The Importance Of Estate Planning
Sound estate planning today can eliminate worry and prepare you and your family members for an uncertain future.
With a will in place, you can decide how your wealth and assets will be distributed after death. Without a will, your estate will be distributed in accordance with Minnesota intestate succession laws. It is unlikely that the state’s plan is a true reflection of your wishes.
By establishing trusts, you can set aside assets and protect them from certain taxes, lawsuits, and other liabilities, and keep your financial affairs private by avoiding probate.
Financial powers of attorney allow you to name a trusted individual(s) to make critical decisions about your finances in the event you are unable, or do not wish, to do so.
Health care directives, sometimes referred to as living wills, allow you to decide what kinds of medical treatment you wish to receive in the event you are unable to communicate your wishes. They also allow you to name a health care agent who can make health care decisions for you in the event you are unable to do so.
Our firm provides the following estate planning services:
- Revocable trusts
- Disclaimer trusts
- Health care directive
- Powers of attorney
- Real estate transfers
At Krueger & Juelich PLLC, we can provide you with experienced guidance in a broad range of estate planning matters. We serve the legal needs of clients in Minnetonka, Plymouth, Wayzata and throughout the Twin Cities.
When Estate Planning And Family Law Intersect
Because of our strong focus on family law and estate planning, we are able to serve clients with multiple and overlapping legal needs.
There are many circumstances in which family law and estate planning intersect. Once a divorce is finalized, it is important for parties to update their estate plan to ensure that the former spouse does not benefit financially and to comply with any terms in the divorce decree. We can help you with these critical legal steps.