rb LEGAL, LLC
5801 Duluth Street, Suite 360
Golden Valley, MN 55422

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Making difficult conversations comfortable, we help our clients understand how their decisions can help their loved ones in the future.

From the monthly archives: July 2016

We are pleased to present below all posts archived in 'July 2016'. If you still can't find what you are looking for, try using the search box.

ESTATE PLANNING 102: What is a Trust?

You have probably heard of this thing called a “trust.” You may even have a trust. But do you know what a trust is?

 

Merriam-Webster defines a trust as “an arrangement in which someone's property or money is legally held or managed by someone else or by an organization (such as a bank) for usually a set period of time.”

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Funds for Fido: The New Minnesota Pet Trust

Many pet owners care for their pets like family. For many pet parents, the animals are their family. Now, Minnesota law allows Minnesota pet owners to treat their pets like family even after they’ve passed away. With a new statutory pet trust, pet owners can set aside funds to be used after they die for the care of their animals.

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