Creating a Minnesota estate plan offers benefits for you, but it also makes things easier for your loved ones. Yet, many people mistakenly believe estate plans take a lot of time and money to make and put off doing so as a result. In truth, an estate plan does not...
Virtually all people should have an estate plan in place to ensure their family receives their assets according to their wishes. Estate plans can also provide other forms of protection, particularly when it comes to the care of children. Along with creating an estate...
Millions of seniors have never discussed estate planning, end-of-life decisions or long-term care with their loved ones. However, as seniors age, their families often have to make difficult decisions about their care, finances and healthcare. In most cases, these...
Undue influence is a term most people will likely not come across in their lives until they have to deal with estate planning, especially with elderly relatives. Unfortunately, undue influence cases happen more often than one would want to think. It is important to...
Most of the documents in your estate plan are revocable, meaning that you can make changes to them whenever you want to. This may include scrapping an old, outdated document altogether and replacing it with a new one that is more accurate. According to CNN Money, you...
When you have children, you may start to think about the future and who might care for your kids if you happen to pass on unexpectedly. The New York Times notes that the children of parents who have no will may end up in the foster care system, despite the parents'...
If you have a loved one who struggles with a disability and you worry about their future, it is important to understand how estate planning could benefit them and provide your entire family with peace of mind. For example, you could have the ability to create a...
Estate planning ensures you can continue to take care of your loved ones after you are gone by distributing your assets among them. However, they can also protect you while you are still alive but unable to make decisions about your health. According to the Mayo...
Putting together a complete and thorough estate plan is hard work. There are many elements that you have to keep track of, and you have to think of and plan for all possible contingencies. Possibly the most important decision you will make during the estate planning...
Many people find the process of creating an estate plan intimidating. While that is understandable given the magnitude of the task, you must have a solid estate plan in place to safeguard your family should the unthinkable happen. According to U.S. News & World...
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