Your family is your top priority. Focusing on their needs and how you wish to provide for them in the future is at the core of estate planning. We will help you plan and document how you want your assets to be distributed after your death. This may be the greatest gift you leave to your heirs. We will explain to you the tax and legal consequences of various estate planning options. Then, together with you, we will craft an estate plan that maximizes the assets that go to your loved ones, and minimizes estate taxes and court costs.
A well-prepared estate plan is one of the best gifts you can give your family. It spares them confusion and arguments over what you would have wanted done with your assets. An estate plan clarifies the disposition of real and personal property, business and investments, lifting difficult decisions from your family’s shoulders. Even more important, it provides a plan for the care, support and education of your children. When your family is grieving, they shouldn’t have to be burdened by worries about their financial future as well.
Our attorneys can discuss tax implications of an estate as well as the use of charitable trusts or foundations, limited liability companies, disclaimer trusts, Grantor Retained Annuity Trusts, and more, depending on your circumstances. Most of the time, the cost of preparing an estate plan is more than offset by tax avoidance and savings on costs associated with estate administration where no planning has occurred. An estate plan provides peace of mind for you and your family.
At some point in their lives, most people are involved in a probate case dealing with the estate of a loved one. When that time comes, and you are faced with filing a probate action on behalf of a family member or friend, our attorneys can help you navigate the probate system.
The probate system is complex and can be difficult to deal with; we work to simplify the process and help bring the estate to an appropriate resolution. Our attorneys, who are experienced with the requirements of probate, offer guidance and support to personal representatives or executors of estates. We help ensure that required documents are properly completed and timely filed. We also prepare state and federal estate tax returns, if necessary.
Probate law and its attendant tax implications are extraordinarily complex. Our attorneys can work with you to make sense of the mountain of paperwork and regulations. We work together with you to secure your future and that of those who mean the most to you. Learn more about our Minnesota probate services.