Yanowitz Law Firm Blog
Estate Planning
Revocable, irrevocable, testamentary: which trust do you actually need?
Revocable, Irrevocable, Testamentary: Which Trust Do You Actually Need? Revocable, Irrevocable, Testamentary: Which Trust Do You Actually Need? When families ask whether they need a trust, they're usually asking the wrong question. The better question is: what kind of...
read moreWhy putting assets in your child’s name often backfires
Why Putting Assets In Your Child's Name Often Backfires In Minnesota Why Putting Assets In Your Child's Name Often Backfires In Minnesota It sounds like a smart shortcut: add your child's name to your bank account or property to make things easier if something...
read moreHow Minnesota families can prevent estate disputes before they start
How Minnesota Families Can Prevent Estate Disputes Before They Start How Minnesota Families Can Prevent Estate Disputes Before They Start When a family ends up in conflict over an estate, it's rarely because they didn't love each other. It's almost always because the...
read moreProbate
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
Why Putting Your House in a Trust Could Save Your Family Thousands
Why Putting Your House In A Trust Could Save Your Family Thousands Why Putting Your House In A Trust Could Save Your Family Thousands Many homeowners assume that having a will is enough to handle their estate. However, when it comes to real estate, that assumption can...
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...
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