Should We Avoid Minnesota’s Oral Trust Agreement Laws?

Oral Trust Agreement

Oral Trust Agreement

Just because Minnesota has an oral trust agreement law, doesn’t mean we should rely on it in a time of need. ¬†None the less, the MN law that allows a verbal trust agreement in certain situations might come in handy during desperate times.

Still, the preferred method of creating a formal written document should always be the first and second option.

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