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Eagan, Minnesota, Legal Blog

3 Dos and don'ts to help children through a divorce

If your relationship with your spouse has been unstable for awhile, you may be thinking about divorce. Sometimes a divorce is the best option. It can present a new beginning for both spouses.

Even so, divorce is difficult for everyone involved, specifically children. There aren’t many circumstances that include a child wanting to see their parents split up. There are a few "dos" and "don'ts" you can follow to lessen the emotional turmoil you and your child will endure during the transition. 

What are the benefits of a transfer on death deed?

When you start estate planning, you hope to have your assets go to your heirs quickly and easily. To do this, you plan to avoid probate as much as possible. While you can start to give away your assets now or create a trust to hold your assets, Minnesota has simple way for you to transfer your house without probate.

A transfer on death deed transfers your house to your heir while avoiding probate. The deed is a much simpler and less expensive option to keep your house out of probate court after you pass.

If I am healthy, why do I need a health care directive?

When you visit your doctor, you two probably discuss your symptoms, the cause of your symptoms, and possible treatment options. Then, you may decide what treatment you feel most comfortable utilizing and share your decision with your doctor.

This routine may work for now, but accidents happen every day. If you are unexpectedly incapacitated, you may not be able to tell your doctor what type of care you do or do not want. However, a health care directive allows you to make your health care wishes known, even when you are incapacitated.

How divorced parents can plan for the holidays

Holiday season is here once again. Whether this is your first holiday season after your divorce or your eighth, you may wonder how to make the holiday experience better for you and your children.

Life changes after a divorce and previous holiday traditions may also change, but post-divorce life presents the opportunity to create new traditions.

You can provide directions before they are necessary

Most people probably do not think about serious medical conditions or the end of their life on a regular basis. And if you are young, you may not consider what would happen if an emergency left you unable to make medical decisions for yourself.

Medical providers typically ask their patients a variety of questions related to their current condition. In some cases, they may wonder whether you have an advance health care directive. Although you may be under the impression that you do not need one, consider the choices your loved ones may otherwise have to make on your behalf.

Four things to consider when you invest in commercial real estate

There are many reasons you might first think about investing in commercial real estate. You might notice how popular a new shopping area has become. You might learn how a 1031 like-kind exchange can help you build a legacy of wealth that you can pass to the next generation. Or you might simply become attracted to idea of investing after closing on a couple of homes.

Whatever first gets you thinking about commercial real estate investment, it’s important to understand that buying commercial real estate is significantly different than buying residential real estate. It’s a good deal more complicated, and there are more risks involved. You can mitigate the risks by working with the right people and asking the right questions. Here are four of them.

When someone hurts you, it affects your children as well

Behind closed doors, many couples struggle with threats and acts of domestic violence. However, whether your partner has a physical outburst, quickly followed by an apology and promise to change, or makes you feel afraid to leave them because of what might happen, you may recognize you are in an unhealthy relationship.

Although you might love or depend on your significant other and want to work things out, staying together may not be best – for you or your kids. You should not subject yourself to domestic violence. And if you have children, do you understand the importance of removing them from a situation where they continually see you suffer?

Do not automatically dismiss probate as part of your estate plan

The headlines make it sound like a clear-cut answer: “Why you should do everything possible to avoid probate,” one of these posts might read.

The truth is, estate planning is more nuanced than that. Avoiding probate might indeed be the right path for some families. But for others, the probate process might offer benefits that may make some supposed downsides worth it.

So they accepted your bid. Are you sure you should close?

Purchasing a house can be exhilarating. Whether you found something to fit the needs of your growing family or are downsizing now that your kids are on their own, finding a place that meets both your needs and your budget can entice you to bid as quickly as possible to secure a deal.

For whatever reason, at times you may be able to find an affordable price on a property that would otherwise be out of your reach. However, it is wise to make sure you do your due diligence before agreeing to the purchase terms of your new home.

How a power of attorney can offer everyone peace of mind

Many people when they hear the phrase "power of attorney" consider it a scary term, something that comes up only in dire circumstances. The reality is much less harrowing. Power of attorney is essentially a practical legal tool, one that can reduce any future strain on your family and loved ones.

With that in mind, here's an explanation of power of attorney, including what it is, what it allows for, and when you might want to consider it.

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