estate planning attorney Lakeville, Minnesota Estate Planning

Estate Planning Attorney

As an estate planning attorney at Betsy Larson Law, I provide my clients with estate planning services in a number of fields. Have you thought about what will happen with your estate when you are gone? It’s important not to wait or procrastinate on your will, given life’s unpredictability and uncertainty. Having a friendly and skilled legal advisor on your side to walk you through the will, trust fund, and estate planning services can save you and your family one huge headache down the line. Let’s take the ‘un’ out of uncertainty, and provide you and the ones you love with a strategy that can last long after you are gone.

While no individual wants to think about death or disability, establishing an estate plan is one of the most important steps you can take to protect your assets. Proper estate planning from an estate planning attorney or legal advisor not only puts you in charge of your finances, but it can also spare your loved ones of the expense, deferment, and vexation related with managing your affairs and assets when you pass away or become disabled. Why wait? Life is unpredictable, but that doesn’t eliminate the need to plan for the future. Are you willing to get started on a will? Betsy Larson Law is here to help with a number of estate planning services, at a fair and flat rate:

Estate Planning Services

Basic Wills

A basic will is a legal document that does a number of things: It gives your instructions and wishes as to how your assets and property are to be distributed after you die. It is a statement that must be written, signed, and witnessed in compliance with your state’s laws. It names your beneficiaries, the people you want to benefit from your assets, as well as details of your possessions. It allows you to choose an executor. A basic will allows you to choose a person to manage the distribution of your assets and allows you to choose a guardian for your children. Even if you are a young adult with few assets, you should have a will if you have children. Betsy Larson Law will ensure your estate is planned out the way you want your legacy to be left behind.

Wills with Trusts

A trust agreement is a legal document that spells out the rules that you want to be followed for property held in trust for your beneficiaries. The main reasons you would want a trusts is to reduce the estate tax liability, to protect property in your estate, and to avoid probate. We don’t want anything to slip through the cracks and cause a deferment or detainment of what rightfully is yours and your benefactors. Let me help you through the trust process.

Living Revocable Trusts

Living Revocable Trusts are an effective estate-planning tool for avoiding the costs and hassles of probate, preserving privacy, and preparing your estate for ease of transition after you pass. In a Living Revocable Trust, you can change the terms at any time, although some assets may not always be protected. As an estate planning attorney, I can help you navigate what you may want to protect in your living revocable trust.

Health Care Directives and Financial Powers of Attorney

The health care directive sets out how you should be cared for in an emergency or if you are incapacitated. Specifically, you can direct which treatments you want to receive and which you do not. Life-prolonging treatments like resuscitation are often addressed in a medical directive, as are directions regarding the quality of life and end of life treatments. You also may layout terms for the Power of Attorney, the person who you designate to determine to make medical or legal decisions on your behalf that are not listed in the health care directive.

Small Business Succession Plans

Proper small business succession plans start early, basing decisions solely on business needs and revisiting the plan as conditions change are the keys to a successful hand-off. You would benefit from the counsel of a skilled small business and estate planning attorney like myself to guide you through these steps.

Administering Probate of Estates

If you leave your estate to your loved ones using a will, everything you own will pass through probate. The process is expensive, time-consuming and can be open to the public. During this process, it is not unusual for the probate courts to freeze assets for weeks or even months while trying to determine the proper disposition of the estate. With proper guidance from an estate planning attorney like myself, your assets can pass on to your loved ones without undergoing probate, in a manner that is quick, inexpensive and private.

Estate Planning Pricing

Individual Will Package (Includes Will, Power of Attorney and Health Care Directive) $500.00
Couple Will Package (Includes Wills, Power of Attorneys and Health Care Directives) $800.00
Individual Trust Package (Includes Pour-Over Will, Trust, Power of Attorney and Health Care Directive) $700.00
Couple Trust Package (Includes Pour Over Wills, Trust, Power of Attorneys and Health Care Directives) $1,000.00
Probate/Administration of an Estate - $1,500.00 - Price may vary based upon complexity
Amendments to existing Estate Plans $50.00/per document

Trust Betsy with your Trust

Betsy Larson Law has the estate planning attorney expertise to help you and your family figure out the tough estate planning services in an easy and digestible way. Estate Planning can be stressful, focus on what matters and let me handle the difficult matters. Willing to get started on your will? Just fill out the contact form at the top of the page, or call or email me today at: 612-356-2870 or