Planning Your Estate And Your Family’s Future
There are many reasons to plan your estate. Perhaps the most important reason is to help make life easier for your loved ones. Even if you don’t have a lot of assets to pass on, when you draft a will and other estate planning tools, with the help of a skilled lawyer, you are saving your loved ones a lot of time, money, confusion and heartache.
At Ryan & Brucker, Ltd., we help individuals and families plan their estates, protect their property and provide legacies for their families. We work with issues such as:
- Living trusts
- Powers of attorney
- Health care directives
- Avoiding probate
- Real estate transfers
- Business succession
Our firm has been helping people in Aitkin, Minnesota, and throughout the surrounding area since 1933. We have been proud to serve some families for generations, and we have seen how smart estate planning can make a big difference over time.
Probate, And How To Avoid It
Probate is the process through which an estate is legally settled and assets distributed to heirs, under the supervision of a probate court. In Minnesota, probate is generally easier than it is in some other states, but the process can be time-consuming and expensive.
A will streamlines the probate process somewhat, by giving legal authority to the deceased person’s stated wishes. Without a will, the process takes much longer, costs much more, and can lead to unwanted results.
With smart estate planning, you can allow some of your assets to bypass probate. We help clients identify the assets that can be transferred this way, including investment accounts, business interests and real estate. Trusts can provide another way of avoiding probate, as well as accomplishing many other goals.