With a push by the Democratic party, and Democratic Presidential Nominee Joe Biden, to return federal estate taxes to their “historic norms”, taxpayers need to act now before Congress passes legislation that could adversely impact their..
When it comes to estate planning, every family is different in their own unique way. What remains constant, however, is the need for each of us to think about what would happen if we pass away or become incapacitated. Of course, you don’t have..
On August 19th, the Minnesota Tax Court ruled in favor of husband and wife taxpayers who were found to have domicile in two separate states: Minnesota and Florida. The facts of the case were unique (you can read the entire opinion here), but the..
We are very pleased to announce that attorney Zach Wiegand has been named a Minnesota Super Lawyer Rising Star for 2020 by Super Lawyers Magazine for the Estate Planning and Probate practice areas. This is the fourth consecutive year Zach has..
What are the new estate tax numbers for 2020? The Internal Revenue Service recently announced that the Federal Estate & Gift Tax exemptions will be increasing for 2020. In 2020, individuals will be able to pass up to $11,580,000 free of any..
What the Secure Act Means for Minnesotans On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective as of January 1, 2020, is likely the most..
Prince's Probate When Prince (aka Prince Rogers Nelson) died, most people were shocked to learn that he did not have any documents in place that would keep his affairs private. When a celebrity wants to keep their affairs private, they usually..
I am very pleased to announce that I have been named a Minnesota Super Lawyer Rising Star for 2019 by Super Lawyers Magazine for the Estate Planning and Probate practice area. This marks the third consecutive year that I have been named to this..
There are currently 13 states that have an estate tax in the United States. First, you may be wondering what an estate tax is. In basic terms, when you die the government (both the Federal government and your State government) wants to know how..