Review Us
Peterson Law Office, LLC
Need Help With An Estate Plan? You've Come To The Right Place.
952-641-7312 Calls Answered 24 hours a day, 7 days a week
Areas & Topics

Posts tagged "deceased spouse"

Estate Planning By The Book-Jack and the Beanstalk

A Story With An Estate Planning Twist

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 Jack and the Beanstalk.c

6 Ways Health Care Directives Fail

A Crucial Part Of An Estate Plan

One of the most important pieces of a person's estate plan is the Health Care Directive. Simply put, the Health Care Directive (or HCD for short), spells out how a person wants to be cared for when they become disabled. I say when they become disabled, because people are six times more likely to become disabled than die in a given year. We will all be disabled at one point; it could be the last 20 minutes of our life or the last 20 years.

Mom Is Getting Married Again-Will I Lose My Inheritance?

A Minnesota Family Is Thinking About Mom

Today I'd like to tell you a story about a Minnesota family that is concerned about their mother. Three adult children, whom I'll call Judy, Jerry, and Jackie all live in the south metro area of the Twin Cities. Their Dad died a few years ago and their Mom has struggled with the loneliness from his passing. Over the past two years, Mom has been seeing a nice fellow at the senior citizens center where she lives. Recently Mom shocked her children when she announced that she and the new fellow, Hubert, plan to marry.

Estate Planning To Avoid Lateral Transfer Of Wealth In Blended Families

What Happens After You Pass Away?

When you die and if your spouse remarries, will your spouse's new husband or wife and the stepchildren inherit your children's share of the family inheritance? This may be difficult for some people to think about, but it is something that married couples may want to consider. This is especially true in an era where some people are living much longer lives.

Contact

Peterson Law Office, LLC
3601 Minnesota Dr
Suite 835
Bloomington, Minnesota 55435

Map & Directions