Estate Planning

An estate plan is a plan that is put in place to protect your interests and the interests of your loved ones in the event of your death or a debilitating illness. If no estate is present, then a basic will should be put in place so that family members are not faced with decisions they never want to have to make. Having at least a will means that the state of Minnesota will not have to determine who receives your property.

At Johnson, Larson, Peterson, & Halvorson, we take your individualized plans and place them in writing so that you are taken care of in the case that you are disabled and your family is taken care of in the event of your death. This helps avoid any unnecessary disputes amongst family members or delays in the division or sale of your estate.

Wright County Estate Planning Attorney

Estate planning is not only for the rich or senior citizens. Our clients are individuals of all ages and levels of wealth. Because life can end at any time, it is important to be prepared. This is especially true if you are getting married, having a child, getting divorced, buying a new home, or you have finally reached the point of retirement. Even if you already have an estate plan in place, your assets change over time and that means you need to keep your plan updated. Even small business owners benefit because they are able to ensure business succession.

There are certain services that we provide when planning your estate:

• A simple will to declare your power of attorney, your heirs, your healthcare directives, and business or financial matters. You can also leave instructions for medical care and end-of-life issues.
• Assets can be placed into a trust so that the expense and time involved with probate is avoided, so that taxes are minimized, and so that any charities you want to provide funds to can be funded. You can also use a trust to provide for a special needs child. Your trust can help you with your legacy.

The process begins with a set of gentle questions. These questions include who you wish to inherit what, who you would want to be the guardians to your minor children, who would be handling your affairs if you were to become incapacitated, and if you would like for heroic life support measures to be taken if need be. All questions will address areas that could cause disputes amongst your family members if they are left with not knowing what to do.

Estate Administration And Probate

If you are the executor of an estate, we can help you settle that estate. We can also offer legal advice as you carry out your duties as executor or we can take the burdens from you and settle on your behalf.

If you are someone disputing the validity of a deceased loved one’s will, we are skilled in the negotiation of settlements dealing with such issues. As our client, it is your best interest that we are concerned about and will fight for, even if the case must be heard in court.

Buffalo Estate Planning Lawyers

If you have not yet set up your estate or created a will, doing so as soon as possible will ensure that your family is taken care of in the event of your death or a debilitating condition. Our attorneys will assist you in planning the division of your assets and the creation of your will based upon that plan. Simply call us at 763-682-4550 or toll free at 866-682-4550 to get started.