Separate Trusts for Retirement Benefits Sometimes Stink
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]
Tag: Trust Funding
Funding a trust requires attention to detail. Funding a trust depends on the goal of your trust. To fund a trust, some assets use a form to fund a trust while other assets require
Trust Funding
4 Big Risks Before Transfering a House Into a Trust
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]
Bank Records for Estate Planning in 3 Easy Steps
Bank records for a “typical” estate plan can be as as simple as gathering statements. But, the bank we use on a daily basis is [Read More]
Easy Transitions are the Main Idea
Easy transitions are the goals for a revocable trust. In other words, what can we do to help our family make quick and easy decisions [Read More]
Does the Due on Sale Clause in a Mortgage Impact your Estate Plan?
Does a due on sale clause within a mortgage in Minnesota impact an estate plan? I believe every person or family wishing to fund a trust or [Read More]
What If Your Trustee Dies?
What if your trustee dies? Between you and me, I would much rather be in the position of worrying about a trustee dying versus your death. [Read More]
Signs You Have A Painful Estate Plan
A painful estate plan is one that makes others cringe and shriek. Very likely, you know what I mean. If you do not, here are [Read More]
3 Steps to Fund Revocable Trust in Minnesota
The term fund revocable trust can be scary for some and annoying for others. Because trust laws changed drastically on January 1, 2016, it is [Read More]