On behalf of Peterson Law Office, LLC | Jan 11, 2011 | Estate, Firm News, Probate
Probate Pays Off Debts And Distributes Assets Probate is the process of paying the debts and distributing the assets of someone who has passed away without a will. It involves an executor or personal representative to act on behalf of the estate to complete the...
On behalf of Peterson Law Office, LLC | Jan 8, 2011 | Firm News
When Is Probate Needed? Probating of the decedent’s estate is needed if there are items of property that need to be titled or transferred to his or her heirs or beneficiaries. However, probate proceedings are not needed in cases if the decedent held all of his...
On behalf of Peterson Law Office, LLC | Jan 8, 2011 | Assets, Firm News, Probate
When Is Probate Needed? Probating of the decedent’s estate is needed if there are items of property that need to be titled or transferred to his or her heirs or beneficiaries. However, probate proceedings are not needed in cases if the decedent held all of his...
On behalf of Peterson Law Office, LLC | Jan 8, 2011 | Firm News
Probate Pays Off Debts And Distributes Assets Probate is the process of paying the debts and distributing the assets of someone who has passed away without a will. It involves an executor or personal representative to act on behalf of the estate to complete the...
On behalf of Peterson Law Office, LLC | Jan 6, 2011 | Elderly, Firm News, Guardianship, Power Of Attorney, Retirement
Parents Can Become Dependents, Too We are all acquainted with the process of when an orphaned minor needs a guardian until he or she becomes an adult. But what happens at the other end of the age spectrum, when the parents become physically or mentally disabled and...
On behalf of Peterson Law Office, LLC | Jan 5, 2011 | Firm News
Who Is The Executor? The person who is charge of administering the estate is called the “personal representative” or “executor”. They mean the same thing. Because more people have heard the term executor, I will use that title for the...
On behalf of Peterson Law Office, LLC | Jan 3, 2011 | Firm News
Does Your Case Require Probate Court? In Minnesota, if the estate is one that involves real estate or if the assets are more than $50,000, then in most cases there must be a probate proceeding. This is true whether or not there is a Will. Minnesota Probate Is...
On behalf of Peterson Law Office, LLC | Jan 3, 2011 | Executor, Firm News
Does Your Case Require Probate Court? In Minnesota, if the estate is one that involves real estate or if the assets are more than $50,000, then in most cases there must be a probate proceeding. This is true whether or not there is a Will. Minnesota Probate Is Begun By...
On behalf of Peterson Law Office, LLC | Jan 1, 2011 | Firm News
Mom Has Passed Away Mom just died in Minnesota and the children are fighting over whether she should be cremated, where the funeral should be and where she should be buried. This can be a very difficult time for the family, and unfortunately, can be a very common...
On behalf of Peterson Law Office, LLC | Jan 1, 2011 | Firm News
The Clock Starts Running In Minnesota, the clock starts running on handling the estate as soon as the personal representative or executor is appointed by the probate court. The executor receives the “Letters Testamentary” from the court if there is a will....
