Oh, the holidays. As we prepare to get together with family and friends who live near and far, this time of year tends to bring up a lot of questions for everyone. With people being more mobile...

When there are assets left in a person’s estate that have no way of passing on to an heir or beneficiary without the court-based probate process, those assets are probate assets....

A loved one died three weeks ago. You are the designated trustee, personal representative, or closest relative. You have notified family, friends, and employers. You have held the funeral or...

For married couples  creating an estate plan  ,  a trust  may be a better...

If you are single and are creating an estate plan, a trust may be a better option for you than a will. Why? Reason #1: Incapacity—Protecting Your Children & Pets...

Congratulations! First-time horse ownership, much like first-time home ownership, is an exciting time. You feel invested and exhilarated…and possibly a little overwhelmed. And that’s just from the...

A crucial part of estate planning is drafting a final will. This legal document dictates how your assets are distributed upon your death. However, there is so much more to estate planning than this...

What is the Corporate Transparency Act? The Corporate Transparency Act (CTA), was passed by Congress in 2021, and went into effect January 1, 2024. Its purpose is to...

I recently had my horse, Gobain, shipped to me across several state lines. Along with checking multiple shipping company references, I reminded myself to check with my new state to see what I...

Social media accounts, such as Twitter and Facebook...

Management of estate resources is one of the bigger challenges during estate administration. The executor or personal representative of a Minnesota estate will have certain liabilities, including...

Small business  and  family business  may seem the same on the surface, but there are particular...