MN Estate Planning | Should You Get a Trust? Minnesota Trusts are funny little things. You’ve most likely heard them tossed around in the same sentence as wills and estates, but you might not be sure if having one is really advantageous to estate planning. This article aims to tackle that issue head on. Before…
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Going Through Probate Without a Will | Minnesota Law
Ideally, everyone would be born with a will which would automatically adjust to their estate assets and heart’s desires. Such is not the case. Wills may need to be updated often to account for incoming assets and changing families. Passing without a will or a trust remains a regular circumstance. Thankfully, there’s an answer to…
MN Wills and Trusts | Do I need a lawyer for estate planning?
Why You Need a Lawyer for Estate Planning You probably know your estate relatively well. Or perhaps there are a few details that are a little bit fuzzy. Regardless of what you know about your estate itself, you still need a lawyer to help you plan out your Minnesota estate. There’s a lot more to…
Tax Identification Numbers | Minnesota Trusts and IRS
Taxes and Minnesota Trusts Many new estate planning clients have lots of questions about taxes. After all, who wants to pay taxes? Mainly, people want to know how to avoid taxes when they die. Although there are a number of tax planning “strategies” that can be discussed in every new estate planning consult, it is…
Minnesota Requirement to Probate a Will
Questions about the Minnesota requirements to probate a Will? Read on for an article of what exactly this Minnesota “probate” process is, what it entails, and what the requirements are. Minnesota, like many other states, relies upon it’s own particular version of The Uniform Probate Code. What is this code? Basically, it is a uniform,…
Minnesota Estate Planning | Do I need an estate plan?
Do you need estate planning? Estate planning is not only for the rich. It’s also for everyday individuals who are getting ready for whatever life might have for them. While estate planning isn’t a required part of life, it makes things easier in the long run for your loved ones. Thinking that estate planning is…
Minnesota Revocable Trust Administration | Should You Have a Trust?
Should You Have a Trust? Trusts are funny little things. You’ve most likely heard them tossed around in the same sentence as wills and estates, but you might not be sure if having one is really advantageous to estate planning. This article aims to tackle that issue head on. Before you even search for a…
Estate Planning Mistakes People Commonly Make
Proper Preparing No one likes making intentional mistakes. If we could prevent all possible mistakes, we probably would. We have life insurance and medical insurance readily available. On a separate note, when we pass from this life, we probably want to leave a part of us behind in memoriam, something for our relatives and loved…
Will Contest Law in Minnesota | Estate Litigation
Questions about Will Contest Law in Minnesota? Our office receives numerous telephone calls every month from people who are upset about what their sibling or relative is or is not doing about a deceased person’s estate. Our answer? Be careful. Be quick. Although the answer is complicated and depends on the facts of each case,…
Who Gets the Estate of There is no Will? | Minnesota Table of Heirship
Minnesota Table of Heirship In most cases, the heirs of an estate – when there is not will – are the living relatives of the deceased. Most non-lawyers understand this. However, most non-lawyers do not understand exactly which relatives come first. Additionally, the surviving spouse has very significant rights under Minnesota law. We will discuss…