As a part of the 2011 Minnesota Special Session Tax bill, the legislature enacted a Small Business and Farm property tax exemption. You can view the text of this bill here. What this exemption does is provide a Minnesota estate tax exemption for qualified small business and/or farm property. This exemption, combined, has a limit [...]
Quite often, I have clients come into our office and ask me this very question. And honestly, the answer is, “it depends.” There are a lot of useful tools out there to plan for distribution of your assets at the time of your death that are not a will, and often times, these tools take [...]
Here’s a little more information regarding the newest attorney in our office, Kelly A. Ketterer. Welcome Kelly! So why Cold Spring? Take one look at the traffic in the Twin Cities, and see why I would run screaming from the place! But more seriously, I am originally from a small town (Clear Lake, Iowa) and [...]