Ahh, an Irrevocable Trust? What is it anyway? As I discussed in a previous post, there are many types of trusts. We covered Irrevocable Trusts a bit, but I thought I would do more of a deep dive into them today. First, let’s define a few terms to make things a bit less confusing. Learn …
As an avid gamer, internet-savvy millennial, and self-proclaimed tech-nerd, a thought occurred to me: What will happen to all my digital assets if I die? I didn’t get my paladin to level 120 with a complete set of epic heroic raid gear just to let it all go to waste if I ever kick the …
Introduction to Probate in Minnesota Probate. We hear about it often, financial planners talk about it, bankers blather about it, and lawyers uh, lawyer about it. In the end, it’s kind of a murky subject that most people don’t know much about. But like a will or trust, it’s something that you may have to …
You sometimes hear people talk about trusts or trust funds or see rich people in movies talking about their trusts and trust funds. Most people have heard of a trust but don’t know much about them off the top of their heads. It certainly sounds like something wealthy people have and talk about all the …
Put simply, a will is a legal document that ensures your money, property, and personal belongings will be distributed how you want after your death. As far as needing one, well, that depends on the type of person you are, I suppose. While the law does not technically require that you have a will, it …
What is a Will Anyway? And Why the Heck Do I Need One? Read More »
