Estate planning can be daunting. However, understanding a few fundamentals can push you in the right direction. The following are the basics of an estate plan:
Fundamentals of Estate Planning
Revoking a Will
For various reasons, sometimes a person just wants to revoke a Will. Maybe your son just won the lottery and doesn't need the money, or maybe you are no longer comfortable with your friend taking care of your kids. How do you go about revoking that last Will?
Updating a Will
You may have heard that there is a chance that the volcano lying underneath Yellowstone National Park may erupt in the near future and cover this area in ash. Then again, it might also not do so for another 1000 years. What does this mean for you? Well, for starters, it wouldn't hurt to have your estate plan up-to-date.
Tom Jacobson and Mike Cass Selected to Super Lawyers Lists
Tom Jacobson has been selected to the 2018 Minnesota Employment and Labor Super Lawyers list. Each year, no more than five percent of the lawyers in the state are selected by the Super Lawyers' research team to receive this honor. This is the third time Jacobson has made this list. Certified by the Minnesota State Bar Association as a Labor and Employment Law Specialist, Jacobson is a shareholder at Swenson Lervick.
I need a trust...don't I?
When developing an estate plan, I often hear clients say, "I need a trust because I want to avoid that probate thing."
