Category: Estate Planning

Power of Attorneys: Explained & Simplified

We have all heard of Powers of Attorneys.  But are we really aware of what they are, what they do and even how many of them exist?  We have Power of Attorneys for finances and Power of Attorneys for healthcare issues.  Does it matter if I have a “Short Form Power of Attorney” instead of [..]

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Do You Have the Wrong Power of Attorney?

If you have ever consulted with your financial advisor or estate planning attorney you have probably heard the phrase “Will Package”. A Will Package typically refers to a Will, Healthcare Directive and a Power of Attorney offered at a discount if purchased at one time. Some attorneys have recently added a fourth document to the “package” called a [..]

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Who’s Going to Get Your Boat?

In Minnesota, we love our boats. With 15,000 lakes to choose from it’s no wonder that in 2014 Minnesota ranked # 2 in boat registrations in the country (and no, Alaska isn’t 1st—it’s actually Florida).  Minnesota has 809,000 boats registered!  The boats come in all forms—ski boats, power boats, cabin cruisers, yachts, sailboats, pontoons and, [..]

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The Stealth Benefit – VA Pensions

© Field Law, P.A. 2015 Many veterans remain unaware today that if they have served their country during past “periods of war” they may be entitled to a pension from VA. No personal notice is ever sent to veterans advising them of this pension benefit so finding out about it is purely left to chance. [..]

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Transferring Real Estate without Going Through Probate

It wasn’t too long ago that one could easily say the largest asset in one’s estate was their home. However, with the significant downturn in the markets seven years ago many lost significant equity in their home to the point of even seeing their home go ‘upside down’, a phrase used to indicate owing more [..]

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