by Sara N. Wilson | Oct 10, 2016 | Estates + Trusts, News, Sara N. Wilson
Traditionally when we think of estate planning, we think of transferring assets upon death pursuant to wishes conveyed as part of a Last Will and Testament or a Revocable Trust. Assets held in a revocable trust will pass directly to beneficiaries named in the trust...
by Lommen Abdo | Aug 17, 2016 | Estate + Trust Litigation, Estates + Trusts, News
It seems to be a common theme. Adult child lives with parent. Maybe this is for financial reasons, or perhaps the child is acting as caretaker. Parent wants child to have the home at the time of the parent’s death. If the proper planning isn’t done, however, it’s...
by Lommen Abdo | Jul 19, 2016 | Estates + Trusts, News
If you’re remarried, you may face some interesting planning considerations when it comes to completing your estate plan. The planning for blended families can be quite different from the planning you did in your first marriage as there is now yours, mine and ours. The...
by Lommen Abdo | Jun 14, 2016 | Estates + Trusts, News
Many of us consider our pets to be part of our family. This means we worry about who will care for them in the event of our deaths, but more importantly, how do we make sure there’s enough money set aside for this purpose? Minnesota, last but not least, has finally...
by Lommen Abdo | Mar 2, 2016 | Estates + Trusts, News
Grandma, bless her soul, was a generous lady. She wanted to name each grandchild in her will so that they would know how special each of them was to her. So, one day she decides to create her will with an on-line program. Keeping things simple, her will stated: All...
by Lommen Abdo | Feb 1, 2016 | Estates + Trusts, News
February…the month of love. It got me thinking about marriage. So I hopped onto Urban Dictionary* to see how others define it. Among the traditional definitions, I found a few gems. One said marriage is “the number one cause of divorce.” Another one states...
