estate planning for farmers, business, retirees and homeowners.
Wills • Trusts • Probate • Real Estate • Related Litigation
At Pat Lowther Law we understand your estate represents the values and traditions you hold dearly. If you own family farmland, a family business, a home or cabin, then a well-crafted estate plan will help protect your assets from nursing homes, divorce, creditors, predators, probate, and death taxes. Our estate planning services will will help you create a fair family succession plan, divide wealth and land fairly between your children or heirs, and eliminate estate taxes in Minnesota.
We help you set up Revocable Living Trusts, Irrevocable Trusts where needed, Limited Liability Companies, General Durable Power of Attorney (for finances), comprehensive Health Care Directive (for medical decisions), and an up-to-date HIPAA Authorization which allows your family to talk to doctors in case of your incapacity.
Because we believe you should keep what you’ve earned, we give free, no-obligation educational workshops in Southwest Minnesota, Southeast Minnesota, and West Central Wisconsin. We make it our mission to help our clients understand how to protect their futures and legacies.
To learn more, give us a call at 651-345-3445 or register for one of our free educational workshops.
I want to know how to...
PRESERVE MY LEGACY
Create a plan to transfer your family farm or business. Trusts and Limited Liability Companies allow you to create rules for assets you pass on, helping you treat heirs fairly and continue your farm or business.
PLAN MY LONG TERM CARE
If you’re eligible, purchase long term care insurance, use tools like gifting to qualify for medical assistance, or create a financial plan for long term care expenses.
Keep lawyers, courts, and prying eyes out of your estate. A probate costs 2-3% of your estate’s value on average.* (Hachfeld, Bau, and Holcomb, 2011, University of MN Extension)
AVOID ESTATE & GIFT TAXES
Keep more of what’s yours with an effective estate plan. Trusts and Limited Liability Companies can help maximize your estate, gift, and capital gains tax exemptions, potentially saving you hundreds of thousands of dollars.