A Simple Will in Minnesota Is Not So Simple

A simple will in Minnesota is rarely simple. If used correctly though, a simple will can have powerful impacts on low stress needs.

Some legal professionals call a simple will a basic will. Either way, the idea is to provide an outright disposition of property, while naming a specific personal representative. Both a single person and married couple can utilize a basic will to address their planning goals.

To be fair, not every person or family should be using a simplified will. It might seem right, but in reality, it can cause undesired consequences. This is especially true when considering the sophistication for beneficiary forms.

In other words, layering an estate plan with state or computer generated forms might create an opportunity for contradiction. The theory of contradiction is a matter discussed elsewhere on this site. The point I am trying to make is a simple will must align with other beneficiary forms for an IRA account or transfer on deed deed recorded for a property.

Personal Representatives For a Simple Will

Assuming a basic or simple will in Minnesota is utilized, the next matter is generally designating as the personal representative.  A personal representative is the person you has an opportunity to administer an estate upon seeking a Probate Court’s approval.

Other issues often addressed within a simple will include alternate personal representatives, guardianship alternates, and addressing gifts of tangible personal property. Unfortunately, these matters are often overlooked.