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Will Execution

A closer look at the execution of simple wills in Minnesota – II

In a prior post, we started exploring the topic of simple wills. The reasoning behind this was to provide some valuable insight into what state law has to say about these important legally binding documents and to reinforce just how vital they are in helping solidify a person’s exact estate planning wishes. In today’s post, …

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Report finds boomers don’t like to talk about estate planning

As we’ve made abundantly clear on our blog, people from all walks of life should give strong consideration to executing a comprehensive estate plan setting forth very clear expectations concerning the distribution of property, medical care and even guardianship of children. That’s because the failure to do so can create both unnecessary tax liability and …

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A closer look at the execution of simple wills in Minnesota

In previous posts, we’ve discussed how many people would benefit considerably from having a simple will in place. That’s because this legally binding document allows a person to set forth their exact wishes concerning how they want their money, real estate and personal belongings to be divided, as well appoint guardians for any minor children. …

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Estate plan of music icon provides valuable lessons

Last October, music fans of all ages were undoubtedly sad to hear the news that legendary musician Lou Reed had died of complications from a recent liver transplant. The long-time solo artist and lead singer for the Velvet Underground, known for his monotone singing style, was viewed by many of one of the more influential …

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Do you plan on leaving an inheritance for your children?

A recent survey of international savings, retirement, and estate planning habits found that the United States ranked surprisingly low in terms of how many parents planned to leave a gift for their children and how much. About 59 percent of those surveyed in the United States said that they planned to leave an inheritance for …

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