Minnesota Real Estate Lawyer

Timely and cost-effective solutions for all your real estate and mortgage needs

The Holker Law Offices, PLLC has helped many client with negotiating purchase and sale agreements and litigating a wide range of real property issues, especially estate-related real property disputes. We take pride in offering our clients comprehensive beginning-to-end and after-death legal services.  Part of our practice is estate distributions and trust creation, ensuring that your real property are distributed as you wish upon your death.  We represent our clients in:

Transferring property through gift-giving, estate plans and trusts

The Holker Law Offices, PLLC can help you organize the disposition of your property during your lifetime so as to minimize or eliminate estate taxes at the time of your death and transfer a greater amount of tax-free assets to your beneficiaries during your lifetime. Your family derives greater benefit from your hard-earned income and you gain taxable advantages.

A program of gift giving can help to minimize the size of your taxable estate at the time of your death, and allows your beneficiaries to enjoy the benefits of gift tax exemptions during your lifetime.  Since the amount of the exemption may change from year to year,  an attorney is best suited to advise you on taking advantage of exemptions while saving an adequate amount for retirement each year.

An estate plan details how you want your assets dispersed at the time of your death.  By considering the tax consequences of distributing your assets among your heirs, your beneficiaries can maximize their benefit.

A trust is structured to disperse assets on a fixed schedule and to transfer trusteeship to a beneficiary at the time of your passing.  A trust is automatically separated from the beneficiary's personal assets, allowing the trustor to ensure that every penny of the inheritance is granted to the intended beneficiary and not necessarily to the beneficiary's spouse in the event of a divorce.

A contract for deed or land contract is an agreement between a buyer and a seller of real property in which the seller finances the purchase price and the buyer repays the purchase price in installments, typically with a balloon payment at the end.   The seller retains legal title until the loan is repayed in full.  The amount of the installments is generally equivalent to the amount of the mortgage.  Therein, the seller is able to recoup their initial investment in the home.  In some cases, the seller may derive tax benefits associated with property ownership until the transfer is complete.

Call (763) 416-1672 or contact us online to schedule a free initial consultation with a Minnesota estate planning attorney.