A Series I bond is a non-marketable interest-bearing U.S. government savings bond. It's a low-risk investment that earns a variable inflation rate adjusted every May and November and an interest rate fixed for the bond's life. The non-marketable feature means you can't sell or buy it in a secondary … [Read more...] about Series I Bonds: Minnesota Probate Attorney Reveals What You Need to Know
A Personal Representative, or Executor, of an estate is simply the person who is designated to carry out the wishes set forth in the decedent's will. This person also has the responsibility of finishing up the decedent's final affairs, such as paying outstanding bills and taxes. A Personal … [Read more...] about What Does a Personal Representative Do? | Minnesota Probate Attorney
The probate process can seem daunting, especially when navigating the myriad of assets left behind by a loved one. While many assets pass through probate, some bypass this legal process altogether. Understanding this distinction is crucial for beneficiaries and personal representatives. Let's … [Read more...] about Understanding Exclusions: What Assets are NOT Part of the Probate Process? Insights from an Minnesota Probate Attorney
Dealing with outstanding financial affairs after the loss of a loved one can be extremely difficult. Our Minnesota probate attorney often hear from clients who would rather do anything else than think about money after their loved one’s passing. Unfortunately, death comes with expenses, … [Read more...] about Minnesota Probate Attorney: How to Claim Death Benefits After the Loss of a Loved One
Probate in Minnesota is a process in which a court decides whether a will is valid or not. It’s also legally required in most cases for the management and distribution of a decedent’s assets with or without a will. This definition suggests that if you skip probate, there’s no way to legally transfer … [Read more...] about Skipping Probate in Minnesota? Here’s What Will Happen.
Even if someone has a will in place, it’s still quite likely that his or her estate will need to be overseen by a good probate attorney in Minnesota. These professionals understand the incredibly complex process that goes along with closing out someone’s estate after he or she has passed … [Read more...] about Working with a Probate Attorney in Minnesota to Understand the Steps of the Process
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
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