What does the term fiduciary duty mean? Though the term fiduciary duty isn’t used all that often, it still relates to several legal roles that can affect our everyday lives. Executioners and trustees can have fiduciary duty, making this term a big part of probate law. Though, there are other roles that fit into this…
Category: Minnesota Probate
Getting Letters Testamentary | Minnesota Probate Law
On Getting Letters Testamentary If you’re the executor or personal representative for someone else’s will, you’re probably going to need the letters testamentary as soon as possible. That’s almost a guaranteed notion. You’ll find the reasons why and how to get a copy down below. When someone asked you to be their executor, they might…
How to avoid probate with estate planning | Minnesota Law
How to avoid probate with estate planning? Many people ask our law office they should conduct Minnesota estate planning. Or, another common question is: what is estate planning? At a minimum, most clients have some desire to avoid a legal process called “probate” Estate planning to avoid probate Attorneys use the term “Estate Planning” to…
Elder Law in Minnesota | What an Elder Law Attorney Does
Elder Law in Minnesota Elder law is a broad term which encompasses various different legal matters. It can be guardianships, consevatorships, powers of attorney, medical assistance and even Minnesota probate law. Potentially, as you advance in years, there’s the chance that you may run into a legal matter which falls into this classification. And once…
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…
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,…
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…
Minnesota Life Insurance Lawyer
How Do I Collect Life Insurance When A Loved One Passes? The passing of a loved one can leave significant issues to deal with, from funeral plans to dealing with the estate. The technical requirements of doing so can be one burden, while the financial costs can pose another burden. If your loved one had…
MN Probate Law | Filing a Minnesota Estate Tax Return
Filing a Minnesota Estate Tax Return – IRS Form 1041 Being selected as executor of an estate can be a daunting task, as the duties for executor can be extensive and complicated. As the executor of an estate, you are responsible for filing a federal income tax return (Form 1041) if the estate has a…