Probate

What Happens if I Die Without a Will?

10.14.2014
|
Comments off
|

Intestate Succession in Minnesota

When a person dies without a valid Will, they are said to have died “intestate.” Because there is no Will to indicate what the deceased person’s intentions were, the estate will be administered according to Minnesota’s intestacy laws.

Who Will Care for My Minor Children?

Generally, the surviving parent will have custody of the children. In cases where there is no surviving parent or the surviving parent is unable to care for the children, the Court will appoint a guardian who will care for the children. Parents who want to […]

Using Affidavits of Collection for Small Estates

04.21.2014
|
Comments off
|

Using Affidavits of Collection for Small Estates
Ordinarily, property belonging that is owned by a deceased person, but is in the possession of a third party (e.g. funds kept in a bank account) must be collected by a Personal Representative who has been appointed through the probate process.  In some cases, however, assets may be collected without going through the probate process.  When a deceased person’s estate has fewer than $50,000.00 in assets and does not contain real estate, those administering the estate may be able to collect assets from third parties by using […]