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Tag Formal Probate
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Who Profits the Most when You to Die Without a Plan?
Take a guess who profits the most when you die without a plan. Yes, failing to make a plan might actually generate more revenue for attorneys and your family. So yes, die without a plan makes life better for everybody except your…
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Does Half of Prince’s Net Worth Go to His Half Brother?
As you know, Prince’s net worth is being discussed across the globe because it appears he died without a will. Whether Prince’s net worth was anything south of one dollar ($1) or north of the reported one hundred fifty million…
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4 Reasons For Formal Probate And Easy Tips
Reasons for formal probate in Minnesota are different for each family. In my opinion, there are four (4) main reasons a family may want to seek a formal probate process: Children, Problems with a will, Real estate, and No money.…
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The 9 Hardest Formal Probate Steps
There are nine (9) formal probate steps in Minnesota. Because everybody asks: yes, there is a difference between an unsupervised versus a supervised formal process in MN. Also, selecting the right probate process is even more important if the person who…
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Do I have to Talk During a Probate in Minnesota?
Probate in Minnesota can be a tangled mess, similar to the picture displayed at the right. None the less, it doesn’t have to be. If you are reviewing the probate in Minnesota, use the following as a brief introduction. If…
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Is Opening an Estate in Minnesota Easy?
In Minnesota, opening an estate means filing a petition in a Minnesota Probate Court such that assets of the person who died can be distributed. When a petition is filed to open an estate, the petition requests either an informal…
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Living away from Minnesota and being a Personal Representative
Can a non resident of Minnesota serve as a Personal Representative during the probate probate process? Yes, under Minnesota rule 524.3-602, a non resident can serve as a Personal Representative in Minnesota if they live in another part of the United States…