Are you looking for experienced trust lawyers in Minnesota? You found us.

Our Safe Harbor Estate Law team is dedicated to providing our clients with the highest quality legal services. Our trust lawyers have extensive experience in estate planning, tax planning, asset protection, and probate law.

We are skilled in creating, administering, and defending trusts. We understand the complexity of Minnesota trust law and can help you navigate the process to protect your assets and provide for your loved ones. With our knowledgeable and compassionate attorneys, you can rest assured that your trust is in good hands.

Contact a Minnesota trust lawyer today to learn more about how we can help you.

What Is a Trust and Why Do I Need One?

A trust is a legal document that outlines how a person’s assets are managed and distributed during and after their lifetime.

Trusts are generally created to provide long-term asset protection and help reduce estate taxes. Only certain trusts protect assets from Medicaid rules, for more information, see our page on asset protection. Trusts can also provide an efficient and private way to manage assets and ensure they are passed on to the intended beneficiaries.

Trusts can accomplish many objectives, including:

  • Avoiding probate
  • Protecting assets from creditors or poor financial decisions
  • Providing for minor children or persons with disabilities
  • Reducing estate taxes and income taxes
  • Managing and protecting assets when someone becomes incapacitated
  • Shielding asset transfers from the public eye

Trusts can be an excellent tool for managing assets and ensuring that assets are distributed in the desired manner.

The Different Types of Trusts

Several different types of trusts can be used to protect assets from creditors, avoid taxes, and provide for beneficiaries. Each type of trust has its own unique set of benefits and drawbacks.

Here are the most common types.

Revocable Trusts

A revocable (or living) trust is designed to be changed or revoked by the grantor (the person establishing the trust) during their lifetime. Revocable trusts are often used to avoid probate and to provide flexibility in managing assets.

The grantor can control how the assets are distributed and make changes to the trust if their circumstances change. Revocable trusts can provide some asset protection and protection from estate taxes for married couples.  .

Irrevocable Trusts

An irrevocable trust is a trust that cannot be changed or revoked by the grantor. Irrevocable trusts are commonly used to protect assets from the Medicaid lookback. They are a complex planning tool and are not recommended for every situation.

Since 2021, Minnesota recognizes that Medicaid Asset Protection Trusts can be used to shield assets from long term care expenses when applying for Medicaid after 5 years. We are experienced with Medicaid Asset Protection Trusts.

The disadvantage of an irrevocable trust is that you cannot change it after it is created, and the grantor has no control over how the assets are distributed.

Special Needs Trusts

A special needs trust is used to provide for a beneficiary with a disability or other special needs. These trusts provide for the beneficiary’s needs without disrupting any government benefits they may receive. A supplemental needs trust is similar and preferable and is created by a third party instead of the person with a disability. If you have a loved one on government benefits, we can help you create a supplemental needs trust to protect them.

Why You Need an Experienced Minnesota Trust Lawyer

When creating a trust, it is important to have an experienced trust lawyer help you. An experienced trust lawyer can help ensure the trust is properly established, administered, and managed.

Here are a few of the benefits of having an experienced trust lawyer help you create a trust:

  • Provide guidance on the best type of trust(s) for your needs
  • Advise on the best legal structure for your trust plan
  • Draft trust documents that are comprehensive and legally binding
  • Explain tax implications of the trust
  • Assist with the transfer of assets into the trust
  • Ensure that the trust is properly administered and managed
  • Represent your interests in disputes involving the trust
  • Ensure the trust complies with laws and regulations

Your attorney will be an invaluable asset in helping you create a trust that suits your goals.

Call Safe Harbor Estate Law today to get started.

Creating a Trust in Minnesota? Call Safe Harbor Estate Law Now.

If you are considering setting up a trust in Minnesota, now is the time to act.

A trust is a potent tool that can provide you and your family with financial security and stability for years to come. By working with a qualified trust lawyer, you can ensure that your trust is tailored to your financial goals and objectives.

At Safe Harbor Estate Law, our team of experienced trust lawyers is dedicated to helping you create a trust that is both legally sound and tailored to your individual needs.

Don’t wait—contact us today to discuss your trust needs and get started on the path to financial security.

FAQ: Minnesota Trusts

Who can be a beneficiary of a trust?

A beneficiary can be an individual, a charity, or an organization.

Can a trust be changed or revoked?

The grantor can change or revoke a revocable living trust at any time. An irrevocable trust cannot be changed or revoked without the trustee’s and the beneficiary’s consent.

What are the tax implications of setting up a trust?

Trusts may be subject to various taxes, depending on the type of trust and the assets held in the trust. It is important to consult with a qualified estate planning attorney to determine the tax implications of setting up a trust.

Do you still own the assets in a trust?

No. When you create a trust, you transfer ownership of the assets to the trust. The trust is the legal owner of the assets, and the trustee is responsible for managing them. However, you still benefit from continued use of the assets as normal (living in your home, driving your car, etc.)

Some have anxiety, others procrastinate,

but you still need to do what needs to be done to protect your family…

They are who really matter!!

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Guiding You Through The Process Of Protecting Your Family And Assets

The Four Cs - Our Unique Approach to Estate Planning in Minnesota

We care, and it shows. You’re not just a number to us. We listen, and we ask questions. We strive to improve our client’s lives every day.


Our firm goes above and beyond to make you feel comfortable throughout the process so you feel informed and confident every step of the way.


We help you leave a legacy that is smoother, less expensive, and less hassle for your loved ones with a plan that is uniquely tailored to your goals.


Our team is motivated to help you experience smooth sailing from start to finish so everything is done thoroughly and properly.

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Serving St. Paul, Greater Minnesota & Wisconsin

Estate Planning & Asset Protection Workshops

I attended a free seminar to learn about getting a Will. I learned so much more than I expected! I then hired Safe Harbor Estate Law to create a Will, POA and Trust. The process was very simple!

I highly recommend everyone to contact Safe Harbor to help you too!

— Cindy Olson
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