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Can Estate Planning Address ‘Third Generation Curse?’
Thorough communication with heirs about values and various elements of your estate plan could help younger generations better manage their inherited wealth.
Thorough communication with heirs about values and various elements of your estate plan could help younger generations better manage their inherited wealth.
Revocable trusts are much more common than irrevocable trusts because they provide many important estate planning benefits.
As a landowner, planning for the future and ensuring that your property is preserved and passed down to future generations is essential. This article explores how estate planning can help landowners safeguard their legacy and ensure continuity for their family farm or ranch.
The process averages six to nine months to complete. However, it may take up to two years or more for some complex estates, tying up the assets that your family may need immediately.
From safeguarding agricultural assets to fostering smooth succession transitions, the decisions you make today will shape the future of your farm or ranch. We examine the nuances of succession strategies for farmers and ranchers, strategies to consider and why it’s important to plan now.
The public is now likely to get a closer look at Simpson’s finances, and the families are likely to have a better shot at collecting—if there is anything to collect.
Estate planning can be a sensitive topic for families to talk about. Here’s how to get past the awkwardness and discuss estate planning with your family.
Many Generation Xers are in a unique position, “sandwiched” between raising their children and caring for aging parents. A proactive estate plan can help alleviate financial burdens and smooth aging parents’ path into retirement for both generations.
Understanding Who Can Witness a Will in Minnesota: Minn. Stat. 524.2-505 Explained In the realm of estate planning, a will stands as a crucial document
We all have a digital footprint that does not necessarily die with us. There are three things you should do to best prepare your executor, trustee or other personal representative to properly handle your posthumous digital affairs.
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3000 County Road 42 W. Suite 310
Burnsville, MN 55337