The New Year is here and people across Minnesota are making their New Year's resolutions for 2018. While some may be looking to change a personal habit in their lives or to meet certain items on their "bucket list," in general, most New Year's resolutions deal with the here and now. However, one thing they may not think of, but that could affect not only their future, but the futures of their loved ones is estate planning.
Many people in Saint Paul have a favorite charity, whether it is a school, a museum, a hospital or a non-profit organization. In fact, Charity Navigator reports nationwide that, in 2016, almost $400 billion was given to charities. While some people simply write a check or give supplies to their favorite charity during their lifetime, others choose to set up a charitable trust to benefit their favorite charity after they pass on.