Creating Trusts in Minnesota
When it comes to estate planning, minimizing taxes, protecting your assets and protecting your beneficiaries, creating a trust can help you meet those goals. Trusts are particularly helpful in providing assets to a person who receives government assistance. Trusts in Minnesota must meet specific guidelines and criteria to perform as intended. Rasmussen Law can help you create trusts that are legally sound and will stand up to legal scrutiny.
Real Estate Transactions
As part of your long-term estate planning and asset disposition strategy, you may choose to distribute assets throughout your lifetime. Some of these dispositions may involve real property, which can have considerable tax implications depending on the size of your estate. Before parting with any assets, contact Rasmussen Law to ensure your decision aligns with your estate planning vision and ultimate long-term goals.
Guidance with Probate Proceedings
Assets to be distributed following your death should be spelled out in your last will and testament, which Rasmussen Law can assist you with writing. Probate is the legal process of transferring a deceased person’s assets to their beneficiaries. Depending on your estate’s size and complexity, probate can be confusing and time-consuming.
Rasmussen Law has decades of experience with probate proceedings and can help your loved ones move through the process as fast and cost-efficiently as possible. Attorney Leif Rasmussen handles the probate process in both state and tribal court.
Assisting with All Your Legal Business Needs
At Rasmussen Law in Edina, Minnesota, we have spent over 30 years providing a wide variety of services to our clients throughout the lifecycle of their businesses. We offer legal advice and guidance about directors’ and officers’ liability, business dissolution, reorganization, divestitures and tax implications. Our many valuable services include:
- Business Mergers and Acquisitions
- Business Succession Planning
- Contract Formation and Review
- Franchise Analysis and Review
- Estate Planning
- Will Drafting
- Trust Creation Real Estate Transactions
- Tribal Business and Governance
If you require trust creation, real estate transaction guidance, legal representation for dispute resolution, or other business-related legal needs, contact Rasmussen Law in Edina at 952-354-8265 today.