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Purposes Of Estate Planning Thumbnail

Purposes Of Estate Planning

The primary goal of estate planning is to assure the transfer of a decedent\'s property to the beneficiaries of his choice at the smallest possible financial and emotional cost. During the course of a lifetime various types of property are accumulated and many personal ...Read More

Income Taxation of Trusts Thumbnail

Income Taxation of Trusts

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