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
Minnesota Estate Administration
Is it Necessary to Hire a Minnesota Probate Lawyer to Close Out my Loved One’s Estate?
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?
Why Do You Want to Avoid Probate in Minnesota?
One of the main benefits of estate and trust planning is the avoidance of probate proceedings. But what does that mean? And why should you want to avoid probate in the first place? The main reason to avoid probate in Minnesota is simply that it’s a long, public, and costly process that could have … [Read more...] about Why Do You Want to Avoid Probate in Minnesota?
Strategies to Help Your Family Avoid Central Minnesota Probate Court After You Pass Away
Even those who don’t fully understand the probate process are pretty clear about the fact that they want to avoid it. As a Central Minnesota probate lawyer, I see so many cases where probate could have been shortened or avoided altogether if only people had more information. Probate is a legal … [Read more...] about Strategies to Help Your Family Avoid Central Minnesota Probate Court After You Pass Away
How Long Does It Take to Settle an Estate in Minnesota?
One of the most common questions asked when it comes to settling an estate in Minnesota is, “How long is this going to take?” The answer to that question is, of course, going to vary depending upon several factors. In some situations, Minnesota probate may just take several weeks or a few months; in … [Read more...] about How Long Does It Take to Settle an Estate in Minnesota?
When It Comes to Cryptocurrency, Estate Planning Is a Must!
You’ve most likely seen articles and news segments about cryptocurrency. The most popular form is Bitcoin, but there are several others on the horizon. What is cryptocurrency? For the uninitiated, cryptocurrency is a digital or virtual currency that uses cryptography for security, making it … [Read more...] about When It Comes to Cryptocurrency, Estate Planning Is a Must!
Here’s What REALLY Happens If You Don’t Have an Estate Plan in Place
What really happens if you don’t create a will, trust, or other estate planning documents and essentially keep your head in the sand? Any Monticello estate attorney will tell you, the honest truth is that you make things much harder, more costly, and more time-consuming for your loved ones if … [Read more...] about Here’s What REALLY Happens If You Don’t Have an Estate Plan in Place
Making Long-Term Care Insurance a Part of Your Estate Plan
Working with a Minnesota trust and estates attorney is an excellent way to prepare for the future and to protect the assets you want to pass on to your loved ones after you’re gone. A qualified estate planning lawyer will be able to offer you valuable advice, not only on setting up a will or trust, … [Read more...] about Making Long-Term Care Insurance a Part of Your Estate Plan
How to Create a Business Succession Strategy
Small businesses are the backbone of this country. They employ more than half of the domestic workforce and contribute greatly to the economy. 9 out of every 10 small businesses are family-owned. But most of those do not make it past the third generation of family ownership. Many small business … [Read more...] about How to Create a Business Succession Strategy