Health scares are huge wake up calls for many people who had previously procrastinated when it came to their estate plan. Between the health and financial implications of a serious illness, people often realize that they have not done the requisite planning to express...
Month: September 2019
What Does Mismanagement of a Trust Look Like?
Whether you are thinking about setting up a trust or you are someone affected by the management of a trust, one of your primary concerns may be whether a trustee is managing it properly. Unfortunately, there are situations where a trustee fails in its duties, which...
Trying to Save Money During Divorce? Avoid These 4 Missteps
Though there are certainly exceptions, most reasonable people don't want a divorce to be a long, expensive process. To get through it as quickly and fairly as possible, some pursue avenues that seem inexpensive and quick on their face, only to make things more...
Tips When Seeking Financing For Your Emerging Business
Being your own boss can be an enticing prospect. However, starting a business is no small feat. Not only do you need a product or service worth selling, you must also determine how to get your business up and running. To begin with, many emerging business owners...
Addressing Hostile Work Environments
Workplace culture and dynamics are not always as positive as employers and employees would hope. In some cases, a workplace becomes so negative and harmful for an employee that it constitutes a hostile work environment. Under such circumstances, it is crucial for...
Employers: Avoid These Words to Avoid Accusations of Discrimination
Discrimination in the workplace is illegal, whether it is intentional or not. Unfortunately, some employers do not recognize certain words or exchanges as discriminatory, especially when they have no intention of treating anyone unfairly. Educating one's self about...
Employers: Avoid These Words to Avoid Accusations of Discrimination
Discrimination in the workplace is illegal, whether it is intentional or not. Unfortunately, some employers do not recognize certain words or exchanges as discriminatory, especially when they have no intention of treating anyone unfairly. Educating one's self...
Are There Too Many Restrictions on Your Gifts?
One of the most common goals people have when creating an estate plan is to leave gifts of money or property to loved ones, hoping to make a positive impact. Some people, however, try to control or direct their loved ones' behavior from the grave by placing conditions...
Millennials: 4 Reasons to Consider a Prenup
When it comes to setting trends, perhaps no one has more influence than millennials. People in their 20s and 30s have been connected to everything from building the gig economy to killing the paper napkin industry. Unsurprisingly, they also drive change in family...
Do I need a revocable trust for my estate plan?
Estate planning is a difficult topic for many people here in Minnesota, and many make incorrect assumptions when considering what to do with their assets after they die. There are those who believe it’s something you do when you get older, while others think having a...