Daughter Is Put On Elderly Mom's Bank Account Putting a sibling's name on Mom's bank account can be a very bad idea. The solution seemed simple, as Mom was in poor physical and mental health. Daughter Amy was put on as a joint owner on Mom's $300,000 account. Amy's...
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Family Loans Come With A Price When a child borrows money from a parent, especially a large amount, it is not uncommon for the other siblings to be jealous or at least curious about the family loan. However, if the loan goes unpaid before the death of the parent, this...
Family Loans Come With A Price When a child borrows money from a parent, especially a large amount, it is not uncommon for the other siblings to be jealous or at least curious about the family loan. However, if the loan goes unpaid before the death of the parent, this...
Obligations For Child Support All too often when a parent dies who has minor children, the custodial parent loses out on child support. This is unfortunate but it can be handled in the probate proceeding. However, time is of the essence. The parent who takes care of...
The Importance Of The Personal Representative The Personal Representative (also known as the Executor) is responsible for many of the activities in the Minnesota probate process, including collecting the assets, organizing the estate, distributing assets, and...
The Importance Of The Personal Representative The Personal Representative (also known as the Executor) is responsible for many of the activities in the Minnesota probate process, including collecting the assets, organizing the estate, distributing assets, and...
Obligations For Child Support All too often when a parent dies who has minor children, the custodial parent loses out on child support. This is unfortunate but it can be handled in the probate proceeding. However, time is of the essence. The parent who takes care of...
Brother Takes Care Of Grandmother's Finances Mary lives in Saint Paul with her grandmother Marjorie, whom she has taken care of for the past four years. Her brother, Richard, offered to take care of Marjorie's finances so the grandmother signed a power of attorney for...
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...