We have compiled a variety of questions that we regularly get from estate planning, edler law, special needs planning, and asset protection clients in the Sarasota County, Florida and Minnetonka, Minnesota. Our answers are included with each question and we hope that you find value in the information we have provided.
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What is the Difference Between Providing for Your Pet through a Will or a Standalone Trust?
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If I don’t do an estate plan, won’t my assets just transfer to my spouse and children anyway?
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I have a will. Should I do a trust?
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Can’t I just put my children’s names on our home, bank accounts and other assets?
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Is there any way to avoid or reduce estate taxes, the “death tax”?
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What is a Special Needs Trust?
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What will happen to my special needs child when I am gone?
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What estate planning options are available if I have minor children?
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What are S Corporations and How Do They Work?
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Learn About C Corporations As a Business Entity in MN
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Do I need a will?
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What if I die without a will?
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What is a living will?
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I have a will. That means my family avoids probate upon my passing right?
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I heard that every time you take something out of your trust, or buy anything, you have to go back to an attorney to have them change the trust. Is that true?
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I have heard that if I have a trust, I will lose control of my assets. Is that true?
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What if I want to change the trust, can I do this?
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My wife and I own everything jointly. If I die first, my spouse will get everything without probate. If my spouse dies first, I get everything without probate. So why do we need an estate plan to avoid probate, it looks like we will avoid it right?
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What is the difference between LLP and LLC?
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What is probate and how does it work?