Michael J. Patchin

Michael J. Patchin, Partner

Assisted multiple generations of Northern Minnesota families with estate and succession planning, including:
-   Wills, trusts, powers of attorney, health care directives and titling of assets
-   Helping clients plan for long-term care and nursing home expenses

-   Represented many individuals and companies in connection with real estate transactions, including land purchases, sales, mortgages and other conveyances
 

With over 30 years of experience, Mike Patchin has helped hundreds of Northern Minnesota families plan for the future.  Oftentimes, securely and cost-effectively preserving assets for loved ones is of greatest concern.  Sometimes a sudden life change — the death of a loved one, a parent needs to enter a nursing home, a serious health issue — requires an immediate, well-informed plan of action to navigate the legal process. 

“People want to protect their assets for themselves and their loved ones,” said Patchin. 
 

Mr. Patchin’s goal is to assist clients in establishing an estate plan that:

1. Assures that the intended recipients receive their proper share
2. Reduces or eliminates liability for payment of nursing home expenses and taxes
3. Avoids unnecessary probate costs and other expenses and delays involved with the distribution of the client’s assets
4. While minimizing the attorney’s fees and costs in preparing the estate planning documents and implementing the estate plan
 
Mr. Patchin is AV-rated by Martindale-Hubbell, and a member of the Elder Law Section and Real Property Sections of the Minnesota State Bar Association.
 

Practice Areas
Probate, wills, trusts and estate planning, elder law, residential and commercial real estate, and corporate and small business law.
 

Mr. Patchin’s business practice focuses on entity review and creation, including corporations and LLC’s, buy-sell agreements and commercial real estate transactions.  Much of his work centers around real estate transactions.  In the course of his career, Mr. Patchin has assisted with many residential, recreational and commercial real property transactions, and mortgage transactions.
 

Education
University of Minnesota Law School, cum laude, 1976; University of Minnesota, B.S. in Business with high distinction, 1973.
 

Bar Admissions
1976, Minnesota State Bar Association
 

Michael J. Patchin
mjpatchin@colosimolaw.com
218-741-4500