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Inheritances Archives

Handling digital assets upon death


Estate planning has long dealt with transferring property such as real estate, funds and jewelry as inheritances. Technology, however, has created new issues with the advent of digital assets such as the information stored social media, Twitter, blogs, personal or professional websites and online bank accounts. Minnesota residents may be surprised to hear, however, that many existing wills, estate plans and trusts have not properly addressed digital property, which can end up in contentious court fights.

Trusts can potentially prevent disputes between loved ones


Parents in Minnesota may not wish to leave equal inheritances to their children, because of their unequal income and resources and their different need for the inheritance. They may also have different expenses such as an upcoming college education for their children or have expenses associated with a child with a disability. A parent may want to completely or partially disinherit one of his or her family members.

When shouldn't one make an outright gift to a loved one?


Many accounts allow the transfer of some property or inheritances to family members and others in Minnesota without undergoing probate, such as jointly-owned accounts and real estate, retirement accounts and life insurance policies and transfer on death or in trust for accounts. These are usually transferred outright to beneficiaries upon the presentation of a death certificate. A living trust may also be created that becomes effective immediately upon execution

Assistance in navigating the inheritance process


When a loved one dies, such as a parent or grandparent, it can be a stressful situation for many Minnesota families. Dealing with the grief of losing someone and the details that surround the death, including a funeral, life insurance benefits, death certificates, and other important paperwork. But sometimes families can disagree when it comes to the inheritances that are being passed down. This is where our firm can be helpful in resolving complex disputes.

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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