Creating an estate plan is one of the most important and meaningful gifts you can give to yourself and to your loved ones. Choosing the right estate planning attorney to work with the first step toward creating your plan. At the German Law we are dedicated to helping our friends, neighbors, and associates in the Thief River Falls, Minnesota community with all of their estate planning needs and we would be honored to be chosen to help you create an estate plan that reflects your needs and wishes, both now and in the future.
Thief River Falls, Minnesota
Covering approximately six square miles, Thief River Falls, Minnesota serves as the county seat of Pennington County. As of the 2010 Census, Thief River Falls has a population of 8,573 residents.
Thief River Falls is named for the falls that can be found at the confluence of the Red Lake River and Thief River. Thief River, in turn, got its name from the Ojibwe phrase Gimood-akiwi ziibi, which literally translated means the “Stolen-land river” or “Thieving-land river.” As the story goes, a band of Dakota Indians were discovered in a secret encampment along the river by the Ojibwe. Because they were “stealing” the river, it became known as “Thieving-land river.” Eventually, the city of Thief River Falls sprang up in 1887 at the limit of navigation on the river. The city was officially incorporated in 1896 and flourished as a lumber-milling town. Later, the Great Northern and the Soo Line railroads turned Thief River Falls into a wheat shipping center. Today, the river and rails continue to contribute greatly to the local economy through tourism and shipping.
German Law in the Thief River Falls, Minnesota Community
The attorneys and staff at the German Law are proud to serve the residents of Thief River Falls and the surrounding area. We have devoted our practice to helping people just like you to create an estate plan that reflects their unique estate planning goals and objectives. Our own goal is to ensure that our friends and neighbors in the Thief River Falls, Minnesota community have an estate plan in place that helps manage and grow their assets, protect them and their loved ones, and provide for the people they care about after they are gone. We would be honored to help accomplish these goals for you within your estate plan.
Because estate planning is not something that is ever truly finished, creating ongoing relationships with our clients is important to us. Once you have an estate plan in place, that plan should be reviewed and revised throughout your lifetime as events transpire that should warrant changes to your plan. We hope to be there with you for all those important events to help ensure that your estate plan accounts for those changes. Marriage and/or parenthood, for example, may bring with it the need to include a trust in your estate plan along with incapacity planning strategies and probate avoidance tools. As the value of your estate grows, you may need to consider adding asset protection strategies into your plan. Your retirement plan will also need to be merged with your estate plan to ensure that the two plans work in harmony with one another. Finally, as you look toward your “Golden Years,” the need to include Medicaid planning and funeral planning to your comprehensive estate plan should be discussed.
At the German Law, we are committed to being with you throughout your life journey to ensure that you, your assets, and your loved ones are protected.