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Estate Planning & Elder Law Attorney Duluth, MN

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Home / Archives for estate planning

estate planning

Estate Planning Reduces Stress During High Anxiety Times

December 7, 2021 by Yvonne Novak

During times of high stress such as tragedy or emergency, we tend to feel helpless. This article explores how a comprehensive estate plan helps reduce anxiety in uncertain times. Read on to learn more. … [Read more...] about Estate Planning Reduces Stress During High Anxiety Times

Filed Under: Estate Planning, Legal Education Tagged With: attorney, consumer, estate planning, guardianship, Health Care Power of Attorney, living trust, probate, Property Power of Attorney, revocable trust, will

It’s Important to Have a Coordinated Estate Plan

November 18, 2021 by Yvonne Novak

There are many parts to an Estate Plan. The Revocable Trust is just one part. It’s important to coordinate the various parts of the Estate Plan. Read on to learn more. … [Read more...] about It’s Important to Have a Coordinated Estate Plan

Filed Under: Estate Planning, Legal Education Tagged With: attorney, beneficiary designations, consumer, estate planning, joint tenancy, POD, revocable trust, TOD

Dangers of Do-It-Yourself Estate Planning

November 5, 2021 by Yvonne Novak

Occasionally, those who are not Estate Planning attorneys will attempt to do their own Estate Planning. Perhaps they’ll go online and get a document to use. Unfortunately, Estate Planning is about far more than a cookie-cutter document. Read on to learn more. … [Read more...] about Dangers of Do-It-Yourself Estate Planning

Filed Under: Estate Planning, Legal Education Tagged With: attorney, consumer, Do-It-Yourself, estate planning

Staying Current is Especially Important in the Pandemic

November 4, 2020 by Yvonne Novak

A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions. During the COVID-19 pandemic, it’s important to have them up-to-date. Read on to learn more. … [Read more...] about Staying Current is Especially Important in the Pandemic

Filed Under: Estate Planning, Legal Education Tagged With: Advance Directive, Covid-19, estate planning, Health Care Power of Attorney

Economic Fallout from Coronavirus May Provide Opportunities

May 20, 2020 by Yvonne Novak

Economic Fallout from Coronavirus May Provide Opportunities

COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. While healthcare systems have fought the virus, economies have been hurt by the social distancing required to combat the virus. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more. Read on to learn more … [Read more...] about Economic Fallout from Coronavirus May Provide Opportunities

Filed Under: Estate Planning, Legal Education Tagged With: Coronavirus, Covid-19, estate planning

Planning for the Sandwich Generation

May 2, 2020 by Yvonne Novak

Planning for the Sandwich Generation

The Sandwich Generation is torn between caretaking responsibilities for their minor children and their elderly parents. But first, they need to make sure they take care of themselves. Read on to learn more. Planning for the Sandwich Generation … [Read more...] about Planning for the Sandwich Generation

Filed Under: Estate Planning, Legal Education Tagged With: estate planning, powers of attorney, Revocable Trusts, Sandwich Generation

Beneficiary Designations and Other Non-Probate Transfers

April 28, 2020 by Yvonne Novak

article

Many of us are surprised that our assets may not go to those named in our Will. However, if you have assets controlled by beneficiary designations or other non-probate transfers, that’s the case. Read on to learn how a Will might not control all your assets. Read on to learn more. … [Read more...] about Beneficiary Designations and Other Non-Probate Transfers

Filed Under: Estate Planning, Legal Education Tagged With: bank accounts, brokerage accounts, estate planning, IRA, life insurance, retirement plan

Best Places to Retire: State Taxation

April 23, 2020 by Yvonne Novak

Best Places to Retire State Taxation

You owe federal income tax wherever you live.  But your overall tax burden can vary dramatically depending on where you live.  Read on to learn more. Best Places to Retire: State Taxation … [Read more...] about Best Places to Retire: State Taxation

Filed Under: Estate Planning, Legal Education Tagged With: estate planning, social security, state income tax

Whom Do You Want to Get Your Assets?

April 16, 2020 by Yvonne Novak

whom-do-you-want-and-joint-tenancy

Most of us have an idea whom we’d choose to receive our assets at our death.  But often we don’t contemplate what should happen if the people whom we’ve selected die before us.  Read on to learn more about contingent beneficiaries. Whom Do You Want to Get Your Assets?   … [Read more...] about Whom Do You Want to Get Your Assets?

Filed Under: Estate Planning, Legal Education Tagged With: beneficiaries, estate planning, ultimate

Shrunken Asset Values Open Estate Planning Opportunities

April 7, 2020 by Yvonne Novak

Economic Fallout from Coronavirus May Provide Opportunities

COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. Not only has COVID-19 been challenging healthcare systems, but the social distancing required to combat the virus has also rocked financial markets. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more. … [Read more...] about Shrunken Asset Values Open Estate Planning Opportunities

Filed Under: Estate Planning, Legal Education Tagged With: Coronavirus, Covid-19, estate planning

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Law Office of Yvonne Michaud Novak

Law Office of Yvonne Michaud Novak
202 West Superior Street, Suite 303
Duluth, MN 55802
United States (US)
Phone: (218) 720-2888
Fax: 866-366-7695

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