Even when a Minnesota resident plans his estate, problems may arise after their death. There are many reasons why an estate can run into a probate dispute and these often can lead to family distress.
Stan Lee, the legendary Marvel comics creator, died recently, leaving behind a large estate. Minnesota residents who have lost a loved one, know how difficult settling an estate can be. Many times, families wind up in disagreements over how to distribute the estate, pay creditors, etc. Stan Lee's estate looks like it may be headed for a heated battle among his heirs.
Many Minnesota families understand the emotional trauma of a family conflict over a loved one's estate. No matter how well someone plans their estate, they cannot plan for an unexpected family squabble over it. An inheritance dispute can happen to any family and in these circumstances, hiring an attorney may be a good idea.
When a person has been named a beneficiary of a loved one's estate in Minnesota, it is often viewed as a special gift. Most of the time, disbursements of assets to beneficiaries occur without incidence, but sometimes beneficiaries may wonder if they have any rights. Executors of an estate do have certain obligations to its beneficiaries.
Despite how hard families may try, no Minnesota family is perfect. This can make for difficult estate planning for families who have issues in their family. Most parents want to give their children equal share of their estate, but when substance abuse is present it can lead to complications and probate litigation.