Today, an increasing number of couples are choosing to remain unmarried or delay marriage for a variety of reasons. While estate planning is important for everyone over 18 years of age, it is particularly important for unmarried couples because they do not have the same protections that spouses do under Minnesota law. Without an estate… Read more »
Posts Tagged Will
Prince Didn’t Have a Will. Do You?
Many people were surprised to find out that Prince did not have a will given the fortunes he amassed, but he is in good company. The American Bar Association estimates that 55% of all Americans do not have a will or estate plan in place. This likely boils down to procrastination. Nobody likes to confront… Read more »
Will v. Living Trust: Choosing the Best Option for You
Wills and Living Trusts are basic components of an estate plan. But what is the difference between the two and which is right for you? The Basics of Estate Planning Before discussing the differences between a Will and a Living Trust, it is important to understand the definition of estate planning. Estate planning is the… Read more »