If you are a young adult, new parent, middle age or even approaching retirement, it may be difficult to think of yourself as having an estate. The term “estate” may make you think of a large sum of money or a large property. However, an estate is simply the net worth of an individual at any point in time, alive or dead. Charles Kallemeyn of Kallemeyn & Kallemeyn is an Anoka County estate lawyer who can help you manage all aspects of your estate including a will, trust, and probate. Read Full Post
Kallemeyn & Kallemeyn Legal Posts
While the easiest way to avoid probate in Minnesota is to not create a will, this is definitely not advisable in our state. . The legal team at Kallemeyn & Kallemeyn can help you find the best way to establish a will that cannot be reasonably contested so that a probate will likely not be necessary. Kallemeyn & Kallemeyn specializes in probate law, and we can state with confidence that we can apply our knowledge of Minnesota probate law to your circumstances and create a will that cannot not be reasonably contested. Read Full Post
A will and a living trust are both important documents that can be developed for estate planning. A will outlines how you would like your estate handled in the event of your death. In your will, you can name an executor (whose job it is to execute the terms of your will), name the guardians for your minor children, and make your wishes known about how you would like your property distributed at the time of your death. Read Full Post
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
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