Minnesota Estate Planning Resources
We like to make sure our clients are fully educated about their options. You need to understand the basics of how Minnesota estate planning and business services work. We've compiled links to reliable and informative websites for you to browse and find the answers you are looking for.
AARP: Estate Planning
The American Association of Retired Persons is the largest U.S. advocacy group for the rights of seniors. This collection of helpful articles covers various aspects of estate planning. AARP emphasizes that an early focus on estate planning can be essential for comfort and security during your retirement years.
- Forbes Magazine: Is Do-It-Yourself Estate Planning a Valid Option
Minnesota Statutes: Temporary or Standby Guardians
Here is the text of Minnesota laws regulating how you designate a temporary or standby guardian for your children in the event of your untimely passing.
The Office of Minnesota Attorney General: Probate and Planning
The Attorney General's website provides answers to a variety of questions about wills, probate, living trusts, conservatorship and guardianship, power of attorney, health care directives, and planning a funeral.
- Estate Planning Mistakes of the Rich and Famous
Protecting Your Pets
Pet Trust Bill Introduced in Minnesota
State Rep. Matt Dean (R-Dellwood) and Sen. Scott Dibble (DFL-Minneapolis) have recently introduced legislation that would help facilitate pet trusts in Minnesota. Currently, 47 states allow pet trusts. Chuck was interviewed by CityPages for this article.
Minnesota is 1 of only 4 States Without Statutory Pet Trust Laws
Most states have laws that allow pet owners to provide for their pets after the owner's death by including a pet trust provision in the will. Minnesota is one of only four states that does not have a Statutory Pet Trust law, according to the American Society for the Prevention of Cruelty to Animals.
In Minnesota, it is recommended that pet owners provide for their pets outside of the will, for example with a stand-alone pet trust.
U.S. Internal Revenue Service: Business Structures
The IRS lists the most popular business entities and the legal and tax considerations when choosing one for your new enterprise.
Minnesota Secretary of State: Starting a Business or Nonprofit
The Office of the Minnesota Secretary of State provides helpful steps for people looking to start a business in Minnesota. The focus here is on state laws that make business creation and operation easy.
Minnesota Department of Employment and Economic Development: Small Business Assistance Office
The Minnesota Department of Employment and Economic Development offers assistance to individuals who owns a small business or are thinking of starting one. They provide information and consulting services to help reduce your expenses.
- CNN: Small Business