Minnesota probate law and procedures govern how the probate process is conducted within the state. Below, I’ll provide an overview of some key aspects of Minnesota probate law and procedures: Jurisdiction: Probate matters in Minnesota are typically handled by the district court in the county where the decedent resided at the time of their death….
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Common Probate Issues in Minnesota
Common Probate Issues in Minnesota Should you ever find yourself opening a Minnesota probate law case in the land of ten thousand lakes and twenty winters, you may want to note a few particular parts to the process. It may cause some cash to be spent, and how the case is handled could be dictated…
Probate Takes a Long Time: Here is Why
Probate Takes a Long Time If the probate law case you’re working on is going swimmingly, that’s something to be proud of. There are countless ways that any such case can metaphorically run aground. The outlandish circumstances aside, and assuming that the appointed executor survives to complete the case, the following four sections might give…
Do You Need a Will in Minnesota?
Do You Need a Will in Minnesota? | Reasons Why You Need a Will Even if You Think You Don’t Though no one in your family might be prompting you to procure a will, you may still find one handy. Minnesota Wills surpass income brackets and assist people of all walks of life. As long…
Minnesota Power of Attorney
Minnesota Power of Attorney Minnesota Power of attorney is a very important estate planning document and helps Minnesota residents with financial transactions during someone’s lifetime. In essence, the power of attorney allows third-party to act on behalf of another person, for all manner of legal transactions. These transactions can include financial transactions, banking transactions real…
Benefits of a Revocable Trust in Minnesota
Benefits of Revocable Trusts in Minnesota As estate planning lawyers, we often have conversations with clients about the differences between wills and revocable trusts. This article will focus on benefits of revocable trusts in Minnesota. Some of the common reasons to use a revocable trust are: Avoiding probate Holding land or real estate Having spendthrift…
Validating a Will for Probate
Just because a will gets notarized doesn’t mean that it’s ready for Minnesota probate. You should know what kinds of concerns can be run into when validating a will so that it can be used during probate. More or less, there are two main factors which probate may check in the will, that it’s properly…
Funding Revocable Trusts in Minnesota
Funding Revocable Trusts in Minnesota Perhaps the primary thing that you should be cautious about using a revocable trust for is laziness. If you can transfer an asset now by means of an irrevocable trust, that may be the route to take. Revocable trusts are the kind of trust for the stuff that you still…
What is a Special Needs Trust in Minnesota?
Dealing with financial situations where not everything is covered by benefits can be difficult to navigate. Someone might not have all the assets to cover their living expenses, or they may not be able to have enough assets in traditional bank accounts to enable to cover their expenditures. Living with a disability can be a…
Putting Your Home in a Trust | Minnesota Law
Putting your home in a trust might sound like a good idea, and in most cases, it probably is for the best. So that you’re aware, though, of what that might entail for you, here’s a bit of an introduction to what you may need to go through and what might be the results. As…