North Saint Paul Estate Planning Lawyer
Estate planning is for everyone. It provides guidance and peace of mind, leaving instructions for family members when they need them most. North Saint Paul estate planning addresses assets, property distribution, trust creation, long-term care planning, advance directives – like a medical or legal power or attorney – and much more.
At Mortel Law, PLLC, we are dedicated to our clients and to this community. Our attorneys have more than 20 years of experience with Minnesota estate planning and can help our clients carefully consider all of their legal options. Call today to set up an initial consultation with a North Saint Paul estate planning lawyer.
Key Elements Of Planning For Minnesota Estates
When addressing Minnesota estates, there are a few different elements to keep in mind, including:
- Writing a will, which keeps you from passing away intestate
- Setting up a financial or legal power of attorney
- Establishing a medical power of attorney or advance directives for future medical decisions
- Creating trusts to hold assets for beneficiaries
- Transferring gifts to local charities
- Addressing state taxes
The options you choose for North Saint Paul estate planning depend on your estate and your family. Our team is here to help you decide.
Using Wills And Trusts In North Saint Paul
By utilizing wills and trusts in North Saint Paul, you can have more control over your estate.
For instance, a special needs trust can hold assets for a disabled beneficiary, enabling them to qualify for government benefits while providing additional resources. A trust could be used to hold assets for minor beneficiaries, and this is often done by setting up a guardianship for minor children. This gives parents peace of mind, knowing that their selected guardian will step into a parental role if they pass away unexpectedly.
Other examples of trusts include incentive trusts, spendthrift trusts and charitable trusts.
Contact Our Minnesota Estate Planning Attorneys
If you are a North St. Paul resident and you want to learn more about your estate planning options under Minnesota law, call us at 651-968-0815 or contact our office to set up your initial consultation.
