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Posts tagged "distribution of assets"

Judge: Hidden art belongs to heirs, not home buyer

We're all familiar with the phrase, "finders, keepers," but the old adage certainly does not hold true in every instance. With that in mind, Twin Cities residents may be interested in an unusual case of probate litigation. According to a news report, a judge decided that valuable artwork discovered hidden in a deceased artist's former home belongs to the artist's heirs and beneficiaries, not to the homeowner who discovered the hidden art stash.

Questions of residency in estate administration

For some Minnesotans, the question of where to open an estate may be a bit complicated if the estate owners pass away with assets located in more than one state. For example, some residents in the Twin Cities area may split their time each year between two homes, one in Minnesota and one somewhere else. So where should the legal distribution of assets take place if it isn't clear exactly where the estate owners held permanent residency?

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contact Mason & Helmers in St. Paul, Minnesota. Call 651-323-2548 or 877-389-5533 (toll free) to set up an appointment.

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Mason & Helmers
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