The Felhaber Larson Estate Planning Group has issued an important 2016 Estate Planning Update. This update advises all of us about critical changes in the Minnesota estate tax exemption, as well as the repeal of the Minnesota gift tax.
The Update also instructs us on Minnesota’s adoption of a new trust code modeled after the Uniform Trust Code adopted by thirty other states.
Finally, the Update features a comprehensive checklist designed to assist you in determining whether your estate plan should be revisited. A “yes” answer to even one of the twenty questions indicates that your plan is due for a check-up.
To access the Estate Planning Update and Checklist, please click here or the link at the top.
If you have questions or would like to discuss this further, please feel free to contact Barbara M. Kristiansson, Joshua C Hilger or Jacob L. Geiermann.