by Chandler and Brown | Feb 14, 2020 | Blog, Estate Planning, Wills And Trusts
The Setting Every Community Up for Retirement Enhancement Act of 2019 (“SECURE Act”) is a broad and wide-reaching bill that includes numerous provisions focused on increasing access to tax-advantaged accounts and preventing older individuals from outliving their...
by Chandler and Brown | Jan 13, 2020 | Blog, Estate Planning, Wills And Trusts
Estate Planning is often viewed as complicated and confusing, in part due to numerous misconceptions that color the public’s understanding of the practice area. The following are some examples of common misconceptions: 1. Misconception: “Having a Will avoids probate.”...
by Chandler and Brown | Dec 13, 2019 | Blog, Estate Planning, Estate Tax
A qualified charitable distribution is a direct transfer of funds from an IRA to a qualified charity. Generally, a distribution from an IRA is taxable; however, the donative nature of the transaction allows the amount to be excluded from the account holder’s income....
by Chandler and Brown | Nov 15, 2019 | Uncategorized
Minnesota has an estate tax that may tax both residents and non-resident property owners alike. Though the estate tax rate may exceed fifteen percent, an effective plan may reduce or eliminate the tax liability that would be present without such preparation. The...
by Chandler and Brown | Mar 18, 2019 | Real Estate
On behalf of Chandler and Brown, Ltd. posted in real estate on Wednesday, February 27, 2019. Whether you are buying your first home or breaking ground on a new business, residential and commercial properties can be good investments in Minnesota. However, from the...