by Chrystal | Nov 30, 2020 | All Law, Elder, Estate Planning
What Is a Power of Attorney in Minnesota? Join Our Newsletter A power of attorney is a document authorizing someone to act on your behalf. You determine how much power the person will have over your affairs. The person who authorizes someone else to act on his or her...
by Chrystal | Nov 30, 2020 | All Law, Elder, Estate Planning
How Do I Create a Power of Attorney? Join Our Newsletter An attorney is not legally required to prepare a power of attorney. However, you should know that powers of attorney are required to be: In writing; Signed by you in front of a notary public; Dated...
by Chrystal | Nov 30, 2020 | All Law, Elder
Medicaid Planning and Trusts: Family Discretionary Trusts Join Our Newsletter Prior to the enactment of Minnesota’s “trust busting” statute (Minnesota Statutes section 501B.895, the predecessor to Minnesota Statutes section 501C.1206), the second type of trust...
by Chrystal | Nov 30, 2020 | Elder
Medicaid Planning and Trusts: Income Only Trusts Join Our Newsletter Prior to the enactment of Minnesota’s “trust busting” statute (Minnesota Statutes section 501B.895), two types of trusts which were commonly used in Medicaid planning. The first type of trust...
by Chrystal | Oct 30, 2020 | All Law, Elder
Medicaid Planning in Minnesota (Part Two): Trusts Join Our Newsletter Prior to the enactment of Minnesota’s “trust-busting statute” (Minnesota Statutes section 501B.895), several different trusts were commonly used for Medicaid planning. Revocable trusts—which by...
by Chrystal | Oct 26, 2020 | All Law, Elder
Medicaid Planning in Minnesota Join Our Newsletter A comprehensive estate plan can do more than simply take care of issues which arise when we die. A good plan can also help you prepare for things that may happen while you are alive. Your plan can help you determine...
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