Trusts & Estates Blog

June 2018

Vlog: DIY Estate Plans – Do They Work?

David Ness discusses what can go wrong with DIY online estate plans. Click the video to learn more! Read more

June 2018

Vlog: What Is Probate? Should It Be Avoided?

Karen Schlotthauer, one of FMJ’s Trusts & Estates attorney, explains the probate process and when you may want to avoid it. Click the video... Read more

June 2018

Vlog: What Are The Challenges Facing Business Owners When Passing On The Family Business?

Head of the Trusts & Estates practice group, David Ness, discusses the challenges family business owners face when passing on the family business to... Read more

March 2018

Succession Planning: Cabin Edition

Developing a cabin succession plan requires long-range planning that involves the entire family and a detailed plan should be established to ensure an efficient... Read more

February 2018

February: The Month of Love, Planning, and Prenups

February – the month of love – a time when many couples get engaged and start planning their weddings. Whether you’re already married or... Read more

January 2018

New Year, New You, New…Estate Plan?

January 1st comes around and the whole world is ready to start fresh with new resolutions for how to make the next year their... Read more

December 2017

Business Planning Alert: New LLC Act Goes Into Effect Jan. 1, 2018

For those of you with LLCs, updating your business plan might be in your future. The Minnesota Revised Uniform Limited Liability Act, Chapter 322C, will... Read more

November 2017

Estate Tax Exemptions Update 2018

Below is a summary of the federal estate tax, gift tax, and Minnesota estate tax exemption amounts for 2018. Please contact FMJ’s Trusts &... Read more

October 2017

National Estate Planning Awareness Week 2017

Next week is National Estate Planning Awareness Week, and in anticipation of one of our favorite weeks of the year, our Trusts & Estates... Read more

September 2017

Update: Minnesota Estate Tax Exemption

As of the date of this article, the Minnesota estate tax exemption amount is currently $2.1 million per person. For those of you who don’t know,... Read more

September 2017

Are Prenuptial Agreements the New Selfie?

According to a recent study, the millennial generation cares about more than just social media; they care about prenuptial agreements too. The American Academy... Read more

August 2017

Estate Planning for College Students

As college students pack their boxes and cars to head off to a new and exciting year, they are likely thinking about their class... Read more

August 2017

The Trouble with Online Estate Plans

In this day and age, many people choose to turn to Google for medical, business, and even legal advice. This “advice” can even take... Read more

August 2017

What If I Don’t Have A Will?

Many people assume that if they pass away without a will, the state will get their assets. In reality, if you pass away without... Read more

July 2017

Guardianship and Estate Planning

When parents begin the process of estate planning, the tough question of “who should for my child/children if anything were to happen to me?”... Read more