Yanowitz Law Firm Blog
Estate Planning
Why Some Trusts May Not Keep Up With a Doctor’s Growing Wealth
Why Some Trusts May Not Keep Up With a Doctor's Growing Wealth Why Some Trusts May Not Keep Up With a Doctor's Growing Wealth Many doctors have a trust in place and assume their estate planning is complete. They signed the documents, established a plan, and took an...
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Common Estate Planning Mistakes Doctors Make in Minnesota
Common Estate Planning Mistakes Doctors Make in Minnesota Common Estate Planning Mistakes Doctors Make in Minnesota Many doctors understand the importance of estate planning and take proactive steps to protect their families. They create wills, establish trusts, and...
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Why Beneficiary Designations Matter More Than Many Doctors Realize
Why Beneficiary Designations Matter More Than Many Doctors Realize Why Beneficiary Designations Matter More Than Many Doctors Realize Many physicians assume their estate plan controls how their assets will be distributed after death. They have a will, perhaps a trust,...
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Minnesota Executor First 30 Days: What You Must Do First
Minnesota Executor First 30 Days: What You Must Do First Minnesota Executor First 30 Days: What You Must Do First If you have been named an executor, the first few weeks can feel overwhelming. Many people feel pressure to act quickly, handle belongings, and move the...
Probate in Minnesota: 7 Questions Everyone Asks
Probate in Minnesota: 7 Questions Everyone Asks Probate in Minnesota: 7 Questions Everyone Asks When a loved one passes away, many families hear the word “probate” and immediately feel uncertain. Probate in Minnesota is often misunderstood, and that confusion can lead...
Digital Assets Probate in Minnesota: What Families Should Know
Digital Assets Probate in Minnesota: What Families Should Know Digital Assets Probate in Minnesota: What Families Should Know In today’s world, much of your life exists online. From email and social media to online banking and cryptocurrency, these accounts are part...
Real Estate
What You Don’t Know in Your Real Estate Contract Can Cost You
What You Don't Know in Your Contract Can Cost You What You Don't Know in Your Contract Can Cost You Signing a contract often feels routine. Whether it is for real estate, business, or services, many people assume the key terms are obvious. However, what you don’t know...
How Property Classification Affects Your Minnesota Property Taxes
How Property Classification Affects Your Minnesota Property Taxes How Property Classification Affects Your Minnesota Property Taxes Property taxes are one of the largest ongoing expenses for Minnesota property owners, yet they are often misunderstood. Many people...
The Tax Consequences of Gifting Real Estate in Minnesota
The Tax Consequences of Gifting Real Estate in Minnesota The Tax Consequences of Gifting Real Estate in Minnesota Gifting real estate to a family member can feel like a generous and practical decision. Many Minnesota homeowners consider transferring a home, cabin, or...
Doctors Circle Legacy Program
Why Some Doctors Still Go Through Probate Despite Having an Estate Plan
Why Some Doctors Still Go Through Probate Despite Having an Estate Plan Why Some Doctors Still Go Through Probate Despite Having an Estate Plan Most Minnesota doctors do not intend for their estate to go through probate. They have taken proactive steps by creating a...
Estate Planning Mistakes Doctors Make When Approaching Retirement
Estate Planning Mistakes Doctors Make When Approaching Retirement Estate Planning Mistakes Doctors Make When Approaching Retirement For many doctors, retirement is the result of decades of hard work, disciplined saving, and careful financial planning. Retirement...
Why a Trust Alone May Not Reduce Estate Taxes for Doctors
Why a Trust Alone May Not Reduce Estate Taxes for Doctors Why a Trust Alone May Not Reduce Estate Taxes for Doctors Many Minnesota doctors establish a trust with the goal of protecting their family and creating a more tax-efficient estate plan. Once the documents are...
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Further Reading: NAEPC Journal of Estate & Tax Planning
