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IAJ LAW, LLC

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Nuclear War Estate Planning

Skipping GST Tax or Working Around It?

Thrift Savings Plans and TSP Beneficiary Forms

VA Look Back Rule Impacts Benefits

When Tips & Unemployment Go Bad

Unemployed and Homeless

Category: Trusts and Succession Planning

Trusts should always take a holistic view of a client’s unique circumstances. This law office helps Clients to establish trusts tailored to their particular needs and wishes, taking into any account business requirements, family specifics, and relevant risk factors.

Trusts and Succession Planning

Generation Skipping Tax

Skipping GST Tax or Working Around It?

Posted onFebruary 17, 2022February 17, 2022

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 [Read More]

CategoriesElder Law, Estate Planning, News and Articles, Trusts and Succession PlanningTagsDeath Taxes, Estate Taxes

Thrift Savings Plan

Thrift Savings Plans and TSP Beneficiary Forms

Posted onFebruary 15, 2022February 16, 2022

Thrift Savings Plans and their accompanying beneficiary forms can cause unintended pitfalls for our military and civil service families [Read More]

CategoriesNews and Articles, Trusts and Succession Planning, Veterans BenefitsTagsBeneficiary

5 Types of an Eligible Designated Beneficiary

EDB or Eligible Designated Beneficiary

Posted onJuly 18, 2021July 18, 2021

There are 5 categories of an EDB or Eligible Designated Beneficiary. As described in Section 401(a)(9)(E)(ii) of the code, an EDB is: The Surviving Spouse [Read More]

CategoriesEstate Planning, Trusts and Succession PlanningTagsBeneficiary, SECURE ACT

Separate Trusts for Retirement Benefits Sometimes Stink

Posted onApril 26, 2020January 2, 2021

Separate trusts for retirement benefits is a common question amongst families wishing to transfer an IRA or 401(k) onto children or grandchildren. Often the [Read More]

CategoriesTrusts and Succession PlanningTagsRetirement, Trust Funding

Registered Agents for a Business in Minnesota

Posted onApril 18, 2020April 18, 2020

Registered Agents and trustees serve a business in different capacities. An agent’s job is to be available for service of process while trustees [Read More]

CategoriesBusiness Law in Minnesota, Estate Planning, Trusts and Succession PlanningTagsBusiness Creation, Trustee

Trust Types and Trust Goals Are Not The Same

Posted onApril 10, 2020April 10, 2020

Trust types are as endless as paint colors. You never know until it dries. For this reason, starting with a trust goal is more significant because [Read More]

CategoriesEstate Planning, Trusts and Succession PlanningTagsRevocable Trusts, Trust Types

Living Trust

Living Trust: My 1⃣ Sentence Definition

Posted onJanuary 19, 2020April 10, 2020

A living trust in Minnesota is as simple as creating a piece of paper that outlines transfer rules and beneficiaries. The trustee of a living trust has the [Read More]

CategoriesEstate Planning, Trusts and Succession PlanningTagsLiving Trust, Revocable Trusts

4 Big Risks Before Transfering a House Into a Trust

Posted onDecember 11, 2019April 11, 2020

Transfering a house into a revocable trust in Minnesota calls for a review of 4 or 5 big issues. This includes deed review, mortgage documents and [Read More]

CategoriesTrusts and Succession PlanningTagsFamily Home, Revocable Trusts, Trust Funding

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IAJ LAW, LLC

Phone: 952-222-9462

PO Box 24227
Edina, MN 55424

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IAJ LAW, LLC

Phone: 952-222-9462

PO Box 24227
Edina, MN 55424

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