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…
Tag: Eagan
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 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…