There is a range of circumstances that can lead up to the contestment of a will. Significant alterations, disinheritance of children or relatives and other unusual circumstances will at least raise eyebrows, and in some cases, lead to contestment. One of the most...
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Month: November 2016
We’re on top of the new Minnesota trust laws
A recent post on this blog discussed Minnesota's new trust laws that have been in effect for about a year now. While many of these laws are somewhat technical in nature, others will impact the way Minnesota trusts are administered and litigated, in very basic and...
Ruling made on alleged Prince estate heirs
As our Saint Paul, Minnesota readers, this blog has been following the ongoing development of the court battle over the estate of the late rocker, Prince. The case, which is being argued in a Minnesota court, is an opportunity to see how Minnesota probate courts apply...
Overview of Minnesota’s new trust laws
For almost a year now, trusts being administered in Minnesota have been governed by a new set of laws that had been in the works for several years now. The revisions were meant primarily to update Minnesota's laws related to trusts, as well as trust administration, to...
The value of an estate matters in business succession
This blog has discussed in previous posts the complexity and importance of putting a value on the stock in a privately held family business. The issue of how much a business is worth can become especially important when there is a legal dispute over business...