Tag Archive for retirement assets

First Marriage: Should You Sign that Pre-Nup?

Pre-nuptial agreements are most commonly used, and probably make the most sense, when the persons contemplating marriage have children from a previous marriage and desire to protect the children’s inheritance. Pre-nups may also have merit when the net worth of the two parties are vastly different, or when one party has business interests that need protecting so that a later divorce doesn’t create havoc for the party’s business partners.

However, for most first marriages, a pre-nup may cause more harm than good. » Read more..

You Need a Power of Attorney Document Even if You Have a Trust

What can an agent named under a Minnesota Durable Power of Attorney document do that a trustee can’t do? » Read more..