It’s quite common to hear people complain about the pain of the probate system. Probate is commonly understood to be a long and expensive process, one that wastes time, money and energy. Though many people may be familiar with such common complaints, few understand how long the Minnesota probate process really lasts and how much it can…
Tag: Burnsville
Minnesota estate planning and probate tidbits | Several Important Celebrity Estate Planning Lessons
Minnesota estate planning is no different from estate planning done in other states and for other (famous) people. We’ve discussed some celebrity estate planning mistakes before, often using the high-profile cases as examples for what others should avoid doing. Recently, an article appeared in a California newspaper discussing some estate planning lessons learned from the stars….
Minnesota Probate Law | When is Probate Necessary?
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….
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 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 Estate Planning | Three Estate Planning Tools Everyone Should Have
The Wall Street Journal recently published an article concerning the most important estate planning documents that everyone should have prepared. The author of the piece noted how when many people hear the phrase “estate planning” they imagine wealthy oil tycoons and contentious probate battles, wrongly believing they don’t need to concern themselves with such matters….
How Does Probate Work In Minnesota?
How Does Probate Work in Minnesota? Read on. Probate can be a very confusing process. Many people are unfamiliar with how to probate an estate due to their lack of experience with the subject. In a lifetime, it is likely that a person will only be involved with the probate process once or twice, if ever. While your lack of…