Trust Administration

Many people in Minnesota are growing older. The baby boomer generation has amassed wealth that has never been seen before in the United States. Those born in the 20s and 30s will pass $12 trillion to the next generation, while baby boomers are estimated to leave more...

When a loved one passes away, they often leave an estate behind for their loved ones to figure out. These estates can cause a family stress and disagreements. Those who are put in charge of an estate may not be doing their duty as far as trust administration and there...

Financial exploitation of the elderly is a problem in Minnesota and across the country. There are many ways that an elderly person can be exploited, but financial abuse can have serious implications on a person's financial well-being. There are certain risk factors a...

Estate disputes can be a major headache for families. When an estate is in dispute, many family members can be upset and stressed, which can cause hurt feelings and resentment. Any family can have an estate dispute happen to them, including famous authors. John...

Families who have trusts in Minnesota understand the value that the trusts provide their family with the management of assets. Most of the time these trusts are set up in a way where everyone is on the same page and there are minimal disagreements. But, occasionally a...

When a person is a beneficiary on a trust, they may not know all the important details. A trust beneficiary may think that they do not have any rights and that the trustee is in charge. But, beneficiaries in Minnesota do have some rights to make sure the trust is...

A family trust is put in place to protect a family's assets and pass along these resources to future generations. But, occasionally these trusts run into family disputes in Minnesota. Trust disputes can be stressful for families and can lead to families suffering...

Many Minnesota residents know how complicated estate matters can get. Not all families have estate plans that are fool proof, and often estate disputes emerge that were not expected. Many times, a person or a group of people will find fault with an aspect of a...

Lawsuits and disputes over trust administration can persist years after its creation and the settlor's death. Trust litigation is not limited to Minnesota, but can occur across the country.Two duPont heirs are engaged in a legal battle over alleged mismanagement of a...

There are many misperceptions surrounding trusts and trust administration. For Minnesota residents, these may lead to difficulties and even later trust litigation.In addition to the falsehood that trusts reduce taxes, trusts do not automatically provide protection...