Estate Planning: Wills and Trusts

Move it from “To-Do” to “All-Done”

It’s not hard. It’s not painful. And it’s not something you should keep putting off. Take control of your estate, or the state will take control of it for you…and that can’t be good. Avoid the government intrusion, the extended court process and the forever-in-doubt results by simply getting it done.

The attorneys at SchindelSegal are adept at helping you navigate any and all estate decisions. Whether it’s a simple will, a revocable trust, life insurance trust or another type of estate planning, we can help you make it All-Done.

Wills and Trusts

There are a couple different options for a basic estate plan; a simple will and a revocable/living trust. Both allow you to designate beneficiaries for your assets and name people to take over financial responsibility for your estate. From there, these two types of estate plans vary both in function and cost. The attorneys at SchindelSegal walk through the pros and cons of both approaches with so our client can make an informed decision on which direction to go.

Asset Protection

Whether you have children that are 5 years old, 25 years old or grandchildren of any age you can tailor you estate plan to protect these younger beneficiaries from themselves. Talking about how to manage these assets on behalf of young beneficiaries is a major issue that our attorneys cover at the initial consultation with our clients along with who will be appointed to supervise the assets. You have worked hard to build your savings during your lifetime; let us help you ensure those savings are used responsibly.

Healthcare Directive and Powers of Attorney

An estate plan is incomplete if you do not designate someone to manage your legal and healthcare decisions if you are unable to make those decisions for yourself. Failing to make these designations can lead to confusion, conflict and likely court intervention in the case of your incapacity. Let us help you get these decisions made and documented.


RELATED POSTS

SEE ALL POSTS
June 22, 2020

Minneapolis & St. Paul Minimum Wage Rates Increase on July 1, 2020

You probably are familiar with the federal and Minnesota minimum wage rates, but if you are in Minneapolis or St. Paul you also need to comply with the minimum wage rates in each of those

June 22, 2020

UPDATE 06/19/2020: Paycheck Protection Program Flexibility Act of 2020 (PPPFA)

On March 27, 2020, Congress passed “The Coronavirus Air, Relief, and Economic Security Act” (CARES Act), which included the “Paycheck Protection Program” (PPP) for small businesses. The PPP

June 19, 2020

On June 10, 2020, the Minnesota Supreme Court upheld the Minneapolis Sick and Safe Time Ordinance, Confirming That it Can be Applied to Employers Located Outside of Minneapolis

The Minneapolis Sick and Safe Time Ordinance (“SST Ordinance”) applies to employees who work within the geographic boundaries of the city of Minneapolis for at least 80 hours per year (as defined