“But dad, I’m going to be late for school!” Such was the cry of my 18 year old daughter on her 3rd day of community college PSEO classes. We were in downtown Anoka conducting some bank business, ironically for the purpose of getting her a car, when poof!, gone was my vehicle and I’m stranded [..]
About a year ago I left the practice of “family law” to focus my law practice strictly on estate planning and probate. I teamed up with WealthCounsel and ElderCounsel, two national, topshelf, estate planning and elder law planning support services companies, to provide my clients with quality, comprehensive and up-to- date services. In preparation for [..]
On May 22, 2016 the Governor signed into law the following provisions (which take effect August 1, 2016) which will put more money into the pocket of heirs: For 2nd marriage spouses, this will interest you. In cases where there is no Will or estate plan, you can now take $225,000 off the top of [..]
If you have ever consulted with your financial advisor or estate planning attorney you have probably heard the phrase “Will Package”. A Will Package typically refers to a Will, Healthcare Directive and a Power of Attorney offered at a discount if purchased at one time. Some attorneys have recently added a fourth document to the “package” called a [..]
In Minnesota, we love our boats. With 15,000 lakes to choose from it’s no wonder that in 2014 Minnesota ranked # 2 in boat registrations in the country (and no, Alaska isn’t 1st—it’s actually Florida). Minnesota has 809,000 boats registered! The boats come in all forms—ski boats, power boats, cabin cruisers, yachts, sailboats, pontoons and, [..]
Starting June 1, 2016, Field Law, P.A. will be conducting business via a virtual office. In the past year Field Law, P.A. has established client meeting locations in Roseville, Maple Grove and Cambridge, in addition to having a home office in Anoka. With mandatory state required efiling now occurring throughout the state and with my [..]
In 2011, Huguette Clark, wife of the late Senator Andrew Williams Clark, a copper magnate, died at the amazing age of 104. Huguette had three apartments on New York’s Fifth Avenue, a mansion in Connecticut and a home in California. And for the last 20 years of her life she lived in none of them. [..]
As most of us know Princess Di died in a car crash in 1997. The world was stunned that someone of such youth and high profile would die in such a common fashion (in 2013 there were over 32,700 deaths in the U.S in and 1,713 deaths in the U.K.). This should serve as a [..]
It wasn’t too long ago that one could easily say the largest asset in one’s estate was their home. However, with the significant downturn in the markets seven years ago many lost significant equity in their home to the point of even seeing their home go ‘upside down’, a phrase used to indicate owing more [..]