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Minneapolis Estate Planning and Probate Lawyer Blog

Wednesday, April 27, 2016

Prince Didn't Have a Will? Now What?

As you know, music superstar Prince died last week. Yesterday, his sister, Tyka Nelson, filed documents with the probate court stating that he did not have a will.

Now what?


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Tuesday, April 26, 2016

MN Estate Planning: The Power of Joint Tenancy

Minnesota has two types of real estate ownership where there are multiple owners but only one avoids the lengthy and costly probate process...


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Tuesday, April 19, 2016

What Is a Probate Asset?
A client calls because her husband recently passed away and she went to the bank to get the money out of an old checking account he had in just his name. But, the bank told her the money in the account is now a probate asset and they won't give it to her until after probate? What do they mean by a probate asset?

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Tuesday, April 12, 2016

Who Really Owns Your Home
I’ve had numerous clients who believed their homes were owned jointly only to discover that only of them was actually listed on the deed. If the person listed on the deed was the one who died, we need to ask the court for help transferring the home to the surviving spouse. Don't let this happen to you.


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Tuesday, April 05, 2016

Estate Planning 101: What Do You Really Need?
Estate planning is much more than having a will. It involves planning for incapacity during life, the transfer of assets at death, and making sure all of the assets pass according to your plan.

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Tuesday, March 22, 2016

Don't Give Up Your Power. Act as Executor For a Loved One's Estate!

Someone you love has died. You have the right to act as the executor (personal representative) to guide their estate through the Minnesota probate process. But, for whatever reason (time, effort, fear etc...) you are thinking about stepping aside to allow someone else to act. DON'T DO IT. The only way to protect yourself is to act as the personal representative. Do not give up your power to ensure the wishes of your loved one are followed via the Minnesota probate process!


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Tuesday, March 15, 2016

Prepare Your Trustee to Manage Your Trust.
One of the jobs of a Minnesota trust lawyer is to help clients choose the person who will be responsible for a trust that has been set up.  This trustee has several very important jobs, and things will go smoother if he or she is aware of these responsibilities up front.  Here is some good information that should be shared with a trustee in order to administer the trust with as little difficulty as possible when the time comes.

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Tuesday, March 08, 2016

If You Die Without a Will, Does Your Spouse Inherit Your Entire Estate?

If you are married and you die without a Last Will and Testament, you may mistakenly believe that your spouse will still inherit your entire estate.  Not so fast.  Who will inherit your estate depends on several different factors.


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Thursday, March 03, 2016

You Need an Estate Plan!

It is a startling, though not surprising, fact that an overwhelming number of people have absolutely no documents in place to direct where their assets and estate should go upon their death.  Why?

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Tuesday, March 01, 2016

What if You Own Real Estate in Multiple States?
This question comes up a lot in the frozen tundra of Minnesota where many of my estate planning clients own a home here and in a warm climate like Arizona or Florida. These "snowbirds" face the likelihood that they will be involved in a probate proceeding in each such state.  

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Thursday, February 25, 2016

Can You Make Changes Your Trust? Using a Trust Amendment.
A Trust Amendment is a legal document that changes specific provisions of a Revocable Living Trust but leaves all of the other provisions unchanged. The key to a Revocable Living Trust is that it is revocable. So, at any time while the Trustmaker is alive and competent, then he/she can change, modify and update – as well as completely revoke – the provisions of the Trust agreement.

Read more . . .


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From within Hennepin County Unique Estate Law represents clients throughout Minnesota, including Minneapolis, Edina, Bloomington, St. Louis Park, Minnetonka, Plymouth, Wayzata, Maple Grove, St. Paul, and Brooklyn Park.



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