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Posts tagged "estate planning"

The Basics of the Small-Estate Affidavit

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.

Estate Planning: Formal or Informal Probate and Small Estate

If you want to distribute your loved one's property, you have three methods from which to choose: formal probate, informal probate, and the small-estate affidavit in the estate planning process.

9-year battle over control of family business comes to end

Building a successful family business and passing it down to one's heirs is the dream of many Minnesotans. Unfortunately, even those who are successful in step one of this process can fail to prepare for the complications that might arise in step two. When a business owner transfers a family business to adult children, there is much that can go terribly wrong.

Barnes Case Shows Importance of Detail in Minnesota Health Care Directives

The recent news coverage of the fight over who should make medical care decisions for Al Barnes is a reminder of the need for careful estate planning, generally, and particularly in drafting health care directives.

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