistakes during this process. For some, a mistake may be thinking that they have a solid estate plan when they do not. They may think that because they quickly created More +

Finding the right way to plan for the future is not always easy. Fortunately, Minnesota residents who are interested in estate planning can find the best options that fit their particular needs. Various planning tools exist for specific purposes, and some parties may find that trusts could suit their needs. When creating a trust, individuals may want to think of an objective for their document. Parties could create a trust for charitable giving or to provide funds for the care of More +

When they think of their end-of-life wishes, many Minnesota residents may think of whom they want to leave assets to. However, some of them may also think about who they do not want to receive anything. Family relationships are not always loving or healthy, and as a result, some individuals may be interested in ways to disinherit family members as they go through the estate planning process. Some people may reach a point where they are no longer happy in their More +

Making decisions that can have a significant impact on loved ones is not always easy. When Minnesota residents are estate planning, they may worry that they will choose the wrong person to act as the executor. In some cases, the potential for family conflict over who was named could be a deciding factor. Fortunately, individuals do not have to appoint a family member to act as their executor if they do not feel it would be best. Banks and other financial More +