– Legal Insights –
If you are expecting an inheritance, an estate planning tool known as a trust may prove useful, depending on your circumstances. Among the numerous types of trusts aimed at fulfilling different estate planning purposes, an inheritor’s trust is specially designed to help protect an inheritance. Purpose of an Inheritor’s Trust...
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In what area of law do you practice and why did you choose this? I practice primarily in the areas of construction law, business disputes, and property disputes. What did you want to be when you grew up? I wanted to be a game warden when I was young. When...
Protecting assets from liabilities and risks is a common concern for most of my clients. Lately, I have been having a number of conversations with people regarding how to protect assets. The risks causing concern often include lawsuits, divorce, bankruptcy and casualty losses. For each of these risks, there are...
Association boards are often looking to cut costs and save money wherever they can. In doing so, they often look to avoid spending money on legal fees and costs by trying to handle things on their own. As the saying goes, “he who represents himself has a fool for a...
2023 Seminar Topics Include: Common Disputes & Legal Issues Arising in Construction Projects – Blake Nelson & Kurt Mitchell Insurance & Claims 101 – J. Robert Keena Tax & Accounting Update – Randy Feld Construction Contracts & Subcontracts – Chris Jones Minnesota Energy Building Code Updates – Eric Boyd/Chad Lidtke...
Do not let constant political and financial speculation prevent you from making tax-free annual exclusion, medical-payment, and educational gifts to or for the benefit of your loved ones. Make Annual Exclusion Gifts Annual exclusion gifts are transfers of money or property in an amount or value that does not exceed...
If you are reading this, it is probably because you or your personal care service provider agency (PCA agency) received a Notice of Overpayment,[1] possibly with a Stipulated Provider Agreement,[2] like the one below: Receiving this overpayment notice will bring two questions immediately to mind: What does this mean? What...
In what area of law do you practice and why did you choose this? Litigation. I chose it because I can’t imagine doing anything else as an attorney. What did you want to be when you grew up? An archaeologist or a musician. Tell us about a mentor who made...
The notion that your estate plan contains a defect would not normally be welcomed as good news. But despite the moniker, an intentionally defective grantor trust (IDGT) can be an advantageous tool for minimizing estate taxes and maximizing the money and property that are passed on to a spouse, descendants,...
In what area of law do you practice and why did you choose this? I practice complex civil litigation, focusing on consumer protection and antitrust. These areas allow me to help people, which I love to do. What did you want to be when you grew up? A dolphin trainer....
Ever wonder what you have in common with Jeff Bezos, Bill Gates, or Oprah Winfrey? You all need to do estate planning! One reason I often hear as to why a person does not have an estate plan is that they think estate plans are only for the affluent. While...