Many Minnesota families have heirlooms of some kind. Perhaps it's a keepsake with great sentimental value, or perhaps it's a treasured piece of furniture that could fetch a lot of money at auction. These heirlooms can be great sources of pride, but they can also be...
Blog
Month: October 2013
Minnesota estate tax may apply to more than many realize
There has been a lot of debate in recent years about the federal estate tax, but in fact that tax applies to relatively few estates. Earlier this year, Congress set the level at which estate taxes kick in at $5,250,000. Next year, that number is set to rise to...
Certain Minnesota estates may be hard to value
Over a lifetime Minnesota residents collect and earn a variety of assets. These assets can include original artworks, collections, stock options, cash, real estate, a business and other various personal property. Upon a person's death, these assets become part of the...
Famous photographer’s estate in inheritance dispute
The death of a loved one often causes a mix of emotions and stress. In addition, family members will have to deal with their belongings and assets. Residents in Minnesota understand that his can often stir up disagreements between beneficiaries, especially when in...