A trust is just one of many estate planning tools that a Minnesota resident can choose. A recent post on this blog discussed how a trustee in Minnesota has a right to make reasonable investment decisions on behalf of the trust and its ultimate beneficiaries. While...
Blog
Month: April 2015
What is attorney self-dealing and what can be done about it?
Most Minnesota attorneys do their work honestly and competently. Unfortunately however, there are some who use their legal knowledge and skill to their own advantage and at their client's expense. In the context of a will or a trust, this often happens when an...
The ‘prudent investor’ rule’s role in Minnesota trust disputes
In Minnesota, administrators of family trusts, often called "trustees" have a lot of power. Sometimes, they are in control of millions, or even tens of millions, of dollars in assets. With this power comes a lot of responsibility. Minnesota trustees have an obligation...
For determining value of estate, what is control stock?
The last several posts on this blog have discussed the valuation of stock or other types of interest in a business within the context of probate litigation. Although valuing an interest in a business is simple enough for stocks that are traded on the open market, it...
Our firm will fight to help you keep the family farm or business
As the last two posts on this blog have discussed, sometimes the crux of asset disputes following a person's death, or even during his or her life, center around the ownership of a business.Many businesses in Minnesota, including small family businesses and farming...