Keeping the Cabin, Farm or Real Estate in the Family
Adult Enrichment / Personal Finance -
The division of Mom and Dad’s estate can lead to bitter battles between the children and even grandchildren and impact their relationships forever. When the next generation deals with these important family legacy assets questions and issues often arise: Who will pay the taxes? What if one family member uses it more or does all the work? Who pays for what? How can I ensure my children receive equal inheritance? What effect will estate taxes have? What about Medicaid and the Nursing Home – how can we lose these properties without taking action?
Get the answers to these and other questions and learn how to keep the cabin, business, farm, or other important family legacy property in the family without driving the family apart. **This is a live zoom class--a link will be sent out 1-2 days prior.**
Steve is a founding member and partner of Blaney & Ledin. Ltd., a small business and estate planning focused law firm based in the east metro area. Steve cut his legal teeth with his start in the legal profession at Moore, Costello & Hart PLLP, a twin cities based law firm that laid claim to being the oldest law firm in the State of Minnesota, founded in 1855. In 2007, Steve and his fellow law firm partner Jim Blaney formed Blaney & Ledin to enhance their specialization and representation of the legal interests their small business and estate planning clients.
Steve practices extensively in the areas of estate planning and corporate transactional law and provides legal advice to startup and developing companies, as well as mature small to medium sized companies. His services in estate planning services cover a wide spectrum of clients varying in estate size, value, and complexity from young couples starting a life together, up to large well-established estates of significant value and complexity. In the transactional business area he provides services on a wide variety of legal matters including business formation; mergers and acquisitions; buy-sell agreements; contract review and negotiation, real estate purchasing/leasing; and business succession. He works with dozens families and active businesses of a wide variety on a daily and weekly basis.
In addition to Steve’s skill, expertise and experience as a business attorney, his entrepreneurial spirit and extensive business operational experience also serves as a draw for his clients. Steve’s entrepreneurial experience began in the 1980s with his extensive Burger King operations. In fact, it was his Burger King business experiences that triggered the desire to attend law school at William Mitchell College of Law. Steve graduated with a Juris Doctor (Magna Cum Laude) in 1997, after graduating from Saint Cloud State University and Macalester College with a Bachelor of Arts-Political Science (Summa Cum Laude).
Today, Steve is the owner/proprietor of a number of active businesses and is the proud Co-Founder and Chair of the Board of Lowertown Hospitality Group, a restaurant holding company that includes Red Savoy Pizza franchises.
Steve serves on the boards of a number of closely held companies and Minnesota non-profit corporations. Steve is an active participant in numerous associations and organizations including the Midway Chamber of Commerce, East Side Area Business Association, Small Business Connections, TouchPoint Resource Pool, as well as state and local professional and trade organizations.
Steve lives in the east metro area with his wife Dawn, a professional florist, and his 13 year old black lab Bob.