Among entrepreneurs, there are several characteristics that they all share: motivation, creativity, persuasiveness, risk tolerance, versatility, vision, innovation, communication and collaboration, flexibility, and decisiveness. These individuals create new businesses bearing most of the risks and reaping most of the rewards… Read more »
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Waivers for Nursing Facility Care in the Home Under Medicaid
Those who believe they cannot meet Medicaid’s strict income and asset limits for long-term care benefits might want to think again. If you currently demonstrate the need for nursing home facility services, you may meet health eligibility rules for a… Read more »
What Can a Creditor Do to Disrupt a Probate
In a will, the personal representative (executor) is responsible for entering a public record of the death date of the testator, usually in the local newspaper. In part, this information serves as notice to creditors if the decedent has an… Read more »
A Guide for Seniors on Estate Planning
Estate planning is considered essential by most older adults. Yet, nearly half of Americans age 55 or more do not have a will, and even fewer have designated powers of attorney, a living will, or health care directives. These documents… Read more »
Does an ALS diagnosis have you considering your long-term care?
Various life events can cause Minnesota residents to consider their end-of-life wishes. In some cases, a loved one may have passed and caused surviving family members to consider their own mortality. In other instances, individuals could receive an unfavorable medical… Read more »
Finding a loved one’s assets for probate can take effort
When a loved one passes away, it can seem as if you are in a whirlwind of events and emotions. Funeral arrangements may need making or at least carried out, surviving family members may come and go, people will say… Read more »
You can limit the abilities of your power of attorney agent
Because an estate plan can go further than simply creating a will, it is important that you and other Minnesota residents understand the various planning tools available to you. Rather than simply using your plan to determine who should receive… Read more »
Long-term care carries a high price
If you are like many in Minnesota, you have not wanted to think about the possibility of your parent needing long-term care. Perhaps you assumed you would be able to take care of your parent in the later years or… Read more »
Is it time to start estate planning?
When many people picture someone going through the estate planning process, they may imagine a white-haired man and woman thinking about how they will distribute property to their grandkids. While common, this mental picture may not be the one you… Read more »
Understanding Powers of Attorney
As individuals age and enter the twilight of their years, there may be a need for someone to step in to take care of some important medical and legal decisions. One written document that can achieve this transfer of legal… Read more »