On behalf of Peterson Law Office, LLC | May 1, 2018 | Blog, Firm News
When most people think about estate planning, they spend a long time considering how they want to leave their assets. However, if you do not put the same amount of thought into choosing the personal representative who will administer the estate, you may be putting...
On behalf of Peterson Law Office, LLC | Apr 2, 2018 | Blog, Firm News
You may already be aware that the death of a relative can bring out raw emotions in most people. Some may withdraw or prefer to remember their loved ones in solitude. Others might let negative emotions take hold, including anger or entitlement. You and other Minnesota...
On behalf of Peterson Law Office, LLC | Mar 8, 2018 | Blog, Firm News
Death is not always an easy topic to discuss. Though an estate plan can be beneficial to virtually anyone, some parties do not see the full value in it. If you are considering an estate plan, it is important to understand the important aspects of it, such as the...
On behalf of Peterson Law Office, LLC | Jan 29, 2018 | Blog, Firm News
You may feel relieved to know that your adult children will probably not inherit your debts when you die unless they have co-signed on a loan or credit line. However, this is not to say that your debt will not affect them. During probate proceedings, one of the duties...
On behalf of Peterson Law Office, LLC | Dec 27, 2017 | Blog, Estate Planning, Firm News
No one likes to think about having to enter a nursing home. The idea can seem especially unfathomable when you are in good health, no matter your age. However, the odds that you will never have to go into a nursing home are not something you want to gamble with....
On behalf of Peterson Law Office, LLC | Dec 15, 2017 | Blog, Firm News
Planning for your child’s future can be stressful, but that stress further compounds when your child has special needs. The designation of special needs encompasses a broad spectrum of cognitive disabilities and when children near legal adulthood it can be...
On behalf of Peterson Law Office, LLC | Dec 1, 2017 | Blog, Firm News
Understanding the probate process and what assets it involves will be part of the discussion when you meet with an attorney to prepare your will. For example, if you want to know whether your collection of vintage dolls will be subject to probate, the short answer is...
On behalf of Peterson Law Office, LLC | Nov 29, 2017 | Blog, Firm News
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...
On behalf of Peterson Law Office, LLC | Sep 28, 2017 | Blog, Firm News
Estate planning is an arduous task for anyone, celebrities included. As a society, celebrities are held to a much higher standard. They have substantial incomes and lead extravagant lifestyles that most people could only dream of. So it’s only natural to assume...
