A family with a son or daughter that is dealing with autism, Down syndrome, Asperger Syndrome, or other special needs faces an enormous challenge for the care and support of the child. Proper care can be both expensive and time consuming. So what happens to the child, when you, the parent, passes away or becomes incapacitated?
Do you remember back when you were a child and Mom or Dad would read you a bedtime story? As you were tucked into bed, all sorts of characters and creatures would float through your imagination. Often, these stories held an important lesson or message for kids. However, there are lessons for adults in these stories as well. In today's episode of "Estate Planning by the Book", we will examine the story of Cinderella.
Did you know that thousands of Minnesotans have Trusts that are ticking time bombs for their families?
Many of us have elderly parents and grandparents who we care for. While it may be sending packages or phone calls from across the USA, or stopping by every day at lunch to check on them, we value our elderly mothers and grandmothers. It's no surprise that when we discover that our mother is not taking her medication, we can feel upset or helpless in this situation.
When a person is informed by their medical professional that he or she is going to die soon, one of the major issues that he or she has to face is how to handle their bank accounts, retirement plans, real estate, and other assets.
Did you know that about 70% of people never complete their estate plans in their lifetimes? This can work fine for some straight couples because Minnesota estate planning laws presume to leave the inheritance to their spouses, children, parents or siblings. For most gay and lesbian couples, however, this legal standard is often totally opposite of what they want.
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55435
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