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...
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Trust Administration
What are the rights that a trust beneficiary has?
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...
Is your family involved in a trust dispute?
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...
What are things that can be disputed in a trust?
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...
DuPont trust fight crosses state lines
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...
Misperceptions about trusts
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...
Estate of Bobby Vee in dispute
Minnesota is home to many interesting celebrities and is known for its great musical talent. One of those musical talents, Bobby Vee, died this past October. It was recently learned that his children are now battling over his estate. Trust administration is...
Understanding probate mediation and its benefits
When a loved one passes away, the property and assets left behind are distributed per the directions in the will or living trust. If the instructions were listed in the former or if no such document exists, the estate may be subject to probate court. This type of...
Minnesota firm helping handle with trust disputes
The estate planning process is not unknown to many residents in Minnesota. In fact, several residents have taken the time to draft numerous vital documents for an estate plan. While these documents serve vital roles if an individual becomes incapacitated or dies, if...
4 common legal grounds for contesting wills
Wills are legal documents intended to dictate how someone wishes to distribute their assets after he or she passes on, but for various reasons, family members of the deceased sometimes have reason to contest a will's contents. The process has obvious complications,...