Estate Law | Administration | East Grand Forks, MN

EAST GRAND FORKS, MN 218-773-6841

MINOT, ND 701-838-0838

Hammarback & Scheving, C L.C. | Lawyers - East Grand Forks, MN

Providing experience, knowledge, and expertise to represent your best interests

Design-element long Estate law Tax planning

All About Estate Planning and Administration

Estate planning and administration is an important legal responsibility for everyone from property owners and parents to newly married or divorced couples. Updating your last will and testament will ensure that your final wishes are appropriately followed after your passing. At Hammarback & Scheving, P.L.C., we will gladly work with you as you navigate the oftentimes tricky legal waters of estate planning and estate administration. We make it easy for you to set up your wealth and property to be distributed according to your wishes. We can also help you to eliminate or lower your estate taxes by developing strategies to help avoid probate.

Who gets what?

How and when do they get it?

What tax issues pertain to you?

What impact will nursing home expenses have on your plan?

 

You need experienced lawyers to work with when it comes to proper estate planning. If not properly done, it may cause your loved one's hardship in enacting your will upon your passing. At Hammarback & Scheving, P.L.C., we have the experience you need to create the documents that will make your loved one's transition period as easy as possible from the legal standpoint.

 

Hammarback & Scheving, P.L.C. has worked with:

•  Business owners seeking to gradually relinquish control to a new generation

•  Clients who want to benefit their families or community

•  Employees who are contemplating business ownership

•  Individuals looking for ways to pass on their assets while minimizing taxes

•  Parents concerned about providing for their children

 

Asset protection is something which everyone can benefit from. Hammarback & Scheving, P.L.C. has the experience you need to help protect and build your assets. We can work with personal accounts and also business accounts. Our lawyers are very versatile and can help create many different types of wealth protection strategies based on their client’s individual needs and requirements. Proper asset creation and protection can aid families and businesses in the event of an unforeseen financial tragedy.

 

Without creating the right strategy and safeguards, years of hard work and success can be at risk. Our lawyers are committed to protecting our clients from potential financial crisis.

 

Hammarback & Scheving, P.L.C. serves its clients in the following areas:

Things to Consider:

  • Charitable Trusts

  • Conservatorships

  • Disinheritance

  • Estate and Trust Administration

  • Financial Powers of Attorney

  • Gifting

  • Guardianships

  • Estate Tax

  • Joint Tenancy

  • Life Insurance Trusts and Related Planning

  • Living Trusts

  • Living Wills

  • Medicaid/Medicare

  • Medical Powers of Attorney

  • Powers of Attorney

  • Prenuptial Agreements

  • Private Foundations

  • Probate

  • Resolution of Family and Business Differences

  • Retirement Planning

  • Succession Planning for Family-owned Businesses

  • Tax Issues

  • Tax Reduction Strategies

  • Trusts

  • Trust Termination

Estate Planning and Administration

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