If you’re a parent, you may feel even more guilty than usual. If so, you are definitely not alone. The burden has been on you to both carry on with your work and manage your child’s full-time care and education. Two full-time jobs that you’re trying to do by yourself, likely without teachers or care providers to help you. Take a deep breath, and let me let you off the hook here for a minute. I have no doubt you are doing the best you can, and your kids see it, and know it too.
Read MoreAs you already know, the COVID-19 pandemic means nothing is business as usual. Many states have implemented a “shelter-in-place” order to limit the spread of the disease, including Minnesota. Once you have attended to your (and your family’s) immediate needs, it will be time to consider more long term precautions.
Read MoreDo your parents have an estate plan? Is it up to date? When your parents become incapacitated or die, their affairs will become your responsibility, and it will be impossible to ask them to clarify anything. So, if you do not know whether or not they have estate planning in place that will help you best support them, read on.
Read MoreThe amount of money generated by your family, and what will happen to it when you or your parents become incapacitated or die is definitely your business. In fact, I believe it may be the most important business you have. And whether your parents talk with you about it now, or you figure it all out after they die, your parent’s money has a huge impact on you.
Read MoreA last will and testament can ensure your wishes are respected when you die. But if your will isn’t legally valid, those wishes might not actually be carried out, and instead the laws of “intestate succession” would apply, meaning that the state decides who gets your stuff, and it’s very likely not to be who you would choose.
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