Trust Administration

This blog has previously discussed the case of Sumner Redstone, a billionaire who owns a large share in Viacom, a major media outlet that might be familiar to residents of Saint Paul, Minnesota. Originally, Mr. Redstone's long-term companion had alleged that he was...

Although our law office has the willingness and the experience to see a hotly contested trust dispute all the way through a trial, many Saint Paul, Minnesota, residents who have the misfortune of having to deal with a messy trust fight, quite possibly with family...

One of the benefits that trusts offer when compared to other estate planning documents is the possibility of entering what Minnesota law calls a "nonjudicial settlement agreement." When two or more parties have a trust dispute or even just want to memorialize their...

As this blog has reminded its Minnesota readers many times, trust litigation does not necessarily have to be between family members. Oftentimes, residents of Saint Paul may want to set up a charitable trust that will benefit a person's favorite house of worship,...

In last week's post, we discussed how it is possible for Minnesota trust disputes to arise over an inheritance when property gets inadvertently left out of a trust at the time of a person's death. This is not as difficult to do as one might seem, as an improper or...

Many Minnesotans may have heard of living trusts, and a few Saint Paul residents may even have one or plan to use one as a tool for passing their property on to their loved ones after they die. Although whether this estate planning tool is the right one for a given...

As many of our Saint Paul readers know, this blog has followed the ongoing trust litigation between the owner of a professional football team and successful businessman, Tom Benson, and his estranged daughter. Now, it appears that the family will try to air out and...

The latest in a series of battles in an ongoing war between a businessman who owns an NFL football team and his family continues as an appeals court recently agreed with a lower court's decision that the businessman should no longer be allowed to serve as trustee for...

A recent post on this blog discussed the responsibilities that a resident of Saint Paul, Minnesota, would have were he or she to agree to be a trustee of a Minnesota trust. As a person reading this post could conclude, trust administration involves many detailed tasks...

A trustee in Minnesota has several important responsibilities that he or she must perform properly if he or she chooses to take on the management of a trust. Some residents of Saint Paul who have to deal with a trust personally may wonder exactly what these...