by Lommen Abdo | Dec 8, 2017 | Estates + Trusts, News
There have been significant well publicized estate planning legislative updates in 2017, including the increase in the Minnesota estate tax exemption amount and the proposed repeal of the federal exemption. Two lesser-known changes impact one of Minnesota’s most...
by Lommen Abdo | Dec 8, 2017 | Estates + Trusts, News
As the end of the year approaches and with the holiday season in full swing, estate planning isn’t typically at the top of most people’s wish lists. Nevertheless, it is important not to move on to 2018 new year’s resolutions without tying up the loose ends from the...
by Sara N. Wilson | Sep 28, 2017 | Estates + Trusts, News, Sara N. Wilson
There is often confusion regarding what a guardianship is and whether it may be necessary for a friend or loved one. This article is meant to provide a general overview of guardianships in Minnesota. A guardianship is a relationship between a guardian, who is...
by Lommen Abdo | Sep 12, 2017 | Estates + Trusts, News
As a price conscious homeowner, I am all for do-it-yourself projects to save a few dollars here and there. I often bite off more than I can chew, like the time I thought I could handle rerouting the plumbing in a bathroom. Predictably, this resulted in a flooded...
by Lommen Abdo | Jun 2, 2017 | Estates + Trusts, Tax
Governor Dayton has signed the 2017 tax bill which will increase the Minnesota estate tax exemption from its current level of $1.8 million to $2.1 million for individuals dying in 2017. The legislation also adjusts the estate tax exemption in subsequent years;...
by Lommen Abdo | May 24, 2017 | Estate + Trust Litigation, Estates + Trusts, News
Cameron Kelly, a Stillwater attorney practicing in the areas of estate planning, business law and real estate, joined Lommen Abdo May 15th. Cameron is a certified real estate specialist and is on the 2017 list of Minnesota Rising Stars as published by Super Lawyers. ...