Ward Law is located in Roseville, Minnesota, serving Hennepin County, Ramsey County, Anoka County, Washington County, and the entire Twin Cities Metro Area. Ward Law can help with any of the following matters.
A basic estate plan should include the following documents:
- Advance Medical Directive (Healthcare directive)
- Durable Financial Power of Attorney
- Last Will and Testament and/or Revocable Living Trust
For individuals who have significant wealth, additional estate planning documents and tools can be incorporated into the basic estate plan, such as an Irrevocable Life Insurance Trust, a Charitable Trust, and/or gift planning. These additional estate planning techniques are complex and highly personalized.
For general information on basic estate planning, go to Estate Planning.
Probate is the orderly process for paying a recently deceased person’s debts and expenses, then distributing the remainder to the heirs.
Usually, a deceased person’s debts are paid from their estate and any property remaining is divided among heirs or beneficiaries, according to a Will or according to state law. The debts of the deceased person do not necessarily transfer to anyone else, unless there is jointly-owned property, co-signor obligations, etc., so do not think that you are personally liable for the debts of the deceased without talking to an attorney first.
For general information on basic estate planning, go to Probate.
Ward Law, PLLC helps small businesses with their everyday legal needs, from forming corporations and limited liability companies to negotiating and drafting contracts including employment agreements, non-compete and confidentiality agreements, leases, licenses, and buy/sell agreements.
For general information on basic estate planning, go to Business Law.
Ward Law serves families and businesses in Hennepin County, Ramsey County, Dakota County and the entire Twin Cities Metro Area.