Why Do I Need a Will?
April 26, 2021
A will is a legal document, governed by the laws of each state, written to guarantee that your possessions will be left upon your death to the people or organizations you specify.
A will is a legal document, governed by the laws of each state, written to guarantee that your possessions will be left upon your death to the people or organizations you specify.
The press has made much of the handwritten will that Larry King executed in the months before he died and in which he purports to change his prior will executed in 2015, to leave his estate equally between his children.
Qualified Charitable Distributions, which allow Individual Retirement Account holders in their 70s and older to divert some of their federally taxable required distributions to charity while reducing their federally taxable income, are back after a 2020 hiatus.
What are the advantages of putting assets into a trust?
Aretha Franklin was initially thought to have died without a will, but now still another document that may represent her last wishes has been found.
While the tasks of dealing with an estate after someone passes may be simple administration, the work associated with it is often quite complicated.
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.
Aging parents grow stubborn, and researchers are uncovering the reasons why.
Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.
Is Your Will or Trust Still Valid If You Move To Another State?
3000 County Road 42 W. Suite 310
Burnsville, MN 55337
8653 Eagle Point Boulevard,
Lake Elmo, MN 55042
