The Minnesota Electronic Wills Act

On March 30, 2023, Governor Tim Walz signed the Minnesota Electronic Wills Act, which, as the name sounds and as is discussed below, provides for the remote, electronic execution of ...

The Minnesota Electronic Wills Act

It’s Time to Check Your Beneficiary Designations

Many people hold a good portion of their net worth, including most of their liquid assets, in accounts that have designated beneficiaries. Because these accounts are considered “non-probate” assets, ownership ...

It’s Time to Check Your Beneficiary Designations

Probate Part III – When Probate Should Be Avoided

In part three of Smith Jadin Johnsons series on probate, this post discusses the scenarios when drafting a revocable trust as a client’s main estate planning device, and subsequently avoiding probate, makes the most sense. Depending on the type of estate, revocable trusts can be the preferred method of asset distribution for estates that are complex and for estates that require control over assets and/or privacy.

Probate Part III – When Probate Should Be Avoided

Probate Part 1: Is It a Four Letter Word?

For many people, when they hear the word “probate” it conjures up something to be avoided like the plague.  Most of that stems from misunderstanding the process and procedure. This is the first of a three part series in which Smith Jadin Johnson explains when probate is appropriate for clients and when it should be avoided.

Probate Part 1: Is It a Four Letter Word?