FMJ Shareholder David Ness Debunks Estate Planning Myths

October 2013

Estate planning…it’s one of those things that people tend to put off. The reasons for this vary, but tend to be based on various estate planning myths and misconceptions. David Ness, the head of Fafinski Mark & Johnson’s Trusts & Estates group, has been busy discussing and debunking common estate planning myths and misconceptions with the help… Read more >

Minnesota Estate and Gift Tax Law Changes

June 2013

On May 23, 2013, Governor Dayton signed the Omnibus Tax Bill that includes significant changes to the Minnesota estate and gift tax laws. The following are some key provisions of the law: 1. Imposition of New Gift Tax. Under the new law, which is effective for gifts made on or after July 1, 2013, gifts… Read more >

Senior Perspective: Untangling the Cabin Succession Mess

May 2013

Developing a cabin succession plan requires forethought and long-range planning. In FMJ Trusts & Estates attorney David Ness’ latest Senior Perspective article, he outlines common forms of ownership used for purposes of cabin succession, such as direct transfer of ownership, cabin trusts, and business entities. “We often plan for important events such as the birth of… Read more >

Senior Perspective: So What’s the Problem with Probate?

May 2013

Many people believe that having a last will and testament avoids probate. This, however, is a common misconception. In FMJ Trusts & Estates attorney David Ness’ Senior Perspective article, he discusses how one can avoid the probate process. “For some people, there is no problem with the administration of an estate in probate court. For others,… Read more >

Twin Cities Business: Estate Planning Professionals On “Having The Talk”

August 2012

FMJ Trusts & Estates attorney David Ness contributed to a Twin Cities Business Magazine article entitled “Having the Talk,” in which he emphasizes the importance of discussing your estate plan with your heirs. This is an uncomfortable conversation for many people, but David explains why it is critical and gives tips for making the discussion easier. Read the article… Read more >