Personal Injury & Estate Planning
Phone Number: (320) 262-3915 - Email: info@anderlawmn.com

Estate Planning

Financial Family Security

Anderson Law Offices offers comprehensive estate planning, providing financial security for you and your family.

Our duty is to provide our clients with peace of mind that their estate will enhance the lives of their beneficiaries, not create problems.

Estate-Planning-LogoAnderson Law Offices partners with EstatePlanning.com and Wealth Council to offer you the best information.

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Our Strengths

Estate planning can be difficult and complex without a good navigator.  Anderson Law Offices focuses on the following areas:

Living Trusts

A living trust is a legal document that, just like a will, contains your instructions for what you want to happen to your assets when you die.  But, unlike a will, a living trust can avoid probate at death.  Prevent the court from controlling your assets if you become incapacitated.

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Charitable Trusts

A charitable remainder trust lets you convert a highly appreciated asset like stock or real estate into lifetime income. It reduces your income taxes now and estate taxes when you die. You pay no capital gains tax when the asset is sold. And it lets you help one or more charities that have special meaning to you.

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Estate Taxes

Your estate will have to pay federal estate taxes if it’s net value when you die is more than the exempt amount set by congress at that time. Some states have their own death or inheritance tax so your estate could be exempt from federal tax and still have to pay state tax.

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Life Insurance Trusts

An irrevocable life insurance trust gives you more control over your insurance policies and the money that is paid from them. It also lets you reduce or even eliminate estate taxes so more of your estate can go to your loved ones.

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Creating Lasting Legacies

You made the money by working hard. Your estate plan can reflect your values and can incentivize your beneficiaries to continue to support those values.

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Asset Protection Planning

How to own C Corporation or S Corporation stock to minimize exposure to creditors and whether to implement several basic business agreements designed to protect and even enhance business value from inside the corporation.

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Disability and Illness

What happens if you don’t plan? While we tend to think of incapacity or disability as something that happens when we are older, the reality is that even those who are young and healthy can suddenly become disabled.

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Inheritance

How much money people have is usually considered a private manner but not having a plan about inheritance can leave your children unprepared.

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Contact Anderson Law Offices Today

Our team is ready to help you.