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You want your estate plan to stick when you’re gone. No fighting, drama or squabbles among your loved ones that turn into courtroom drama - just your wishes carried out as intended. Can including a no-contest clause in your will or trust help you achieve this? First,...

Estate planning is your opportunity to leave a lasting legacy, but doubts about your testamentary capacity can jeopardize your final wishes. Taking steps to establish your mental clarity and intentions while you are alive can help preserve your wishes if someone...

How your assets are used after you pass away is not always in your control. Your assets could be mismanaged and poorly invested. However, you can protect your legacy with a trust. A trust is a legal arrangement that allows a trustee to manage your estate, helping to...

Life is always evolving, and your estate plan should reflect this. Failing to update it could lead to unintended consequences for your loved ones. They may miss out on an inheritance that you wanted them to receive. An estate plan should generally be reviewed every...

Creating an estate plan requires you to take an account of all your assets so you can determine who you will pass each one down to. Some people can do this through their will, but others may opt to use a trust. One type of trust that you may come across is an...

Many family businesses fail shortly after the transition to the next generation. Often, this failure is traced back to ineffective succession planning. So what should you do to plan for the future of your family and your company? Below are three tips that can help at...

Many people have no idea what is in their parent’s estate plan until they pass and they get to read it. Renowned investor Warren Buffet thinks this is a mistake. Here is why he believes parents should share their estate plans with their children before they even sign...

Being chosen as an executor of a loved one's estate is both a profound responsibility and a testament to their trust in you. This role places you at the center of probate, a complex, court-supervised process of settling an estate upon an individual's passing. As an...

The best way to disinherit an heir or beneficiary is simply to note in your will that you are removing them from the estate plan and do not want them to receive anything. If you make this very clear, it lowers the odds of an estate dispute. It informs your estate...

Creating a will might not seem like a priority, but it is essential for individuals who want to protect their loved ones and ensure their final wishes are honored.  Below are several reasons why having a will in Minnesota can make all the difference. 1. Ensure your...