Minnesota Trust and Estate Planning Lawyers

Leave a legacy in the event of death or incapacitation

An estate plan is more than just a written record detailing how you would like your personal affairs to be handled in the event of death or incapacitation.  It is a roadmap that anticipates and arranges for the preservation of wealth for your heirs.  A good estate plan defers some taxes and provides for the most cost-efficient method of asset dispersal among your named beneficiaries while addressing the risks that an estate can face from creditors such as the nursing home. The estate plan becomes the way you look out for your family.  Your estate plan may include some combination of the following legal instruments:

Key functions of a high-performing estate plan

Life is fraught with financial expenses including purchasing a home, putting aside money for your children's college tuition and creating a nest egg for retirement.  There are many aspects of estate planning that coincide with setting out a roadmap for your life.  The more you plan ahead, the better you can accomplish some of your life goals.  Good planning may include:  

• Maximizing retirement benefits
• Addressing nursing home concerns
• Planning for a handicapped or disabled child or dependent
• Transferring assets to your named beneficiaries with efficiency
• Saving for the long term by deferring current income taxes
• Preserving your estate from estate taxes
• Appointing personal proxies in the event of death or incapacitation

Remember — people who plan, win

When you hire the Holker Law Offices, PLLC to advise you on your estate planning choices, we contemplate the long-term impact of your present day choices. Successful estate planning doesn't just happen — you make it happen.

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