Protocol for Pour-Over Wills
Pour-over wills are an essential part of creating an estate plan for those that choose to use a living trust. A pour-over will can act as a backup to the living trust, ensuring that any assets not in the trust are moved there after you pass. An estate plan is meant to determine what happens to your assets once you’re no longer living. With a living trust, the trustee will distribute the...Read More
0
The Probate Process: Everything You Should Know
A large part of creating your estate plan consists of knowing what will happen in the probate process. Probate is the legal process of dealing with a deceased person’s assets and debt, including the court that oversees it and the assets’ actual handling. The purpose of probate is to make sure a person’s will is honored and any liabilities, like final bills or debt, are taken care of. The...Read More
0
Minnesota Assault Charges and Consequences
Like most other states, Minnesota assault charges and their consequences vary by the severity of the act. Assault encompasses any attempt to harm or injure someone else, and in some cases, can include threats or intention to harm another person (even if no physical harm is done). There are five different types of assault charges in Minnesota, from first-degree to fifth-degree. If the...Read More
0
Will Codicil vs. New Will in Minnesota
When you’re creating your estate plan, you’ll want to distinguish between the different types of wills in Minnesota. Knowing the difference between a will codicil and a new will is essential to ensuring you have the proper documents for your wishes to be met. Once you’ve written your will, you can make small changes to the original document using a codicil. But, if you have any significant...Read More
0
Exploring Assault and Battery Charges in Minnesota
Assault and battery is a term that is used quite regularly, but you may not actually know what it means. Assault refers to any attempt or threat to injure someone, while battery refers to the actual act of harming or offending another person. While they are typically referred to as one act together, the punishable crime is labeled under assault. There are several different kinds of assault...Read More
0
How to Identify Which Assets Go Through Probate
Probate is a legal process that involves a person’s assets after they die. If you have a detailed estate plan, including a last will and testament, what happens to your assets should be pretty straightforward for your beneficiaries. If not, or if there are arguments surrounding the will or beneficiaries, a probate court could be involved to settle these disputes. Some assets will be spared...Read More
0