Offering Individuals, Couples, Domestic Partners, Families and Small Business Owners Practical Estate Planning Solutions
For over twenty years, the Press Law Office, PLLC has been dedicated to offering outstanding legal
representation to individuals, married couples, domestic partners, families and small business owners living in the Twin Cities
metropolitan area. Our firm is proud to offer our clients a broad-based foundation of estate planning experience and knowledge.
Estate Planning
- Estate Planning Documents:
Wills, Trusts, Health Care Directives and Financial Powers of Attorney
- Guardianship/Conservatorship
- Elder Law (Financing Long-Term Care)
Estate Planning Documents Wills
Wills are the fundamental document of an estate plan. A will makes your wishes known regarding your assets (bank accounts,
brokerage accounts, stocks, bonds, mutual funds, real estate, etc.) when you die. It's also the document that expresses
your wishes for deciding who will care for your children if you die before they reach age 18.
Trusts
Wills with tax planning trusts can help you plan for estate taxes.
In Minnesota, you will owe estate taxes if you die owning assets over $1,000,000.
Although you may think the Minnesota estate tax may not apply to you, if you add up the value
of your home, cabin, retirement plans, life insurance and all of your other assets, you may be surprised by the total
value!
On the federal side, for the years 2011 and 2012, the estate tax exemption is $5,000,000 for individuals and
$10,000,000 for married couples. Under current law, on January 1, 2013, the federal estate tax exemption is scheduled to
decrease to $3,500,000 per individual.
There are many other types of trusts, each addressing a different estate planning need. There are living
revocable trusts, irrevocable life insurance trusts and special and supplemental needs trusts. A consultation with us can help you
decide if one of these trusts is right for you.
Health Care Directive A Health Care Directive gives your spouse, adult child, other relative, trusted
friend or domestic partner the authority to take care of health care matters on your behalf if you become mentally or physically
unable to do so. A Health Care Directive makes your wishes clear to your family, health care providers and the courts.
Power of Attorney
A Power of Attorney, sometimes called a Financial Power of Attorney, gives your spouse, adult child, other relative, trusted
friend or domestic partner the authority to take care of legal and financial matters on your behalf if you become mentally or
physically unable to do so.
Guardianship and Conservatorship
If you have a family member who is no longer able to manage his or her affairs, a guardianship may be needed. A guardianship
is established through a court proceeding where a referee (judge) hears evidence and determines whether the guardianship is needed.
A guardian decides where the incapacitated person (ward) lives, makes medical decisions on his or her behalf and controls
personal belongings.
If the family member has financial assets in need of protection, the referee (judge) may also appoint a conservator.
Contact us for a complementary consultation and find out how we can assist you with your estate planning and
related legal concerns. Call us at 612.338.8927. Our office is conveniently located in St. Louis Park, Minnesota. We provide free parking. Evening and
weekend appointments are available.
Press Law Office, PLLC
Associated Bank Building
5353 Wayzata Blvd,
Suite 606
St. Louis Park, MN 55416
Phone: 612.338.8927
We represent individuals, married couples, domestic partners and small business owners
throughout the greater Twin Cities metropolitan area.
We accept 
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