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A QTIP trust allows one to provide for a spouse after death and guarantee an inheritance for later beneficiaries. “QTIP” […]

The Generation Skipping Tax (“GST”) is a tax made on gifts to grandchildren, great grandchildren, or beyond. This tax came […]

An Irrevocable Life Insurance Trust, or ILIT, is a vehicle to gain various financial advantages. Primarily, the ILIT is used […]

Challenging a will is the process of getting a Court to decide that a will cannot be upheld. One way […]

SLAT stands for Spousal Lifetime Asset Trust. It is an irrevocable trust created by one spouse to benefit the other […]

The Reciprocal Trust Doctrine is an IRS rule that prevents tax payers from gaming the system. Take, for example, the […]

Yesterday the Senate passed SF3357 that, among other things, updated the Minnesota guardianship and conservatorship laws. The bill was sponsored […]

Many people, when they think of their legacy, have charitable intent. They want some or all of their estate to […]

Recent studies show that 60 to 70 percent of people have not done any estate planning. This includes older people, […]

In 2016 Minnesota became the final state to offer estate planning for pets. Previously, there was no mechanism to set […]