Sjoberg & Tebelius, P.A.
Serving Minnesota & Western Wisconsin

Why It Is Crucial for LGBTQ Individuals to Have an Estate Plan

LGBTQ.jpgEvery adult should have at least a basic estate plan.  For LGBTQ Minnesotans, advance planning can be especially important to help avoid potential family conflicts and confusion, as well as to provide the means to achieve an easy resolution.

For example, consider these benefits of having an estate plan:

Protecting your partner

Having an estate plan can be especially beneficial for your partner. As this article discusses, if you do not have a will or a power of attorney, there could be fights or confusion regarding what rights your partner has when it comes to property distribution or decision-making authority. This is especially true for unmarried couples.

So, even if you do not have significant assets to protect, an estate plan protects the interests and authority of your partner.

Keeping estranged relatives away

Too many people in the LGBTQ community experience strained or severed family relationships. 

To ensure these same parties are not in a position to benefit from your passing or to make decisions that would not reflect your intent, an estate plan can explicitly prevent them from taking advantage of such opportunities.

Leaving the legacy you want

Every adult creates a life and a legacy. This could mean fostering a network of non-relative loved ones, contributing to non-profit organizations, and amassing individual wealth. It can take a lifetime to build these monetary and non-monetary assets and relationships, so it is crucial that you protect them when you are gone.

Creating an estate plan can ensure you leave the legacy you want to leave, rather than putting critical decisions in the hands of the court or burdening the people you love with the navigation of an often confusing legal system. By planning ahead, you can take control by making the decisions yourself and detailing your instructions in your estate plan.

No Comments

Leave a comment
Comment Information
Client Testimonials

Client Testimonials

  1. “Thank you for providing personalized professional services to us during a time of grief and loss when family relationships were not the best. With an attorney on board to help manage legal matters, everyone had confidence that the best was being done. ”

    Read More…
  2. “Our estate plan was handled well. We never felt rushed and all details were fully explained. Sam is very professional, easy to talk to and experienced in all aspects of estate planning. He gave examples and explored alternatives for us to consider. Well done and thanks.”

    Read More…
  3. “I was given the name of the law firm by a family friend after helplessly pilfering through endless names on websites. I am grateful I called. I was connected with Dave Meier immediately and from the go, was treated with dignity, care and respect. Every visit to the firm was pleasant and professional. ”

    Read More…
  4. “We were highly impressed upon the level and capability of Sjoberg & Tebelius. They gently showed us that there was much more to achieving the Will in the correct format that will protect our children than the quick attempts we had made on our own. Great people to work with - achieving our desired results!”

    Read More…

Over 30-years of experience Serving Minnesota & Western Wisconsin

Sjoberg & Tebelius, P.A.

2145 Woodlane Drive
Suite 101
Woodbury, MN 55125

Toll Free: 888-892-7044
Phone: 651-315-8856
Fax: 651-738-0020
Map & Directions