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 […]
E-statements? Be sure to make a record of your accounts!
If you’re like me, you probably have most of your financial, insurance, and other accounts set to provide statements and communications to you electronically, rather than in paper statements. This is a great way to reduce clutter, allow access to those items from anywhere, and reduce your environmental footprint.
The problem with using electronic statements is that, when a person passes away, surviving family members may be unaware of the existence or provider of those accounts. In the past, family members could simply check the mail […]
With the year’s end quickly approaching, it’s time to ask: Do you have a Will? I was contacted earlier this year by 96.3fm K-TWIN to talk with their morning show hosts about why everyone needs a Will. Wills are part of what we call estate plans, which can include Wills, Funeral Directives, Healthcare Directives, Powers of Attorney, Trusts, and more. If you’re wondering why you need a Will or estate plan, here are two main reasons:
1) Having An Estate Plan Benefits You. Anyone can benefit from the satisfaction and peace of mind […]