Inheriting any assets from someone’s estate could benefit a person financially. However, it can also create some challenges. Cash and stock inheritances come with various advantages and disadvantages. Although they provide the funds someone might need to pay necessary expenses or grow their … [Read more...] about Is it Better to Inherit Stocks or Cash?
Minnesota Estate Administration
If you’ve ever lost a loved one, chances are you’ve had a few run-ins with the probate court. The goal of the probate process is to help the family of the deceased administer their estate and close out their final affairs after death. If he or she has a will, probate is a time when the courts … [Read more...] about Simple Steps To Avoid Probate In Minnesota
Have you ever wondered what is the worst that can happen if you become incapacitated or pass away without an estate plan in place? If you have, you’re not alone. This is actually a common question our clients ask us, especially from those in close-knit families who believe that their kids (or … [Read more...] about “What’s the Worst That Can Happen If I Become Incapacitated or Pass Away?”
If you have suffered the loss of your life partner, my heart goes out to you: few things in this world are quite as devastating. As a Minnesota probate lawyer, I know grief can debilitate, and the ‘to-do’ list in the immediate aftermath can seem impossible to manage. Please understand: you … [Read more...] about What Happens If Your Partner Passes Away?
When done properly, an estate plan affords peace of mind to those creating it and leaves behind a legacy for their descendants. But, sometimes estate planning can go awry – and it’s usually due to eccentricities held by either the creators of the estate plan, the beneficiaries, or both. To give a … [Read more...] about Monticello Estate Planning Lawyer Outlines The 5 Most Infamous Estate Planning Battles
If you are serving as the Personal Representative or executor of someone’s will, one of the most important tasks you will need to do is to complete an inventory of the decedent’s estate. This could feel like an overwhelming process, especially if the deceased person had a lot of assets. However, … [Read more...] about What You Need to Know about an Estate Inventory
Losing someone you love is one of the most emotionally challenging experiences a person can have. Even if the person was older, such as an elderly parent or grandparent, the event can still come as a shock. Even so, there are always necessary steps to take to ensure that your loved one’s … [Read more...] about My Loved One Just Passed – What Do I Do Next? | Minnesota Estate Planning Lawyer
Losing a loved one is an emotional and life-changing experience. You might be tasked with the responsibility of settling the estate while also grieving your loss. It can be a challenging time in anyone's life. However, it becomes complicated when you must go through probate for out-of-state … [Read more...] about Minnesota Estate Lawyers Offer Tips for Handling an Out-of-State Probate
Most individuals are unfamiliar with the term "probate" until a loved one dies. At that point, they might be shocked to learn that they'll have to contact the local courts to begin the process of closing out their loved one's estate. This process can be daunting, especially if you're unfamiliar with … [Read more...] about Is it Necessary to Hire a Minnesota Probate Lawyer to Close Out my Loved One’s Estate?