The SECURE Act:  How it Impacts Your Estate Plan

The SECURE Act: How it Impacts Your Estate Plan

On December 20, 2019 the President enacted legislation that significantly changed the rules that govern passing retirement accounts on to beneficiaries. For how dramatically the new law alters the previous regime of rules and regulations, it is almost ironic that...
COVID-19 Relief for Estate and Gift Q&A from the I.R.S.

COVID-19 Relief for Estate and Gift Q&A from the I.R.S.

On April 23, 2020 the I.R.S. posted information on issues raised by the COVID-19 relief time extension granted to taxpayers to fulfill their estate, gift and generation-skipping tax obligations.  Below is are the questions and answers provided by the...

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

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...