We help families achieve peace of mind knowing they won't leave their loved ones a legal and financial disaster.stonearchlaw.com Minneapolis, MinnesotaJoined November 2013
Should you share your documents with friends or family members?
There is no easy answer, but remember that your estate plan is private. Although, many estate planning documents work best in the light of day.
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Wills are very important legal documents that need to be written properly. It contains the last wishes of a person regarding how he or she wants his property divided or disposed of when they die.
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If you’re a Minneapolis parent — whether you’re just starting your new life with a tiny newborn or getting your oldest ready for college — you know the decisions parents have to make every day can feel overwhelming.
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The most common estate plan people opt for is a will: a document listing assets, chosen beneficiaries, trusted executor, and backups. When they pass away, the will needs to be brought to court to be implemented.
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Estate planning is evolving to include our best interests as we age. This plan evolution fuels the need to include better estate planning strategies to communicate the trust maker’s intentions and provide flexibility in its terms.
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There can be confusion about probate and how it relates to someone’s estate plan. Talking to someone about the probate process often generates questions about the basics: What is probate? Is it expensive? How do I skip it?
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Medicaid, known as Medical Assistance In Minnesota, a joint state and federal program, provides health coverage to low-income individuals of all ages.
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An executor, sometimes known as an executor of an estate, is tasked with ensuring that a decedent’s final wishes, as expressed in their Last Will And Testament, are executed accurately and legally.
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It is paramount for parents to have an estate plan that not only takes care of their personal and financial matters but also addresses the well-being of their minor child or children.
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A will is your voice from beyond, a document that speaks on your behalf after you’re gone. It outlines who gets what, who’s in charge, and even who cares for your children. Simple and straightforward, right?
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Life insurance is a pivotal component of a comprehensive estate plan. Integrating life insurance policies into estate planning can provide financial security for your heirs and ensure that your estate is distributed according to your wishes.
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Incapacity planning is an essential component of comprehensive estate management. This process involves preparing for potential future scenarios where you may become unable to make decisions due to physical or mental incapacitation.
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A blended family typically includes two adults in a second or subsequent marriage or partnership who have children from a previous marriage or relationship and may also have children together.
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It is paramount for parents to have an estate plan that not only takes care of their personal and financial matters but also addresses the well-being of their minor child or children.
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Estate Planning starts with organizing your assets. That includes things like property, vehicles, checking and savings accounts, stocks and investments, insurance policies and personal possessions like furniture and jewelry.
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Estate planning is vital for ensuring that your assets are distributed according to your wishes after your death.
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Probate is an administrative court proceeding that oversees the division of assets of a deceased. Most estate planning documents, including wills, go through probate.
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