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Minneapolis Estate Planning and Probate Lawyer Blog

Thursday, June 16, 2016

How Do I Plan for the Care of My Pet If I Die? Minnesota To Allows Pet Trusts

Minnesota Estate Planning and Probate Lawyer Discusses the New Pet Trust Law Recently Enacted

Minnesota just became the final state to allow people to set up a pet trust for the care of their animals in the event of their death or incapacity.  Previously, people could leave money in their wills for the care of pets, but there was no mechanism to enforce this.

When meeting with my Minnesota estate planning clients, I would have to inform them that, while they could leave $10,000 to their sister to care for their beloved Labradoodle, nothing was in place to prevent the sister from cashing the $10,000 check on the way to the pound to drop off the dog.

That has now changed. Animal trusts provide the much-needed mechanism legally requiring any money in the trust to be spent on the animals for which it was created.
Read more . . .


Thursday, June 09, 2016

Minnesota Probate Law: Intestate Succession Rules for Inheritance
If you die without a will, Minnesota Probate Law provides one for you. In determining how your assets will be distributed, the court will look at the laws for intestate (meaning no Will) succession (priority to get stuff). Read on to learn more about how the court will be required to divvy up your assets.

Read more . . .


Tuesday, May 24, 2016

You Inherited a Cabin With Your Siblings. Do You Have to Keep It?
What happens if you and your siblings inherit property from your parents, and you don’t agree on what to do with it? (what, siblings disagree?) Can you force the sale of the property? Under Minnesota real estate law, in many instances, the answer is yes, through a specific court action.

Read more . . .


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?


Read more . . .


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?

Read more . . .


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.


Read more . . .


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.

Read more . . .


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!


Read more . . .


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.

Read more . . .


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.


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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