If you do not have an estate plan in place so that your property can be distributed properly in the event of your death, you may be wondering what steps you need to take so you can meet your objectives. Your questions may consist of whether or not you should transfer your property through a will or if a trust would work better so that your heirs are better benefitted. You may be wondering what the advantages and disadvantages of each are.
With the help of an experienced Minnesota estate planning attorney, you will receive the answers to all of your questions so you can make an informed decision about the future of your estate and the future of your heirs.
Honest And Cost-Effective Counsel
At Kelly & Lemmons, P.A., you will work with an attorney who has helped individuals throughout the Twin Cities area of Minneapolis and St. Paul, as well as western Wisconsin, create sound estate plans. With decades of combined experience, a comprehensive approach is taken to your unique case, ensuring that your concerns are identified so that specific strategies can be implemented for the purpose of reaching your estate planning goals.
We know that there is a great deal of anxiety that can come about due to you not being certain about the future. We carefully explain the advantages and disadvantages of wills & trusts so that you can make an informed decision about how you want your estate plan to be. It is tailored to your needs, which may include:
- Dissolution of business interests
- Transfer of real and personal property
- Business succession
- Welfare and guardianship of dependents or minor children
We can prepare any type of trust, including those that are immediately effective or those that go into effect upon your death. We will also establish special needs trusts for you when needed.
Utilizing All Tools For An Effective Estate Plan
Our Minneapolis estate planning lawyer will also work with your financial advisor to make sure you have a plan that is structured to minimize tax consequences for your heirs. This makes the ease of property transfer upon your death much easier for all of the family members involved. Our firm is regularly referred by top financial planners and accountants who recognize that our strategic guidance and expertise is highly effective. They also recognize that we provide strategic guidance in estate planning and asset protection.
Contact A Minnesota Estate Planning Attorney
Wills and trusts are important to an estate plan. You state what you want to happen in your will and trusts can protect assets. In fact, trusts are very valuable tools for keeping assets out of probate. This helps ensure your wishes are carried out and makes asset distribution much easier for your beneficiaries. To learn more about how Kelly & Lemmons , P.A. can help you establish a will, trust, and an overall solid estate plan, call the office at 651-224-3781.