A new Minnesota law makes it less expensive and less complicated for Minnesotans to transfer their real property upon their death.
The Transfer On Death Deed (or TODD) legislation went into effect in July. TODD allows an individual to sign and record a deed transferring real estate directly to a named beneficiary when the original owner […]
Entries Tagged as 'Austin Estate Planning Attorney'
New Minnesota Law Makes Avoiding Probate Easier
September 4th, 2008 · No Comments
Tags: Austin Inheritance Tax Attorney · Austin Inheritance Dispute Lawyer · Austin Inheritance Lawyer · Austin Probate · Austin Probate Attorney · Austin Estate Planning Attorney · Austin Estate Planning Lawyer
Estate of Late Ankeny Regional Airport Operator Probated
August 19th, 2008 · No Comments
Administrators for Ed Boesen claim his assets in Exec I Aviation have no value and should be transferred. The claim was filed the same day as preliminary inventory of the estate. James Monroe and Philip Thompson, the estate’s co-administrators, asked permission from the court to transfer the assets from two other companies to the First […]
Tags: Austin Probate Estate Lawyer · Austin Estate Planning Attorney · Austin Probate Attorney
Estate Taxes
August 5th, 2008 · No Comments
If Congress does not act, the federal tax exclusion will fall to $1 million in 2011. However, most lawyers believe that Congress will compromise the amount will of exclusion will be raised above $3.5 million. It is currently at $2 million this year and will rise to $3.5 million next year.
Senator Obama would like a […]
Tags: Austin Estate Tax Lawyer · Austin Estate Planning Attorney · Austin Estate Planning Lawyer
Estate planning and you didn’t know it
July 16th, 2008 · No Comments
While most think of estate planning as writing up a will, there are actually steps you can take before drawing up a formal contract. You might have already begun the process without realizing it.
When opening a bank account or starting a 401(k) you should be given a form asking to identify a beneficiary […]
Tags: Austin will lawyer · Austin Estate Planning Attorney · Austin Estate Planning Lawyer
Survey: Majority of American Adults Have No Will
July 3rd, 2008 · No Comments
According to a survey conducted by FindLaw.com, 58% of adult Americans do not have a will, one of the most standard documents in any estate planning strategy. The study also found that age was a significant factor; Americans over the age of 50 were much more likely to have a valid will than those younger […]
Tags: Austin will lawyer · Austin Estate Planning Attorney · Austin Estate Planning Lawyer