Minnesota Wills, Estates and Probate Lawyers
Who will take care of your minor children at the time of your passing? Who would you authorize to handle your finances if you become unable to make those decisions? Can you trust your family to honor your preferences if you ever become injured or incapacitated?
These are the questions the attorneys at Bassford & Hanvik, P.A. can help you answer.
Developing an estate plan gives your family the peace of mind that comes with knowing that they have honored your last wishes in the event of death or incapacity. The legal instruments used to create an estate plan can help you preserve a legacy of wealth for your heirs while ensuring that your family acknowledges your medical preferences when you are unable to voice those preferences yourself. Our attorneys can advise you on any of the following legal topics:
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In estate planning, timing is everything
The choices you make while developing an estate plan can profoundly affect your family’s future. A legal and valid will ensures that your last wishes are clearly articulated so that your family can carry them out. Our goal is to help you protect your assets and preserve your property for your beneficiaries, rather than have them taken by creditors or the government through estate taxes. With high-net-worth estates, our attorneys can work as a team with your financial advisers to deal with issues of tax planning and transfer-on-death.
Probate and the administration of an estate plan
Probate and estate administration can be complicated by matters of creditor repayment and tax liability. Whether you are the administrator or executor of the estate or a beneficiary named in the will, you need an attorney to advise you about the risks and consequences of accepting certain rights or responsibilities based on the will. Our attorneys can provide you with the advice and representation you need to make decisions that are in your best interests.
