The Best Way to Hold Title to Rental Property in Minnesota
If you own a rental property in Minnesota and want to hold the title to that property, it is important to know that you have options. Holding the title to any property—rental or otherwise—can be complicated and you may need legal support to ensure that your rights are protected. The legal team at Kallemeyn & Kallemeyn Law specializes in all types of real estate law and has a specific expertise in rental property. Rentsl Property concerns are title holding, as well as lease agreements and eviction notices and proccedings. Read Full Post
Minnesota has an aging population with approximately 10,000 retiring every day. The number of persons age 65+ is expected to surpass that of the 5-17 year old population by the year 2020. With these statistics in mind more Minnesota residents are turning to Estate Planning to protect their assets and intended beneficiaries.
A Living Trust is a vehicle that can be very useful in certain estate planning situations. The trust is created and functions while the individual is living. A Testamentary Trust is created after your death. An experienced Minnesota Estate Planning Lawyer can help you to determine if a Revocable Living Trust is right for your individual situation. For many Minnesotans, a living trust can help to avoid probate or reduce estate taxes. Kallemeyn & Kallemeyn have expertise in the benefits and possible drawbacks with establishing a Revocable Trust. 
