Minnesota Affidavit of Identity and Survivorship

Minnesota Affidavit of Identity and Survivorship

When someone dies in Minnesota, they often own real estate.  That real estate could be a home, rental property, cabin, or land.

What happens to the land when someone dies?  Where does it go?  How do you transfer title to heirs?  This article aims to provide a legal analysis of Minnesota Affidavits of Identity and Survivorship and how that affidavit helps people transfer title to real property

Title to Real Property

Landowners in Minnesota own the “title” to the property.  This title interest is different from being on a mortgage.  The deceased person often agreed with a bank for a mortgage on the home.  What are heirs supposed to do when the deceased person was on the loan?  How does that effect title?

Minnesota differentiates ownership of “title” from being an signor on a mortgage.  A mortgage is simply a security interest that a bank has on the home.  It is a lien interest.  That loan is “secured” by the land.  Huh?  Basically, the bank has a secured lien on the home because they loaned a person money so that they could live in the home and eventually “pay-it-off”.  Most people understand this.

However, it is important to know that people still own a separate “title” interest in the land.  This title interest is “recorded” with the county in which the person lived.  For instance, if you own a home in Minneapolis, you have a recorded “title” interest with the Hennepin County Recorders Office.  You likely received a “deed” for that property when you bought the home.

Deeds come in many different forms.  Common deeds are:  quit claim deeds and warranty deeds.  This article will not get into the definition of what each deed means.  Rather, this article focuses on the title issues associated with those deeds.  When you buy a home or receive title to a home, that deed interest is recorded in the county recorders office where you live.  You have “title” to that property and Minnesota law recognizes that.

Transferring Title at Death

If someone dies, they still had a recorded deed interest with the county where they live.  Sometimes – and this is important – the deceased person owned “title” to a home as “joint tenants” with another person.  This scenario is very common when married couples own a property together.   Married couples most often take “title” to the property as joint tenants.  Minnesota law tells us that a joint tenant automatically receives title to the property when the other title holder (the husband or wife) dies.

But, that “title” interest still needs to be made official.  The state or county doesn’t do the work for you.  The survivor (in the joint tenancy scenario) needs to inform the county that their spouse has died.   The spouse can do this by filing the correct legal documentation with the county – an Affidavit of Identify and Survivorship.

Affidavit of Identity and Survivorship

As discussed above, when two people own real property (a home) as joint tenants, they have automatic survivorship rights in the title of the home.  (This is very different for tenants in common but that is not discussed in this article).  In a joint tenancy scenario, the survivor needs to file an Affidavit of Identity and Survivorship with the county recorder.  The reason that this must be done is that it keeps a proper record of who now “owns” the home.  If the proper record is made, then the new owner (not the deceased person) has the legal right to sell the property or otherwise convey title to someone else.

The Affidavit of Identify and Survivorship is a legal “form” that declares:

  • Who the deceased party was
  • When the person died
  • Who the survivors are
  • What the address of the property was
  • What prior recorded deed allows for an automatic transfer
  • A statement, made under oath, about who the survivor(s) were and why they now have “title”

It is important to keep in mind that a certificate of death needs to be recorded, along with the affidavit.  These two documents are necessary to have a valid, recorded title interest.

Minnesota Probate Lawyers

If you have questions about the Minnesota Affidavit of Identity and Survivorship, contact the Minnesota probate law firm today.  Joseph M. Flanders has years of experience counseling clients on all matter of title and probate law.

Call today for a free initial consultation at:  612-424-0398.

Petitioning to Become an Executor of an Estate

Petitioning to Become an Executor of an EstatePetitioning to Become an Executor of an Estate

To try and petition to become an executor over a Minnesota probate law case isn’t unheard of. If you don’t try to fill the role, the court will probably try to find someone else eventually.

Either the probate court will find a candidate or someone will step into the role. This isn’t a position n that you can simply jump into and start filling. There’s petitioning for the role and also getting the court’s approval to start overseeing things.

Be prepared for other people connected to the case may have higher priority than you, save for the chance that you’re the deceased’s spouse. You probably don’t only need to please the court to get their permission, but you may also find that you have to come to terms with your own family. Permission is a huge part of this ordeal.

Minnesota Probate | Priority Check

Someone could want to serve as executor of the estate, but the concern may truly lie in who has priority to serve in this capacity. Family almost always gets top priority to get this role. States can have say in who gets the highest priority, too, making it so that some members have higher priority than others.

Not everyone may be equal in this situation. The general standard throughout these fifty states is that the spouse of the deceased maintains top priority regardless of their residence. From there, the list tends to descend to immediate family, allowing for adult children, parents, brothers, and sisters to have their chance to assist.

Should you want to assist as an executor, you should work hard to figure out who has priority over you. They may or may not allow you to serve, preventing you from moving forward, regardless of your priority.

The issue, moreso, may lie in coming to an agreement of who should serve as executor. This rings true for people with higher and lower priority, as beneficiaries might want to have say in who manages the estate or you might need someone else’s permission before you can officially serve. Working towards harmony may make things easier.

Minnesota Probate Missing Will

There are probate cases where no will exists or no will proves to be valid, and there are cases where the probate court doesn’t approve of who the will named as executor. All three of these circumstances will probably result in the court wanting someone to become the executor in the desired executor’s place. Not naming an executor in the will, to say nothing of not making a will in the first place, leaves the deceased without any real say in the matter. They’ve potentially abandoned their right to make a statement over the issue at hand.

The will can be the whole deciding factor whether or not you can be an executor. Yes, you must get permission from the court, but the will is what everyone should be trying to complete.

Not having a will involved in the case may mean that the role of handling the estate is open to anyone, but if a will exists, you may have to wait and see if the court approves of the executor named in that will. You can see if you can find out who the will names as executor, and in the case it leaves such information out, that might be your opportunity to seek to take care of things.

Minnesota Probate Petition

Assume that the court wants to do less work. So, if you’re planning on being the executor of the estate, get ready to do the petitioning for the position on your own.

You can ask for advice, but you might need to carry out the labor. Don’t attempt anything till you’re certain that you have permission from anyone else who has higher priority than you. For all you know, they could find you at the courthouse the same day that you’re going into petition, and you may learn that they’re seeking the same role as you. Anyone who retains higher priority might take advantage of their priority and prevent you from taking what may belong to them.

Before you go, moreover, make sure you call in advance to find out what kind of things you need to bring. Plan on bringing cash for a filing fee and supply your own paperwork to support your request. That said, you may also need to check your calendar to set up a hearing for this petition. Yes, you may need to have a hearing before you can really start this case.

Though, prior to assuming that might be all of what you need, double check to see if you need to also petition for probate. You might find yourself making two different petitions for one case so that you can become the executor.

May Not Change Things

Your duties and powers will probably be the same regardless of how you were appointed. An executor is still an executor, and even if you were hand-picked by the court, that doesn’t mean that you’ll have complete freedom. The court is hoping that you’ll do the right thing and make the best judgment calls.

You’re still trying to please them, acting out this role because the court has been gracious enough to grant you this freedom. A favor to them this might be, but that doesn’t mean they won’t be willing to find someone to replace you. Plan on pleasing the court, the deceased, the beneficiaries, and the creditors.

You definitely can’t try to do anything that will greatly impact the estate before the court appoints you to become an executor.

Taking out insurance to help cover the home in the owner’s absence is understandable. It’s when you give something away or sell stuff off that things can get troublesome. Assume that even if you have high priority, you’re still waiting for the court to approve your petition. Never forget that the situation may well be that the court didn’t like the executor which the deceased appointed in their will. If their attempt failed, try your best so that you succeed. Realize that your role is probably as replaceable as theirs. That said, don’t be surprised if you face a similar fate should you try to replicate their failures.

Minnesota Probate Lawyers

For you to pursue the role or an Minnesota probate executor or for you to help someone pursue that role, you should make sure that you have every ally that you can get on your side. You should be laboring to work against the opposition. You want to win the metaphorical battle, but you need to assume that you still need to work through the whole of this probate case after this small skirmish has ended.

Ally yourself with a MN probate lawyer from Flanders Law Firm LLC.

You want to have a team to help you with the challenges that lie ahead of you. This might only be the start of dealing with unknown treasures and learning to tackle new difficulties, but here’s to you overcoming the hills in front of you.

Start your jouncy by dialing 612-424-0398.

Sources

Minnesota Probate Code

Home Sales in a Minnesota Probate Administration

Home Sales in a Minnesota Probate AdministrationSelling a home during a Minnesota probate is not something that you can do carelessly.

This is a larger project which must be conducted both in the right manner and with the proper people.

Minnesota Probate law has its way of dictating how to proceed without disrupting the overarching concerns. However, before you can learn how to act during one of these sales, it’s best to understand what might be the underlying causation to the central event. These auctions aren’t always brought about on a whim. Moreover, you may find that you’re in the middle of helping someone rectify the financial past of a recently deceased family member.

Why Sell

Sometimes choosing not to sell the property isn’t an option during probate.

The whole estate could be up for sale because there isn’t enough money or assets to pay off all of the debts, taxes, and other bills. The aforementioned items will still need to be paid in almost every probate case dealing with debt, at least in part, but whatever is being sold is usually brought to market to either pay something off or because no one is going to inherit it. Objects that were owned by the surviving spouse might not get touched, but don’t assume that anything will be passed down to the next generation until the debts are fully paid.

There are three potential parties that may have authority to sell off property during the probate process: the court, the executor, and/or the administrator.

Assume that they plan on selling on every part of the estate that they can if the debt calls for it. You need to consult them if you want any specific parts to be kept. As far as they may be concerned, selling off one larger asset may be more efficient overall compared to selling several smaller assets. Moreover, anyone selling parts of the estate must be wise in how they sell it. Selling property at an abnormally low price may cause legal issues.

Get Home Insurance

Regardless of what kind of items are being sold, make sure that the home itself is properly insured. You don’t want one of the largest assets to be brought to ruin without some kind of way of restoring it. It’s not uncommon for home insurance policies automatically dissipate once the home owner passes on, leaving the home without coverage until a new policy is introduced. Treat the home as if it’s going to be lived in even if someone is not going to inherit it and the entire estate is going to be sold off.

One way that you could maximize the selling price of the home is keeping it in good condition. If a fire or flood destroys the home, you might only have the insurance policy to go on. Don’t assume that you can treat the court as your insurance company since they’re probably looking to the executor or administrator to care over the assets. Whatever assets are lost during the process might not be able to be replaced, and losing the home could mean that you have to find a new place to stay. You may even want to consider having the executor take out a bond just to be sure.

When not to be Executor

Any party that wants to be the executor of the estate should not be someone who also wants to purchase the home with their own cold hard cash. Things get tricky otherwise to say the least. Executors should almost always be as impartial to the situation as they can be in order to properly conduct sales. Truth be told, executors should usually want to buy as little of the property as possible. And even in the case that they were originally supposed to inherit the home, but now they have to sell it to pay off debt, they should still turn down the role as executor. The court wants the buyer and executor to be two different people.

To help you better understand, realize why the sale is being made. If you’re an eligible heir, the only reason why the house is being sold off is to help pay off debt.

Should you take advantage of the situation and decide to pay too little for the home while claiming that the sale was authorized by the executor, other items may need to be sold off to compensate for the money that would have been otherwise generated by the home’s sale. Probate sales commonly happen out of a state of need rather than a heart of greed. The house may be being sold if there aren’t any heirs, but those situations are usually attempts to put the property under new management instead of letting it fall into disrepair.

Respect the Executor

Assuming that you’re buying from an executor, be respectful to what they’re asking for. This might be their attempt at trying to satisfy hungry creditors. Time may not be on the executor’s side, as they may have outstanding paperwork to be done, beneficiaries to assist, and taxes and debts that need to be paid. That executor might be looking at your checkbook as a way to keep a family off the streets. It’s completely possible that you’re buying someone’s childhood home which is being sold to help keep the children out of debt.

Keep in mind that the home could lack various improvements, and it may take a few weeks for you to even get the chance to get the purchase approved by the court. This can be a perfect way to find a home to be fixed up or flipped, but be aware that it might not be in the best of shape. Moreover, be sure to check that it’s actually insured and check the insurance policy documents to verify that what is being said is true. You don’t want to buy an uninsured mansion only to find that it went up in flames before you could start moving inside.

Minnesota Probate Lawyers

Should you ever find yourself in a standstill or standoff during a probate sale, the first person you may want to consult is a Minnesota probate lawyer.

There’s something to be said about having a probate lawyer from the start. Rather, assuming that you’ve tried to work on things by yourself from the start, it could be very well be a good idea to see if someone else can provide advice on the sale. Seek out someone from Flanders Law Firm LLC by calling their main line at 612-424-0398.

Even if you’re not wanting the sale to go forward, they might be able to provide comfort in these trying times. Maybe they can help you find a way to keep more assets than you originally thought possible.

Sources

https://mncourts.gov/Help-Topics/Probate-Wills-and-Estates.aspx

Formal versus Informal Probate in Minnesota

Formal versus Informal Probate in MinnesotaFormal versus Informal probate in Minnesota

There are many different types of probate administration’s under Minnesota Probate Code.

However, the two most common filings are formal probate and informal probate. This article we’ll discuss the difference between formal and informal  probates.

Informal probates in Minnesota

An informal probate can be commenced by any interested party under the Minnesota probate.  Interest interested parties include the nominated personal representative or executor in the will. Heirs of the deceased devotees of the deceased or a creditor of the deceased.

The statutory priority for appointment of a personal representative is the person nominated in the Will.  If there is no Will, the priority of who can serve starts with:  the surviving spouse and then the children of the deceased.

Once the applicant has been chosen, the applicant may file for an informal probate administration with the county of venue.  Proper county venue will be the county where the deceased held lived the majority of their life.

The informal process utilizes a probate registrar which is a court appointed judicial officer who oversees and informal administrations in the county.  The registrar acts as the judge and makes a determination whether the applicant may proceed forward with an informal administration.

In most case, an informal administration is utilized to have a quicker appointment of the personal representative.  This can happen in both a testate or intestate probates.  Dying “testate” means that the person died with a Will.  “Intestate” means someone died without a Will.

The probate registrar will review the application and the facts of the case to make the determination.   The registrar will also review whether proper notice of the probate has been given to the interested parties.   Furthermore, notice will need to be published in a newspaper of general circulation in the county.

Sometimes the probate registrar will reject the filing due to problems in the estate.   Common rejection items including problems with the Will, disputes between heirs, questions about ownership of property and, perhaps, large creditor claims against the deceased. There could be other issues that come up in the probate that a judge will need to make a determination of law to the facts.

Finally, it is important to keep in mind that the difference in time – in terms of how long the probate takes – may not be significantly different.  It depends on the county that the probate is filed in and the facts of the case.  A competent Minnesota probate lawyer should be consulted in all cases.

Formal probate administration in Minnesota

A formal probate administration is commenced with the filing of a petition for appointment of personal representative.  In formal estate, the petitioner asks a district court judge to issue an order.  This is different from a probate registrar issuing a “statement of probate.”  In a formal administration, the judge will also make a determination that proper filings have been made, that the Will was properly executed, and that the heirs, creditors, and devisees are correct.

Judge will hold a hearing for the appointment of the personal representative.  Once the hearing has taken place, and there are no problems or objections to the petition, the court will issue in order appointing the personal representative.  The judge will also issue the Minnesota Letters Testamentary or the Minnesota Letters of General Administration. These letters will give the personal representative the power to act on behalf of the estate. The personal representative will serve as a fiduciary in both an informal and formal administration.  The personal representative is required to look out for the best interest of all parties.

As discussed above, in a formal probate may be necessary due to problems with the deceased person’s Will.  Also, disputes between heirs can create the need for a formal probate.  Finally, large debts or creditor claims can necessitate a formal probate.

An attorney who has dealt with many probates will be able to spot issues and facts to make a determination of whether formal or informal administration is required.   Additionally, it is important to keep in mind that there may not be a timing difference between formal and informal administration.   At times, it could be best to file a formal administration because the personal representative may need additional powers which will be graded by a judge and which cannot be granted by the probate registrar.

Also, in most cases, the costs of the formal versus informal administration will be very similar.   The attorney fees will be very similar.   The fees are entirely fact specific.

Formal probate administration | Supervised or Unsupervised

It is also important to understand that in certain formal administrations, a party can request that the personal representative serve in a supervised or unsupervised administration.

In many cases, the personal representative may proceed in an unsupervised manner. This means that the court has very little oversight about the case. The court will also have very little oversight over the person representative and their actions.  In an unsupervised estate, the personal representative can make payments to creditors and distributions to heirs without approval from the court.

Conversely, in a supervised probate administration, the personal representative is required to seek approval for all distributions. The court will have more supervision over the actions of the estate and the personal representative.  More court hearings will likely need to be held.

The total costs of a supervised versus unsupervised administration is likely to be higher.  This is due to the extra work involved with asking the court for permission on various issues. Supervised administrations may be advisable in cases where there are disputes between heirs, creditors, or what to do with the money in the estate.

Minnesota Probate Lawyers

Contact the Minnesota probate lawyers at Flanders Law Firm LLC if you have questions about the difference between formal and informal probate administration’s in Minnesota.  You may also contact the office for answers about supervised and unsupervised estates in Minnesota. The firm has years of experience helping clients in all sizes of estates.

Call today for your free consultation at 612-424-0398.

Dealing with Creditors | Estate Probate Law

Dealing with Creditors | Estate Probate LawAs a general assumption, you may not enjoy dealing with creditors.

If you’re one of the few who breaks that generalization, that may be for your benefit and may make you a prime candidate for handling Minnesota probate law cases where the deceased had large amounts of debt.

How, nonetheless, creditors deal with things during probate might be a little different than what you’re used to. This could be very true as they may not have to fight anyone who can find ways to avoid paying off the debt.

The creditor may even come to realize that, as an interested person, they have power to get the probate case into motion. That said, you may need to know how to beat them at their own game.

Dealing with Creditors | Estate Probate Law

At the end of the day, the creditors want the cash that’s due to them. The trouble in their eyes is that the family may not want to establish the estate. That’s to say someone may want to go ahead and open up the probate process.

Minnesota probate could be the only way that they get their paycheck. From their perspective, if the family doesn’t want to pay up, because the bulk of humanity rarely enjoys the thought of paying creditors, the creditor has to do something.

So, establishing the estate might be their last resort to getting the money they’re due. And since any given creditor may qualify as an interested person, they may use their power to go ahead and open the estate.

Keep in mind that probate can be conducted with or without a will. It’s really whether or not there are enough assets or if there’s enough cash to pay a given creditor.

Even if the estate is eventually as marked as being insolvent, there still might be some cash that the creditors can obtain no matter how small that amount may be. Insolvent estates don’t help to prevent the creditors from getting a dime.  There are simply no Minnesota probate assets.  Rather, they’re exemplifications of the fact that the deceased lacked enough assets to fully pay off the creditor. Thus, beneficiaries shouldn’t anticipate anything.

Creditor Law and the Personal Representative (Executor)

Probate Creditors might not only talk to the people you want them to talk to. As far as you’re concerned, they might be acting like wolves on the hunt, preying on the vulnerable members of your family.

Assume that if they get the chance to talk to someone and gather data about the deceased or convince them to try and pay off the debts, any given creditor may go ahead and take that chance.

Working on getting the estate to pay up might be their goal, and that may mean harassment isn’t something they’ll forego.

Should any harassment take place, don’t hesitate to contact your lawyer. Have them personally create a letter to tell the creditors to cease this kind of contact. Keep in mind that the creditor will be the one who will be in the wrong.

There’s a legal act which is meant to stop them from talking about the deceased’s debt with at least three parties: friends, relatives, and neighbors. There’s a clause to that, as creditors are still allowed to civilly discuss debt with the deceased’s guardian, executor, administrator, spouse, and, in cases where the deceased was a minor, parents.

Personal Representative (Executor) Duties in Minnesota

Because of the potential concern about conflict of interest, a creditor might not be able to become a representative of the estate. You see, probate is all about settling things related to the deceased, and handling the debts is very much a part of that.

So, if a creditor had the power to decide what things would be sold off and how much was going to be given to transferred to them by what was generated from a sale, they could sell as much as they deem fit and, metaphorically speaking, make out like bandits.

The court will, most likely, allow for a friend or blood relation to serve as the deceased’s personal representative instead of creditors.

That said, be aware of what kind of powers a personal representative has in these cases, as they can make decisions regarding paying creditors, selling property to pay off debt, redistributing assets to heirs, handling taxes, paying bills, locating missing heirs, and closing out the estate.

Should you be in rather stressful financial circumstances, the last person you probably want to serve as the personal representative may be the creditor.

MN Probate Law and Bankruptcy

Should there not be enough assets to fully satisfy all of the outstanding debt, the only option left may be to declare the estate as being insolvent.

No, that doesn’t mean that the beneficiaries will be able to lay claim to the property, but they’ll be able to have peace of mind of not having to deal with the creditors anymore. This means that the entire estate may have to be sold off so that part of the debts can be finally paid. The creditors are trying to get everything they can get, regardless of how small.

If this is truly your only option, don’t assume that anything will be inherited. Even if you don’t have to declare the estate as insolvent, be prepared for every cash account to be emptied out and every piece of property to be sold off until the deceased’s debts are no more.

It’s hypothetically that the deceased owned two mansions and a fleet of cars, but after all the debts are paid, all that remained was a rusty Corvette and some miscellaneous possessions.

Such a picture, moreover, may be paradise compared to what happens to an insolvent estate, as even those items might be sold off to the highest bidder.

Minnesota Probate Lawyers

Get an assistant from Flanders Law Firm LLC and the Minnesota probate lawyers at the firm to teach you how to figure out what needs to be done. You want to find out how to both satisfy the creditors and keep the beneficiaries happy.

This isn’t a laughing matter. You need to work on keeping what you can in the family and only sell the least amount of assets as possible. No one can assume they’ll get anything until the creditors get their fair share.

Whatever kind of Minnesota probate case you might have in front of you, make sure that you have a probate lawyer to help you out.  Even if a creditor has gone ahead of you and started the case, there’s still time to contact someone at

Contact the law firm for a free initial consultation at:  612-424-0398.

Sources:

https://www.consumer.ftc.gov/articles/debts-and-deceased-relatives

The Powers of a Minnesota Conservator

The Powers of a Minnesota ConservatorMinnesota guardian and conservator law doesn’t make Minnesota conservators all powerful. There are several things which they’ll still need court approval in order to accomplish.

You’ll find in this article a handful examples to inform you of what kind of things might involve getting court approval.

Actually, it may have been the Minnesota conservator’s intention from the start to obtain their powers so they could bring things to court. Now that they have that role, it’s possible for them to try to make a will for their ward or change the beneficiaries on a life insurance policy. This isn’t a guarantee that they’ll succeed. Nonetheless, it might be wise to know what they’re capable of doing.

The Powers of a Minnesota Conservator

Irrevocable trusts are notorious for being rather hard to change once they’ve been completed. Perhaps the biggest factor of why these trusts are so hard to modify is because they, more or less, have the power to grant legal ownership to another party.

Though not on the same level, it would almost be like modifying someone’s house deed after they were told that they bought the house. So, for a party, a specific party that might not have been involved when the trust was put into effect, to come and change things means that the court has to be involved.

Yes, people and relationships change. That doesn’t modify the fact that irrevocable trusts aren’t meant to change. They’re one of the better ways to help secure assets for your friends and family because they put them in a more secure state.

Revocable trusts in Minnesota are affected by more outside forces, moreover, but they can normally be changed far easier. If you’re looking at making one of these two kinds of trusts, consider if they will burden a potential conservator or if you want that added security.

Handling Finances as a Conservator

Not all conservators have the advantages and powers that a guardian as the two roles are centered around monetary aspects and health concerns respectively. Though a conservator may have the best interests for their ward, they might not be the one who gets to call the shots when it comes to how the ward retires.

Minnesota Guardians are specifically called in because the ward-to-be has gotten into a state that they need someone else assist with their physical care. Conservators are there to help with property issues.

That said, as long as a court works alongside of the Minnesota guardian and agrees with them, said conservator can change the beneficiaries under the ward’s retirement plan. As a general rule, it might be said that a conservator needs the court’s involvement whenever they want to change their ward’s outspoken plans.

Though some beneficiaries may want the ward to go to a different place to retire, it’s the conservator’s role to decide whether or not the court should consider changing who is a beneficiary in the first place.

Insurance and Conservators

Life insurance policies are practically a literary trope when it comes to writing on preparing for life without a main household provider. Who gets that money is a big deal since the policy might mean the next meals for a family.

As a side note to wise estate planning, keep your most important beneficiaries to this policy updated. Treat this like your will and make sure that all life changes are accurately updated. Your conservator might thank you.

To back up a bit, this is dealing with beneficiaries again. So, if your conservator finds out that the beneficiaries aren’t properly updated or changed on your life insurance policy, it means that they need court involvement.

When you get married or remarried, you should update the policy. When you have a new child, you should update the policy. Though you may need a conservator for legitimate reasons, they don’t have automatic power to do everything that you could. Your would-be beneficiaries might end up relying on a court decision to receive the money that was intended for them otherwise.

Will Changes

With the right circumstances, it’s possible for a conservator to not only amend their ward’s will, but to create a will for their ward as well.

That’s a hypothetical reality as long as the court’s on their side. It’s not to say that the conservator has to make their ward a will. There are plenty of laws which automatically dictate to where the property will be sent even if a will has never been drafted in the first place.

Revoking the will is another action that the conservator can take as well, save that the court agrees with them. Though that could sound ridiculous, the rational lies in the context of their role.

The conservator’s there because their ward cannot manage their property on their own. Wills can be revoked because the person they were written for, the conservator’s ward in this case, was too incapacitated while writing it. Maybe the same thing which incapacitated the ward during the will’s writing is what eventually led to them receiving a conservator in the first place.

Minnesota Conservator Lawyers

Being someone’s conservator doesn’t mean that you have to do everything on your own. As you’ve probably noticed from this article, there are plenty of circumstances which you might need the court to step in.

Cast your doubts aside and seek out the legal help and advice that you need to do your job right. They can even help you become a conservator if you’re not there already.

Even in instances where you don’t need the court, it still might be wise to consult the Minnesota conservatorship lawyer at Flanders Law Firm LLC.  Call the law firm today for a free initial consultation at 612-424-0398.

What is Probate and How Long Does it Take?

What is Probate and How Long Does it Take?Probate is rarely a black and white process.

Probate has a lot of details that need to be dealt with. So, to answer a few general questions, here are a few general answers.

Yes, you should have a probate attorney who is more than a little bit familiar with probate law. That should go without saying. And because of how much this process relies on the kind of assets and how many assets there are, your best ticket is to get as much knowledge as you can. Avoid probate if you can.  This isn’t your normal legal process where everyone stands before the judge to prove or disprove a point. It’s more or less dealing with the deceased’s assets and waiting for each asset to be approved. Continue reading to find out more about probate.

