Trust Administration

  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...

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...

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...

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,...

Although no one wants to think it happens, many elderly people in Minnesota, even in the Saint Paul area, are exploited by people in their lives who want to take their money. Sometimes, the perpetrator can be a stranger or a newcomer in to the elderly person's life....

A recent post on this blog discussed Minnesota's new trust laws that have been in effect for about a year now. While many of these laws are somewhat technical in nature, others will impact the way Minnesota trusts are administered and litigated, in very basic and...

For almost a year now, trusts being administered in Minnesota have been governed by a new set of laws that had been in the works for several years now. The revisions were meant primarily to update Minnesota's laws related to trusts, as well as trust administration, to...

A recent post here discussed how Minnesota courts will interpret a confusing trust document. Basically, the goal is always to carry out the wishes of the person who created the trust. Of course, figuring out what exactly those wishes are is often the challenge.In this...

One of the reasons trust disputes emerge in Saint Paul, Minnesota, is that the document creating the trust is not clearly written. An unclear document, incidentally, is not always the fault of the person drafting it; sometimes, the lack of clarity is intentional, and,...

As has been discussed in at least one recent post on this blog, many times trust disputes revolve around whether or not a person has the necessary mental capacity to make or continue to administer a trust. Generally speaking, the law of Minnesota will not acknowledge...