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Peterson Law Office Estate Planning
Non-Traditional Families Are The New Tradition
Times Have Changed Remember the TV sitcoms from the 1950s and '60s that are now being rerun on late night TV? The TV shows "Ozzie and Harriet" or "Leave it to Beaver" both told stories of families consisting of a husband and wife and their two children. These programs...
Joint Account To Pay For Moms Care
Daughter Is Put On Elderly Mom's Bank Account Putting a sibling's name on Mom's bank account can be a very bad idea. The solution seemed simple, as Mom was in poor physical and mental health. Daughter Amy was put on as a joint owner on Mom's $300,000 account. Amy's...
Is My Brother Misusing Money Belonging To Our Elderly Grandmother
Brother Takes Care Of Grandmother's Finances Mary lives in Saint Paul with her grandmother Marjorie, whom she has taken care of for the past four years. Her brother, Richard, offered to take care of Marjorie's finances so the grandmother signed a power of attorney for...
Estate Planning For Minnesota Vacation Homes
Dad Is Not Taking His Meds
Caring For Our Elderly Parents Taking care of an elderly parent or grandparent is something that many of us deal with on a frequent basis. As Americans live longer, this is becoming more and more common. Dealing with our parent's care can be very emotional and...
Checklist of Estate Planning Considerations
Here is an overview of decisions you should make about your Will, Trust, Health Care Directive ("Living Will"), Power of Attorney and your choice of personal representative (also known as executor) for your estate planning.
Lessons from Celebrity Mistakes: Mickey Rooney
Mickey Rooney, Millionaire Entertainer Who Died Poor Hello, I'm Bill Peterson Minnesota Estate Planning Attorney Mickey Rooney earned millions as the highest paid entertainer in the 1930's and 1940's. But he died virtually broke on April 6, 2014 His career spanned...
Will The Creditors Of Our Loved One Take My Inheritance?
Dealing With The Challenge Of Creditors When a Loved One passes away, members of the family typically have a lot going through their minds. During this time, it is easy to forget about wrapping up the affairs of the Loved One or the family can be overwhelmed by the...