Last week's post discussed how a Minnesotan who has been wrongfully cut out of a will can challenge the document even if the will seems on the face to be legally and properly signed. While the post mentioned legal ways by which a person can challenge a will, the post also correctly implied that will contests of this nature can be very difficult to prove.
For our regular Minnesota readers, last week's post may have raised a question in their minds as to whether they may have elderly loved ones who have been subject to some form of financial scam. In addition to scams involving unnecessary living trusts, elderly Minnesotans can be subject to all kinds of ruses that can leave them in a bad financial state at the end of their lives. This bad financial state in turn means that they have very little to pass on to their loved ones, even if doing so was always their intent.
Under Minnesota law, a person is not required to have a will. However, a will can be a useful item that maps out how a deceased person's estate will be divided up, and can help insure each person receives the correct inheritance. Whether a person is in their 20s or 80s, it's never too early or too late to create a will. After a will is made, there can be many reasons a person might choose to update it.
Those Minnesota residents who either have been through a probate dispute with other family members or who have followed this blog regularly may be wont to think that it is a common occurrence for a disgruntled family member or friend to challenge a deceased person's will.
There are many senior citizens in Minnesota who have a great deal of wealth but do not have a lot of family members or loved they could leave an inheritance to. While this situation may present a great opportunity for that person to leave their fortune to charities of their choice, it also presents an occasion for unscrupulous people to take advantage of an elderly person and funnel that person's wealth to himself or herself.
When "do-it-yourself" is an option, it can be hard to resist the temptation of bypassing outside assistance. While this method can indeed be great for some tasks, it can also pose an issue when applied to more complex situations. In the age of quick and easy do-it-yourself estate planning, details can get lost in the shuffle, causing expensive problems down the road.
In an update to last week's post that many of our Minnesota readers may have noticed, it seems that while the family of Mickey Rooney may still plan to dispute the late actor's will, it seems that they have agreed on his final place of rest.
Many Minnesota are saddened by the recent death of longtime Hollywood celebrity Mickey Rooney. However, they may be interested to know that, even though he reportedly has an estate of only $18,000, his children have indicated that they plan to challenge his most recent will.
Minnesotans who have been through a contested probate case or other inheritance dispute know that such controversies can take an enormous emotional and financial toll on families. While some of these probate fights may be unavoidable, there are things that Minnesotans can do to prevent some probate controversies.
Some Minnesota residents may travel south during the late winter or early spring this year in order to take a break from 2014's bitterly cold winter. While on vacation, some may have stayed at the famous Fontainebleau hotel that is located in a resort area in a southern state. Those who have seen this hotel may be interested in the ongoing developments of a red-hot will contest among the family members and the other associates of the man who was once heir to this famous hotel.