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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

Tag: Beneficiary

Beneficiary designations and succession plannings is as or more important than other estate planning documents.  Issues range from naming, the division of property, and delegating rights.

Beneficiary

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

Estate Changes

Change an Estate Plan: A List of Good Reasons

Posted onOctober 14, 2019November 3, 2019

Change to an estate in Minnesota is supported when the Settlor is of sound mind. Here are a few reasons why people are making changes to their estates in MN [Read More]

CategoriesEstate PlanningTagsBeneficiary, Codicil, Divorce, Ex-Spouse, Revocation, Revoke

Your Half Sibling Might Inherit More Than You Bargained For

Posted onJune 13, 2018April 10, 2020

A Half sibling in Minnesota can inherit just as much as your full or whole blooded sibling.  Surprising, right?  For some, yes.  For others, like [Read More]

CategoriesEstate Administration, Estate PlanningTagsBeneficiary, Intestate

10 Really Complicated Informal Probate Steps

Posted onJanuary 18, 2018April 10, 2020

There are ten (10) informal probate steps in Minnesota.  Some folks need help from an estate attorney, while others do not. Nonetheless, lets quickly address [Read More]

CategoriesEstate AdministrationTagsBeneficiary, Informal Probate, Personal Representative, Probate, Supervised, Unsupervised

I Have No Will Because I Can’t Make Up My Mind

Posted onNovember 3, 2017April 10, 2020Leave a comment

Dying  with no will makes sense for some, but does it really?  Recently, I met with a person who didn’t want a will because they [Read More]

CategoriesEstate Planning, Wills & Power of AttorneyTagsBeneficiary, Wills in Minnesota

IRA Rollover

IRA Rollover Into a Trust Can Be a Huge Mistake

Posted onJuly 20, 2017April 10, 2020

The rules for an IRA rollover change on an annual basis.  Because an IRA cannot be owned by a trust outright, this post is about [Read More]

CategoriesEstate Planning, Trusts and Succession PlanningTagsBeneficiary, Contingent Beneficiary, IRA, Revocable Trusts

Ex Spouse Inherit

Can my Ex Spouse Really Inherit my Stuff?

Posted onJune 14, 2017April 10, 2020

Can an ex spouse inherit property from their former spouse after a divorce?  In Minnesota, absolutely yes. Although there are laws like the Ex Souse [Read More]

CategoriesEstate Planning, Trusts and Succession PlanningTagsBeneficiary, Divorce, Ex-Spouse

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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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