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Call Today 651-964-6087Supplemental Needs Trusts vs. Special Needs Trusts
The terms “Supplemental Needs Trusts” and “Special Needs Trusts” describe trusts specifically designed to provide resources to persons who also receive public benefits due to special needs or a disability. In Minnesota, the terms are often lengthened to “Third-Party...
The SECURE Act and Your Retirement
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...
5 Common Misconceptions About Estate Planning
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.”...
Avoiding Tax Consequences with Qualified Charitable Distributions
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...
You do not have to handle real estate transactions alone
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...
Is that irrevocable trust truly permanent?
On behalf of Chandler and Brown, Ltd. posted in wills and trusts on Thursday, March 14, 2019. Many people may be under the impression that irrevocable trusts cannot ever be modified or revoked by the grantor. However, this becomes problematic when an irrevocable trust...
Franchising can be an attractive joint venture
On behalf of Chandler and Brown, Ltd. posted in business planning on Thursday, March 28, 2019. Some people in Minnesota who are interested in starting their own business have developed their own product or service that they wish to sell. However, other individuals may...
You do not have to handle real estate transactions alone
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...
These three documents can be key to a well-rounded estate plan
On behalf of Chandler and Brown, Ltd. posted in estate planning on Thursday, February 14, 2019. Three documents that most people in Minnesota should consider including in their estate plan are a will, a living will and a durable power of attorney. However, one survey...
Real estate transactions impacted by government shutdown
On behalf of Chandler and Brown, Ltd. posted in real estate on Thursday, January 17, 2019. The federal government shutdown has made waves in many different business sectors across the nation, including those in Minnesota. For example, real estate transactions in...
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