Estate planning is a crucial aspect of financial management that often gets overlooked until it\'s too late (nobody likes to think about their own mortality). It involves creating a plan for the management and distribution of your wealth during your lifetime and after your ...Read More

 
Introduction
So, you’ve been nominated as a Personal Representative of someone’s estate. Chances are that the estate you’ve been asked to administer belongs to one of your parents. You, as the most responsible (or physically closest) child, want to honor the decedent’s wishes and fairly ...Read More

Farming isn’t just a business, it’s a commitment to family values and a different way of life. You work hard to feed your family and others, raise your children, and earn a reasonable living at the same time. And if you’re reading this article, ...Read More

While the COVID-19 health emergency expands across the country and into our region, we are reaching out to our clients to be sure we are receptive to and meeting their various legal needs. The attorneys in our Business and Corporate practice group are ready ...Read More

With the federal estate tax exemption currently at $11.58 million for individuals ($23.16 Million for married couples) and the Minnesota estate tax exemption at $3 million, non-tax considerations generally prevail when selecting a particular trust arrangement for the transfer of wealth from one generation ...Read More

The amount of personal and financial information stored and communicated electronically on a daily basis in United States is staggering. This trend will only increase as new technologies develop and integrate into mainstream society. As a result, legislatures are making data privacy and cybersecurity ...Read More

Most people have never heard of Minnesota’s laws of intestate succession. Those who have heard of intestate succession probably don’t know exactly how it works. In essence, the laws of intestate function as a default, statutory will, determining how your property will be distributed ...Read More

Entrepreneurs have many different options for setting up a business in today’s market place. And although corporations and limited liabilities companies are more popular, the partnership is still a useful form of business that allows people with complementary talents and a combined vision to ...Read More

According to a recent study conducted by Princeton Survey Research Associates International, 78% of Millennials (ages 18-36) do not have an estate plan. One of the major reasons cited by Millennials for not taking the time to create even a basic Will is that ...Read More