G. Scott Hoke, P.A.
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Anoka-Champlin Estate Planning Lawyer Scott Hoke

Farm Succession Planning

If you have a family farm, you may be worried about how you will pass it along to the next generation without paying ruinous estate taxes.

With the right planning, it is possible to pass your farm on to future generations without losing most of its value to the government.

Options for your farm could include incorporation or establishing the farm as a limited liability partnership.

Depending on your individual situation, these could allow you to pass control and operation of your farm or ranch to your children or grandchildren over time—eliminating most or all of their potential estate tax liability.

Legal services in the northwest Twin Cities metro

G. Scott Hoke, P.A.'s estate planning services include business succession planning and wills, trusts, health care directives and powers of attorney for individuals. If you have a family-owned business, small business or family farm, attorney Scott Hoke has the experience to help you. He has been practicing law since 1983 and has the knowledge to handle a vast array of estate planning matters with ease and efficiency.

If you have an estate planning need you would like to speak about with attorney Scott Hoke, call the firm at (763) 712-3777 to arrange your consultation. Or, contact Mr. Hoke by e-mail and he will be in touch with you promptly. The firm is located in Champlin, near Anoka, Maple Grove and Elk River.

Minnesota Estate Planning Services

Have you considered the many benefits an estate plan can offer you and your loved ones? Scott Hoke provides estate planning services that help ensure that your property and assets are distributed according to your wishes. Just as important, careful planning can ensure that your wishes are followed in a medical crisis, or that an incapacitated loved one will be taken care of if you are unable to do so. Mr. Hoke can establish an estate plan appropriate to your unique situation, whether it is simple or complex:

  • Wills
  • Revocable and irrevocable trusts, including special needs trusts, QTIP trusts and Miller trusts
  • Advanced health care directives (often called "living wills")
  • Health care powers of attorney
  • Financial durable powers of attorney
  • Guardianships and conservatorships, which provide protection for people who are unable to make their own financial or health decisions. If you are concerned about a mentally ill, developmentally disabled, or elderly relative, such as someone who is showing signs of Alzheimer's disease or dementia, a guardianship or conservatorship may be advisable.

Business Succession Planning

G. Scott Hoke, P.A. can be a powerful resource for family-owned or other closely held businesses. Business succession planning is a critical look at a number of issues involved in partnerships and small companies. When the existing structure of a small business is changed by retirement, death or when one stakeholder decides to leave, it can lead to costly disruption in the business. 

Scott Hoke develops buy-sell agreements in advance of the event so that every stakeholder understands how the business valuation will be done and how ownership will be transferred. Such agreements can ensure the remaining partners and stakeholders do not encounter a dispute regarding the value of the company or their shares. In addition, Mr. Hoke can provide insightful counsel when your company develops other essential contingency plans.

Probate Administration and Litigation

G. Scott Hoke, P.A. also handles the probate of estates, either as the administrator or as the executor's representative. Estate administrators or executors are responsible for paying the estate's debts, notifying heirs, and distributing property to beneficiaries. If you have been named executor in a decedent's will, hiring an attorney to assist you can help you ensure that your responsibilities are met. Mr. Hoke also handles probate disputes involving disagreements such as will contests.

To learn more or to arrange your consultation, contact the firm today.


Champlin MN Real Estate Development Attorney Anoka Commercial Real Estate Lawyer Minnesota   

12201 Champlin Drive
Champlin, MN 55316-1930
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Phone: (763) 712-3777 | Fax: (763) 422-3838

Champlin, Minnesota attorney Scott Hoke represents individuals and businesses throughout the northwest Twin Cities metro area in communities such as Champlin, Anoka, Dayton, Ramsey, Coon Rapids, Brooklyn Park, Brooklyn Center, Plymouth, Osseo, Maple Grove, Rogers, Elk River, Monticello, Big Lake, Minneapolis and St. Paul.
Anoka County | Sherburne County | Wright County | Hennepin County | Chisago County | Washington County | Ramsey County

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The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.

Copyright © 2008 by G. Scott Hoke, P.A. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement.