2020 Tax Reference Guide

Our friends at Business & Estate Advisers, Inc. in Wayzata have put together the following 2020 Tax Reference Guide for our Wayzata law firm.  If you have questions about the impact of 2020 tax law on your estate plan, we’d be happy to discuss it with you. ...

4 Estate Planning Myths That Refuse to Die

An article published in Forbes (May 5, 2019) debunks 4 estate planning myths.  Our estate planning attorneys agree.  Whether you are starting an estate plan from scratch or have a reason to update the one you have in place, Sanford, Pierson, Thone & Strean, PLC...

How to Limit Your Minnesota Estate Taxes

Does Your Estate Plan Limit Minnesota Estate Taxes?  If Not, Here are Some Things for Married Minnesota Residents and Nonresident Minnesota Property Owners To Consider Minnesota is an equal opportunity estate taxing authority: it taxes...

Beyond rivalry: Talking about money with siblings

Insights from the Ameriprise Financial Family Wealth Checkup study Key Points Nearly two-thirds of siblings talk about money with each other While financial conflicts are rare, they usually involve issues regarding parents Uniting to deal with money issues can help...

IRS Blesses 2nd Marriage Planning Technique for IRA

The following article was written by Charles (Chuck) Rubin for JDsupra.com.  It details a new estate planning technique approved by the IRS that may prove useful to individuals in second marriages. A common issue in planning for marriages with prior children is how to...