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August 2011 Archives

I Need My Inheritance Now

Minnesota-Probate-Attorney-Image-I-Need-My-Inheritance-Now.pngAn Upcoming Inheritance

Your Dad died last month. You know that you are in line to get a sizable inheritance. While you are saddened by his death, the inheritance couldn't come at a better time because you are behind on your mortgage and need money to catch up before it goes into foreclosure. You talk to the personal representative (also known as the executor) and he tells you that it will be at least six months before all his accounts, bills and other obligations are sorted out and his estate is distributed.

I Need My Inheritance Now

An Upcoming Inheritance

Your Dad died last month. You know that you are in line to get a sizable inheritance. While you are saddened by his death, the inheritance couldn't come at a better time because you are behind on your mortgage and need money to catch up before it goes into foreclosure. You talk to the personal representative (also known as the executor) and he tells you that it will be at least six months before all his accounts, bills and other obligations are sorted out and his estate is distributed.

Senior Woman Wants To Protect Her Estate After New Marriage

Senior Woman Meets New Man

Elizabeth is a senior woman. She is a very independent person and has been diligent in saving money throughout her entire life. Her husband Albert died five years ago. After his passing, Elizabeth was very lonely until she met Ronald, whose wife Audrey died three years ago.

Protecting The Estate Over Several Marriages

Multiple marriages frequently bring complexity to estate planning. While some people need a few tries to find true love, just one slip up on a will can cost the heirs of a past marriage the entire estate. This potential for error can be something that many people overlook.

Co-Executor On A Probate Split Decision

A Disagreement Over The Estate

In some instances, there can be co-executors on a Minnesota probate (another name for executor is personal representative). This is not uncommon. However, it can also pose a very serious dilemma. What happens when the co-executors disagree on how to handle the estate?

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