After being married for more than 30 years, you and your spouse have accumulated significant assets. Sine you were married, the two of you purchased various properties, including your main residence and a vacation home on the lake. In addition to these assets, there are also various investment accounts, retirement funds, cars and even your spouse's consulting business.
The basics of the small-estate affidavit are important to know if your loved one passed away with an estate of less than $50,000. The small-estate affidavit is the quickest, cheapest, and simplest method of distribution property in compliance with the probate laws.
There are two general mistakes that Minnesotans tend to make when it comes to estate planning. They either put it off until it is too late, or they put an estate plan into place early but forget to update it after major life events occur.