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Heirs & Beneficiaries Archives

Are there restrictions on an attorney-in-fact's self-dealing?

Many residents of Saint Paul may at some point in their lives have to resort to relying on an attorney-in-fact in order to help them maintain their property. Minnesotans can appoint an attorney-in-fact by creating and signing a valid Minnesota power of attorney that gives the attorney in fact the right to make important financial decisions for the protected person.

Representing Minnesota conservators

The last several posts here have discussed the powers, roles and responsibilities of Minnesota conservators. If anything, the information may convince our Saint Paul readers that they do not want to ever serve as a conservator. However, many Minnesota residents will experience a time in which a loved one needs another person to look after his or her property in order to protect and preserve it.

The responsibilities of a conservator in Minnesota

There are certain legal terms in Minnesota when it comes to inheritance that an heir might not fully understand. This doesn't imply that the word itself is confusing, but the duties of a person whose responsibility it is to function as a conservator are not entirely clear. What are the steps that must be taken to perform the tasks in an aboveboard fashion? There are certain rules that a conservator must follow on an annual basis to adhere to the responsibilities.

Guardianships: how 'incapacity' relates to 'competency'

Last week's post discussed how a person who wishes to write a will in Minnesota must have the "competency" to do so. The post also explained that showing "competency" to write a will is fairly easy. All a Minnesota resident need be able to do is show that he or she has the ability to know that general value of his or her property and to whom or he or she might wish to give it.

Estate of Martin Luther King Jr. still embroiled in litigation

As many residents of the Saint Paul area may already be aware, the heirs to the fortune and legacy of Martin Luther King Jr., whom many Minnesotans will commemorate in the upcoming days, have been engaged on ongoing litigation over many aspects of the late civil rights leader's estate. This litigation recently received national attention.

How do a guardianship and a conservatorship differ?

Many Minnesotans who follow this blog have probably read about guardianships and conservatorships and the probate issues that can arise on account of them. However, other residents of Ramsey County might not have an exact idea of how a guardianship works.

Probate fight over sale of basketball team continues

Minnesota basketball fans, and particularly those who follow this blog regularly, are probably aware of the ongoing court battle over the sale of a major professional basketball team in another state. The sale not only has attracted national attention because parts of the story have racial overtones but also has raised several interesting issues about probate law.

Buying a home before marriage could lead to probate issues

According to a recent report, more and more couples in a committed relationship are buying a house for themselves even before they get married. According to this report, 25 percent of those couples between ages 18 and 34 purchase a house before they say their wedding vows.

Estate planning in Minnesota without a beneficiary

During most people's lifetimes, they can accumulate a lot of assets. These assets may be in the form of money, investments, personal property or real estate. However, no matter what form the assets take, people cannot take them with them when they pass. Therefore, people need to come up with an estate plan to handle how their assets should be dealt with in the event of their death.

Longest running probate contest in the country?

Some Minnesota residents may have had the misfortune to be involved in an extended probate dispute. Probate administration can oftentimes involve prolonged and painful litigation. However, most resident experiences may well pale in comparison to a probate battle that has waged since at least the early 1980s.

For Assistance with Estate Disputes & Other Matters, Contact Us

To learn more about the firm and how we can assist you,
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

Mason & Helmers
332 Minnesota Street
Suite W-3070
St. Paul, MN 55101

Toll Free: 877-389-5533
Phone: 651-323-2548
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