A personal representative is the individual who is named by you in your will to ensure that the terms of your will are executed as outlined. This person has a wide variety of duties and can receive a payment from your estate for this service. Your personal representative (formerly called an executor) should be someone that is trustworthy, competent, and has business and finance experience. It is extremely important that you choose someone in whom you trust and you can be sure will represent your interests in an honest way in the event of your death. Very often a personal representative works closely with an estate planning attorney to navigate the probate process. Kallemeyn & Kallemeyn specializes in all aspects of estate planning and can partner with you to draft your will and name your personal representative. We can also work directly with your personal representative to execute the terms of your will. Kallemeyn & Kallemeyn are located in Coon Rapids Minnesota just off Hwy 10 and Main Street. Read Full Post
The primary purpose of a will is to protect your family and your property in the event on your death. In the state of Minnesota, if you die without a will, your property and assets will be distributed based on Minnesota law, beginning with your closest relatives. You should be aware that if the court finds that you have no living relatives by blood or marriage, the state will take your property. It is very important that all adults have a will, so that you can convey exactly how they want their property distributed. Kallemeyn & Kallemeyn specializes in helping individuals draft and finalize a will Read Full Post
Estate planning can be a very difficult process to face for some people. Estate planning is the process of anticipating and arranging for the management and disposal of a person’s estate at the end and after their life. As this can be a difficult process to face, The attorneys and staff at Kallemeyn & Kallemeyn dedicated to helping people find solutions to difficult problems. Estate planning is difficult and includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and a variety of other expenses.
As many people believe that estate planning is going to be too time consuming and too expensive, but for our services this is not true. The majority of our clients at Kallemeyn & Kallemeyn are able to complete their estate planning for $400 as an individual and $500 for a couple. Read Full Post
Once you reach adulthood, and specifically if you have children, the importance of a will cannot be overstated. However, national estimates indicate that more than 60% of Americans do not yet have a will. There may be many reasons for this — you may be too busy with day to day life, you may think that it will cost you a lot of money, or contemplating your wishes should you die unexpectedly may be difficult to think about. Regardless of the many reasons to put it off, creating your will is a very important task. If you live in Anoka, Coon Rapids, Blaine, Andover, or Ham Lake, MN, the team at Kallemeyn & Kallemeyn can help you plan ahead and develop your will without stress or a large price tag. Read Full Post
You may know Kallemeyn & Kallemeyn, PLLC, for their reputation as excellent lawyers and mediators. We also emphasized a more general approach to serving people with a broad range of legal assistance needs. One such area, which few people want to plan for, but require more thought, is Nursing Home Planning. If you are responsible for an older parent or other loved-one, and live in the Coon Rapids area, contact our team today. Our staff will help you create a plan that ensures that your loved-one is properly cared for and all financial considerations are addressed. Read Full Post
As we head into a brand new year, filled with New Year’s resolutions and renewed hope for a year full of peace, love and family, it is a good time to think broadly about your future. Estate planning is something that we may prefer to ignore, but it can be extremely important for our loved ones. The majority of Americans do not have a will, which means that in the unlikely event of an untimely death, their wishes are not spelled out for their loved ones and the court. The law firm at Kallemeyn & Kallemeyn can make the basic estate planning process simple, straightforward and fast, so that you can check it off of the New Year’s resolution list and move forward with your best year yet. Read Full Post