Estate Planning, Trusts And Probate
Our legal team at Thomason, Swanson & Zahn, PLLC, understands that it’s not always easy to think about how your property will be distributed after your death, or about health issues related to the end of life. We have helped families in the Park Rapids and Hubbard County area with decisions related to wills, trusts and estate planning for years. We will help you avoid confusion and present you with options that make sense for you, no matter what stage you are at in your life.
Managing Wealth With Estate Planning Tools Like Wills And Trusts
You have worked hard throughout your life. We want to make sure your assets and wealth gets distributed to your loved ones exactly the way you want it to, in a way that works best for your circumstances. We also want to make sure that if you become unable to make decisions, there is a plan in place to manage your health care. We use a number of estate planning tools to accomplish this, including:
- Asset transfers and protections
- Powers of attorney
- Health care directives
We can provide assistance with any special issues relating to veterans’ benefits. We also can help you plan for medical assistance. Our legal team will also prepare your estate plan while keeping an eye on estate taxes to minimize any potential estate tax consequences as efficiently as possible. In addition, our business law attorneys can assist with business succession planning for your small business or company.
When Probate Court Is Necessary
If you have lost a loved one and find yourself uncertain how to wind up their affairs, pay their debts, or file the necessary taxes, our estate plan and probate attorneys can help with a probate administration, trust administration and/or a re-titling of assets that are not subject to a probate or trust. Our extensive experience in the area of probate/trust administration services includes:
- Court filings
- Preparing an inventory and/or accounting
- Dealing with difficult or troublesome heirs/beneficiaries
- Acting as a liaison between financial advisers and/or accountants
We understand that this process can be time-consuming and especially difficult while grieving the loss of your loved one. You do not need to go through this process alone, our compassionate legal staff can assist.
Minnesota Guardianships And Conservators
Guardians and conservators are appointed by the court to make decisions on behalf of those who need assistance. A guardian has the authority to manage care and make medical decisions and assist with where the person should live. A conservator has the authority to manage the person’s finances.
We provide services in the following areas:
- Establishment of guardianships and conservatorships
- Representation of guardians and conservators in court proceedings
- Representation of persons for whom guardianship/conservatorship is being sought
- Restoration to capacity and termination of guardianships and conservatorships
- Successor guardianship and conservatorship proceedings
- Compliance and preparation of required annual court reporting documents
The process of establishing guardianship/conservatorship can be complicated and highly personal, and our experienced attorneys are here to walk you and your loved ones through the process.