The firm’s estate planning team represents individuals (including professionals), closely held businesses and small companies with regard to estate planning, tax, and business succession issues. Areas of focus within the section include wills, probate, trusts, long-term care planning, charitable and planned giving, retirement planning, executive compensation, and tax considerations.
If you would like us to contact you for a free estate planning analysis and an estimate of the costs involved, please fill out our estate planning questionnaire and one of our estate planning attorneys will contact you to discuss our initial recommendations. Let us know if you prefer to be contacted by e-mail or telephone. Please remember, however, that simply filling out this form and sending it to Lommen Abdo does not create an attorney client relationship. You must talk with one of our attorneys (see names and contact information below) to establish that relationship. We look forward to discussing your estate planning needs.
For more information on issues to consider, review our Estate Planning Checklist, Frequently Asked Questions, Estate and Gift Tax Exemption Chart or Financial Planning Questionnaire.
For a brief overview of whether you should consider a will or revocable trust for your estate plan, see Wills vs. Revocable Living Trusts. Please also visit www.minnesotaestateplanningattorney.com.
See our letter to clients regarding health care directives and the Terri Schiavo case. We have a customized form available for our clients.
Parents and others planning for college or post-high school education can find out more about tax-favored education savings opportunities.
Section members are recognized by their peers for their abilities and contributions in the practice area:
- members have been on the Super Lawyers® list and “Leading American Attorneys,”
- others have been certified as real estate specialists.
The section is backed by experienced business operations attorneys and litigators. In addition, Lommen Abdo’s appellate department regularly appears before the Minnesota and Wisconsin state and federal appellate courts, including the Seventh and Eighth Circuit Court of Appeals and specialty courts such as the tax court.
We would be pleased to answer any questions you may have about the services of our Estate Planning attorneys. Any questions may be directed to:
In Minnesota:
Karen Schlotthauer at 612-336-9324 or karen@lommen.com
In Wisconsin:
Glenn Kessel at 612-336-9338 or glenn@lommen.com
or any of the attorneys in this practice area pictured below.
Additional Information:
Minnesota Enacts a New Gift Tax and Revisits Estate Tax Provisions - Effective for gifts made after June 30, 2013, Minnesota residents making gifts in excess of $14,000, or $28,000 if married and gift splitting (the 2013 federal gift tax annual exclusion amount), will be subject to a new gift tax at a flat rate of 10%. The new law also revised the Minnesota estate tax calculation, effective for deaths occurring after December 31, 2012.
Estate Planning for the Entertainer or Athlete - Appearing in the American Bar Association's "Entertainment & Sports Lawyer," by Tim Matson, Lommen Abdo intellectual property attorney, and Scott Nelson, estate planning attorney
Estate Planning Checklist After 2010 Tax Act
2010 Changes to the Federal Estate, GST, and Gift Tax Law
Estate Tax Repeal: Good News or Bad News? - Congress very unexpectedly let the federal estate tax die for 2010. The public and the experts are confused about what it all means, but it may have implications for how your estate is distributed. The current situation is a huge mess which creates uncertainty for those with large estates.
Health Care Legislation - On March 23, 2010, President Obama signed a comprehensive health care reform bill (H.R. 3590) into law. On March 25, Congress passed the Reconciliation Act of 2010 (H.R. 4872) which modifies H.R. 3590. The new health care legislation includes The Community Living Assistance Services and Supports (CLASS) program , which is a voluntary long-term care insurance program to provide coverage to purchase supports and services in the community. It does not cover nursing home care, and it is not effective until January 1, 2011.
AICPA Financial Decisions Guide - Life can change quite suddenly and unexpectedly. Decision-making during these stressful and vulnerable times can be difficult and many times the decisions required can have far–reaching impact. The key is knowing the issues and having a plan in place before the unexpected happens. This guide from the American Institute of Certified Public Accountants helps consumers understand the issues as they prepare to work with their advisors.
Charitable Remainder Trusts
Family Partnerships
Generation-Skipping Tax
Deductible Charitable Contribution Requirements
Medical Assistance Rules
Tips for Charitable Giving
Trusts Commonly Used for Estate Planning
What is a Supplemental Needs Trust?
Qualified Personal Residence Trust (QPRT)
How to Transfer the Family Cabin
Life Estates - Tax and Financial Issues
Methods for Distributing Personal Property
Duties as Personal Representative