Offering Individuals, Couples, Domestic Partners, Families and Small Business Owners Practical Estate Planning Solutions For nearly twenty years, the Press Law Office, PLLC has been dedicated to offering outstanding legal representation to individuals, couples, domestic partners, families, and small business owners living in the Twin Cities metropolitan area. Our firm is proud to offer our clients a diverse foundation of estate planning experience and knowledge. Contact a skilled lawyer at our office near downtown Minneapolis, Minnesota for a balanced and comprehensive perspective to your legal issues. Estate Planning - Estate Planning Documents: Wills, Trusts, Health Care Directives, Financial Powers of Attorney
- Probate & Estate Administration
- Guardianship and Elder Law
Estate Planning Documents Wills Wills are the fundamental document of an estate plan. A will makes your wishes known regarding your assets (bank accounts, brokerage accounts, stocks, bonds, mutual funds, real estate, etc.) when you die. It's also the document that expresses your wishes for deciding who will care for your children if you die before they reach age 18. Trusts Wills with tax planning trusts can help you plan for estate taxes. Federal estate taxes are owed if you die owning assets over a certain dollar (exemption) amount. In 2008, estates exceeding $2,000,000 face payment of the federal estate tax. In 2009, estates exceeding the exemption amount of $3,500,000 face payment of the tax. There may also be Minnesota estate taxes. Although you may think that these taxes may not apply to you, if you add up the value of your home, cabin, retirement plans, life insurance and all of your other assets, you may be surprised by the total value. There are many other types of trusts, each addressing a different estate planning need. There are living revocable trusts, irrevocable life insurance trusts and special needs trusts. A consultation with us can help you decide if one of these trusts is right for you. Health Care Directive A Health Care Directive gives your spouse, adult child, other relative, trusted friend or domestic partner the authority to take care of health care matters on your behalf if you become mentally or physically unable to do so. A Health Care Directive makes your wishes clear to your family, health care providers and the courts. Power of Attorney A Power of Attorney, sometimes called a Financial Power of Attorney, gives your spouse, adult child, other relative, trusted friend or domestic partner the authority to take care of legal and financial matters on your behalf if you become mentally or physically unable to do so. Probate and Estate Administration Probate is a court process where, at your death, your property is collected, your debts are paid and your assets are distributed. This process is simplified if you have a Will. If there is no Will, then the government determines who receives your assets. Guardianship and Elder Law If you have a family member who is no longer able to manage his or her affairs, a guardianship may be needed. A guardianship is established through a court proceeding where a referee (judge) hears evidence and determines whether a guardianship is in order. A guardian decides where the incapacitated person (ward) lives, makes medical decisions on his or her behalf and controls personal belongings. Call our office near downtown Minneapolis, at 612.338.8927, and learn how we can help you with the legal matters that affect you and your loved ones. Estate Planning Made Easier Making plans for your future, or your family's, can seem intimidating. Many people simply believe estate planning and probate concerns only apply to those with considerable wealth. We can help single people, married couples, domestic partners, and small business owners understand the value of planning ahead in the event of death or a disabling health issue. - We use our diverse professional backgrounds to address your estate planning needs from a variety of perspectives
- Our experience allows us to put the bigger estate planning picture into smaller, more manageable pieces
- We offer a small office approach that keeps estate planning on a personal and affordable level
- Our thorough, attentive service makes it easier for you to get started on successful estate planning
Other Services In addition to our estate planning services, we represent clients in the areas of: We also work closely with: Contact our office for a complementary consultation and find out how we can assist you with your estate planning and other legal concerns. Call us at 612.338.8927. Our office is centrally located near downtown Minneapolis, Minnesota, with free parking. Evening and weekend appointments are available. Spanish speaking clients are welcome. Hablamos Español. Press Law Office, PLLC 1421 Park Avenue South, Suite 101
Minneapolis, MN 55404
Phone: 612.338.8927
Fax: 612.343.0523
The estate planning attorneys at the Press Law Office, PLLC, represent individuals, married couples, domestic partners and small business owners throughout the greater Twin Cities metropolitan area, and Western Wisconsin, including Hennepin County, Ramsey County, the cities of Minneapolis, Edina, St. Louis Park, St. Anthony, Golden Valley, Plymouth, Minnetonka, Wayzata, Maple Grove, Bloomington, St. Paul, Maplewood, Roseville, and more.
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