Trusts & Estates Blog
May 2023
Trusts & Estates Attorney Holly Hankins Joins FMJ!
We are pleased to announce the arrival of Holly Hankins at FMJ! Holly is an Associate Attorney in our Trusts & Estates practice group.... Read more
March 2023
When to Revisit Your Estate Plan – Things to Consider Every Year
There are a number of life events that trigger a need to revisit or update an estate plan. The following is a checklist of... Read more
December 2022
Preview of 2023 Estate Tax Exemptions and What to do Now
2022 is drawing to a close, and the end of the year will be here before we know it. There are some estate tax... Read more
November 2022
Minnesota Residency Considerations
Over the past few years, FMJ’s Trusts & Estates Team has seen a growing number of snowbirds looking into what it takes to shift... Read more
June 2022
Succession Planning: Business Edition
What are some of the most difficult situations both our estate planning and corporate attorneys have witnessed? Planning the succession of governance and ownership... Read more
May 2022
Estate Planning for Cabin Owners: Why Cabin Owners Need to Have a Plan
It’s almost time when Minnesotans head north for the summer and cabin season is officially upon us. Since the pandemic in 2020, even more... Read more
December 2021
Estate Tax Exemptions 2022
Following our September posting of a preview of the 2022 estate tax exemptions, the IRS recently released the inflation-adjusted amounts that will apply in... Read more
September 2021
Preview of 2022 Estate Tax Exemptions and What to Do Now
The end of the year will be here before we know it and there could be some large estate tax law changes on the... Read more
August 2021
A College Student’s Back-to-School Checklist
After a year like 2020, many college students are eager to head off or return to college for a new and exciting year. Their... Read more
May 2021
It’s That Time of Year Again: Cabin Planning 101
Memorial Day will soon be upon us and will mark Minnesota’s “unofficial” start to summer as many head to their cabins and lake homes.... Read more
February 2021
Is Being an Executor an Honor or a Liability?
Earlier this week, the Star Tribune’s Business section featured an article titled “Have you been asked to be an executor? You might want to... Read more
February 2021
Estate Tax Exemptions 2021
Below is a summary of the federal estate tax, gift tax, and Minnesota estate tax exemptions amounts for 2021, including a recent update that... Read more
November 2020
What the Election Results Mean for Your Taxes
It appears the Democrats will be taking control of the Executive Branch on January 20, 2021. This does not automatically mean your taxes will... Read more
October 2020
Election 2020: How the Election Could Impact Your Estate Plan
As a result of the Tax Cuts and Job Acts of 2017 (TCJA), the federal gift and estate tax exemption doubled from 2017 to... Read more
August 2020
Attention New Cabin Owners! Planning is Not One-Size-Fits-All
Lake homes and cabins are hot commodities while many continue to work remotely and a complete return to the office is nowhere in sight.... Read more