Trust Backup Planning
Backup planning for a trust or estate plan starts with addressing bad day scenarios. Selecting an alternate trustee is not good enough when
IAJ LAW, LLC
Serving Estates, Workers, and Veterans
- Phone: 952-222-9462
IAJ LAW, LLC
Serving Estates, Workers, and Veterans
Category Elder Law
Elder law is a client centered process of helping a person needing help with health care, living arrangements, and the onset of medical conditions. The nature and unpredictable nature of our own life and health makes this a rewarding element of service.
Free Annual Report For Each Family Member
A free annual report is a critical step in the estate planning process. This should be completed for all persons, both young and mature.
Skipping GST Tax or Working Around It?
The GST Tax is somewhat defined under Chapter 13 of our tax code. The name of the game is finding ways to reduce estate taxes that
VA Look Back Rule Impacts Benefits
The VA Look Back Rule is a 36 month period outlined under 38 CFR 3.276. Unfortunately, this rule can negatively impact Veterans benefits for
A Shorter Life Expectancy for the Young?
The life expectancy for older generations appear to be changing when compared to younger generations. Using mortality tables from the Internal Revenue Code, there is
Can A Veteran’s Spouse Live At My VA Nursing Home Too?
A Veteran’s spouse is one of the most important people to have by their side. This is especially true when a veteran enters a nursing home. When the price is right, a veteran seeking a new residence at a…
Using a Power of Attorney To Change A Will While In Hospice Care
While in hospice care, making changes to an estate plan in Minnesota is a very tricky process. Unfortunately, using a power of attorney form to execute a change has the potential of failing and failing miserably. Even worse, our source…
Aid and Attendance Benefits through the VA
Aid and Attendance benefits are fantastically easy to request. The idea behind today’s article is to share how and what to think about when military families are seeking aid and attendance. Thus, I hope you find value in this short…
When Love and Money contradict an Estate Plan
Love is a powerful act. In my law practice, it brings me great joy and inspiration to see families and veterans make estate planing decisions as an act of love. In my line of work, sometimes I see people more afraid…
The Average Veterans Home Cost in Minnesota
Veterans home cost is a 5 step math problem. If you are afraid of math, do not despair. The goal is to keep this element of the estate plan simple. In Minnesota, the cost for a veteran to live within a…