If you you need help understanding whether a Minnesota probate is necessary, please do not hesitate to contact the law firm. The firm has experience with Minnesota probate law and is located in Dakota County, Minnesota. The firm regularly represents clients throughout Minnesota cities such as Eagan, Apple Valley, Burnsville, Farmington, Lakeville, Inver Grove Heights and other areas in Dakota County….
Author: Flanders Law Firm LLC
Minnesota Wills & Trusts | Newlyweds And Minnesota Estate Planning
If you have just gotten married or are about to, the last thing you likely want to contemplate is death. After all, such a happy time shouldn’t be marred by such unpleasant thoughts, right? Though no one enjoys thinking about end-of-life matters, like Minnesota estate planning, it’s much better to tackle some of these concerns early on…
Minnesota Probate Omitted Property | What to do with found money after the estate is closed?
I’ve asked numerous times by clients to reopen a previously administered Minnesota probate estate when new or “missing” assets have been found. For instance, it is common for a person may find stock certificates or money such as dividends from stock plans in someone’s estate. Perhaps the personal representative of the estate wasn’t aware of the problems…
Minnesota Probate Law | Should I be Afraid of Probate?
It is almost a universal maxim that everyone wants to avoid probate. My question for this article: what if everybody is wrong? In my opinion as a Minnesota probate attorney who has been practicing for a number of years, probates are not necessarily such a bad of thing. What exactly does Minnesota probate mean? Probate is simply a process set up by…
Minnesota Wills and Trusts | The Value Of A Living Trust & Lou Reed’s Estate
Lou Reed, lead singer and guitarist for the group The Velvet Underground, died after a long battle with liver disease late last year at the age of 71. As a celebrity who valued privacy, little was known at the time about his financial condition, net worth or estate planning decisions. That’s all changed now that…
Minnesota Transfer on Death Deeds
When doing Minnesota estate planning, a person may draft what is called a transfer on death deed which will transfer the title to that person’s home or other real property to their chosen beneficiaries. That transfer on death deed is a very effective as an estate planning tool to avoid probate. What to know about Minnesota Transfer…
Minnesota Probate Law | Who Does the House Go In a Probate?
In my mind, as a practicing Minnesota probate lawyer, perhaps the most common reason that probates are required in a deceased person’s estate is their ownership of a parcel of real property – otherwise known as their home. In many instances, the home or other property may have existing loans or mortgage on it. This means that…
Minnesota Probate Law | Is Probate Such a Bad Thing?
Probate is the process in which a court (or possibly a referee in Minnesota) makes a decision about a deceased person’s assets and debts – which are in that deceased person’s name only. A Minnesota Probate is not necessarily a bad thing, but it can be avoided and it is expensive. Often, probates are not necessary if,…
Minnesota Probate Law | Payment of bills of the estate
We decided to make a short post on a new article we wrote which specifically answers a common question received from clients. Many new personal representatives (executors) of their parent’s estate, simply do not know where to start. Paying estate bills can be very confusing and if you have questions you should speak with a…
Minnesota Wills and Trusts | Women and Estate-Planning
Though Minnesota estate planning seems like something that would affect everyone equally, and that’s certainly true, there are unique concerns faced by some women that warrant a quick discussion. A recent article by CBS MarketWatch explored some of these issues and we’ll go through some of the advice targeted specifically at women now. First things…