Minneapolis Breach of Fiduciary Duties Lawyer

Minnesota Legal Malpractice Lawyers

As the executor in a probate administration or administrator of an estate, you have a number of specific responsibilities to fulfill. You have an important duty of care with regard to your estate. The failure to fulfill those responsibilities is a breach of fiduciary duty and can get you in trouble with the probate court. It is important to speak with an experienced estate planning lawyer regarding your fiduciary duties.

At the law firm of Burns & Hansen, P.A., our estate planning attorneys can provide seasoned guidance to clients in Minneapolis, the greater Twin Cities and throughout the state of Minnesota. We listen fully to our client's concerns and strives to provide the service that our clients need.

Minneapolis Breach of Fiduciary Duties Attorneys

An estate administrator has a number of fiduciary duties to perform under the supervision of a court. The administrator may have to:

  • Collect the assets of the decedent
  • Prepare an inventory of the assets
  • Notify all known creditors so they may be put in claims
  • Approve or reject all claims
  • Defend his or her actions in estate litigation before the probate court
  • Sell estate assets to pay claims

Additionally, the administrator pays the decedent's bills, prepares the decedent's last tax return and pays any necessary taxes. He or she may also prepare a petition to distribute the assets for the court's approval.

For more information regarding fiduciary duties in estate planning and administration, contact us at Burns & Hansen, P.A.. Call our St. Louis Park office at 952-232-5991 or 866-291-4854 for a free initial discussion with our knowledgeable and compassionate attorneys.