by Lommen Abdo | Jan 15, 2019 | Commercial Litigation, Construction Law, Estate + Trust Litigation, Estates + Trusts, Lauren E. Nuffort, Litigation, News
They focused on client successes (not their own). They helped our clients accomplish goals. And, in the end, they gave our clients peace of mind. While Lauren Nuffort, Cameron Kelly and Jesse Beier may have different practices, they share a philosophy of the “client...
by Lommen Abdo | Jan 15, 2019 | Estates + Trusts, News
For most people, the term “estate” conjures visions of stately mansions, fountains, private jets, and other luxuries associated with the superrich. However, if you own anything when you die, you have an estate. Your estate includes personal property, real estate, bank...
by Lommen Abdo | Dec 14, 2018 | Estates + Trusts, News
Business owners are busy. Starting, running, and growing a business takes time, and normally carries the business owner well outside of the bounds of a normal nine to five business day. It should, therefore, come as no surprise that most business owners have no...
by Lommen Abdo | Dec 4, 2018 | Estates + Trusts, News, Tax
Federal Estate and Gift Tax Exemption: The IRS announced the official estate and gift tax limits for 2019 late in November of 2018. The federal estate/gift tax exemptions for an individual increases to $11.4 million, up from $11.18 million in 2018. This means an...
by Lommen Abdo | Sep 14, 2018 | Estates + Trusts, News
Minnesota income taxes are currently among the highest in the nation, which is why many of our estate planning clients prefer to create trusts that will be taxed in other states. Many of these other states, such as South Dakota, have no income taxation, and favorable...
by Lommen Abdo | Jun 4, 2018 | Estates + Trusts, Family Law, News
I spend a lot of time talking to clients about property, but at its core estate planning is about family. Clients want to ensure that their family will be taken care of. For parents of young children, the most important family decision is the selection of a guardian....