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Minnesota Transfer on Death Deeds: Effective Probate Avoidance Tools for the Right Situation

Many people that are considering estate planning have heard of the legal process of administering a deceased person’s estate known as probate. A person may have named death beneficiaries on bank accounts, retirement accounts, and investment account to avoid those assets going through probate. However, a probate would still be necessary if a person owns… Read more »

Minnesota Gift Tax

Last week the Minnesota Legislature wrapped up its session for 2013 by approving an omnibus tax bill that will have a major impact on Minnesotans looking at gifting as part of their estate planning. By brief way of review, up until last week Minnesota has not had a gift tax.  Federal tax law imposes a… Read more »

An Overview of the Probate Process in Minnesota

Probate is the legal process by which a deceased person’s property, known as the “estate,” is passed to his or her heirs and/or devisees (people named in the will) after his or her death. Property which the decedent owned individually, items payable to the decedent or to his or her estate must pass through probate… Read more »

Murder by Health Care Directive?

We encourage all our clients to prepare Health Care Directives appointing someone to make healthcare or medical treatment decisions for them in the event of incapacity. We also advise them to appoint only trusted persons in such a role, since this is a tremendous responsibility. Spouses and children are often the appointed agents; however, the… Read more »

Supreme Court upholds Affordable Care Act (aka ObamaCare)

Legal Analysis: Surprise, Supreme Court upholds Affordable Care Act (aka ObamaCare) On June 28, 2012, in a move that surprised legal scholars the Supreme Court of the United States (SCOTUS) in a five to four decision upheld the Affordable Care Act (ACA) passed by Congress and signed into law by President Barack Obama. Contrary to… Read more »