During his lifetime, the late and great Prince of Minnesota had amassed what many expect to be a very significant estate. According to Forbes.com, estimates suggest Prince's net worth is over $300 million. Prince smartly took measures protecting his ownership rights...
I wrote the book on Minnesota probate.
Month: November 2017
Should we put one of the kids on a joint account with Mom or Dad?
When Mom or Dad is in failing health, the adult children may think it is a good idea to put one or more of them on the parent's account and make it a joint account. The idea is that the child can deposit the parent's income, pay their bills and divide up the account...
Health care directives: vital parts of estate planning
Estate planning is sometimes a difficult topic to think about. It makes us not only take an inventory of the fruits of our life's labors, but to also consider our own mortality. In conjunction with the asset protection and inheritance aspects of testamentary planning,...