What is Probate and How Long Does it Take

Probate is what you might go through after someone passes on. It’s dealing with all the messy little details like handling their assets and paying off their debts in probate. Apart from student debt, debts, much to everyone’s dismay, do not go up in smoke upon death. The money has to come from somewhere and the money needs to go somewhere. So, if you’re trying to maximize your gifts to your beneficiaries, pay off as much debt as you can stand while you’re still around to pay them off.

Nonetheless, probate isn’t just dealing with debt. Assets and their distribution are central parts of probate. Who gets what must be answered. Assets must be appraised. Individuals may need to be tracked down. Everything, more or less, must go in one shape or form. Unless the deceased lived selflessly in a convent, their assets probably need to be dealt with. There can, thankfully, be preventive measures taken.

Trusts are great tools that can help protect assets while making the process of passing on assets easier. Some assets may even dodge probate because of being in a trust. Trusts are essential parts of your estate planning to make everything safer and smoother.

Why Have a Probate Attorney?

Probably the biggest reason for having an attorney is keeping everything legal.  Minnesota probate law isn’t always cut and dry. So, whether you’re seeking an attorney that can help your family prepare for probate or you need one while you’re going through the process, you want to make sure that every step you take is done properly. If the personal representative, for example, fails to carry out their necessary duties properly, there might be trouble. An attorney can be there to help everyone involved do the right things.

A probate attorney can also help your family get the most out of every decision. Don’t be fooled into thinking that just because your relative has X-amount that you’re automatically going to get X-amount. Taxes can take chunks out of assets.

You may only get Y-amount. All the debts must be resolved. This process is supposed to settle any and all financial circumstances. Houses, cars, and just about everything the deceased owns is subject to being sold off to cover any outstanding bills. Moreover, everything needs to be appraised. The collection of famous movie posters may not bring in enough cash. You could find yourself needing help deciding what stays and what goes.

What are Some of the Executor’s Responsibilities?

Effectually, the executor’s role is handling most of the will-related matters. He or she is also supposed to get the ball rolling when it comes to filing the will to probate court and notifying others that the deceased has passed. Their role is to not only act as a representative of the deceased, but to ensure that everything moves forward. They’re basically the boss of the estate.

That means that they’re the person who takes care of the estate both physically and legally. Whatever happens to the property may be on them. Even if the property is going to be sold, if it’s not well-kept, the value could decrease drastically.

Everything is still subject to appraisal, meaning that the value of the assets may still be in limbo. And here’s a big catch: the executor can revoke their position and thereby their duties, leaving their position to be potentially filled by the state. If you want something done, you should do your best to work with the executor and keep this metaphorical ship afloat.

How Long Will This Take?

Hopefully, this whole process won’t take forever and a day. Unlike meeting with a mediator for a legal matter, the probate process isn’t designed to move too fast. There’s technically no set goal for everything to get done unless someone places a time limit on it. Moreover, that’s potentially out of your control and up to the court to decide, save that you convince the court to move faster.

Just as good business depends on location, location, and location, the probate process depends on assets, assets, and assets. You can move as fast as possible. Everyone can be on board and everyone can get along. However, as long as the assets need to be appraised or otherwise dealt with, work has yet to be done. Probate isn’t normally a simple transaction of transferring items from the deceased to the next of kin. It’s got several working parts.

Trusts that were put in place can bolster the process exponentially since they can remove the majority of assets from probate altogether. As hinted to previously, trusts are your best friends.

Where Do I Start?

You start by contacting a Minnesota probate attorney. Visit or contact the law firm of Flanders Law Firm LLC. They’ve helped people deal with probate issues time and time again. I

If you’re not convinced, dial 612-424-0398 and speak with someone representing the firm.

Those assets cannot move or asses themselves. Getting them through probate faster sometimes means having more help. And even if the majority of assets are covered by trusts, consider having that same lawyer look over the trusts to ensure that everything’s in order. A lawyer who knows the ins and outs of both probate and trust law can help your family do exactly what needs to be done.