Although the parties involved were reportedly close to resolving their differences, it now appears that the ongoing probate dispute over the estate of baseball great Ernie Banks, a Hall of Fame player who may be a familiar name to Saint Paul, Minnesota, baseball fans, will continue for the time being.
While not all Minnesota probate litigation can be prevented, there are some things that an executor, often called a personal representative, can do to reduce the possibility of a lawsuit being filed in connection with an estate.
As this blog has mentioned in recent posts, when a Minnesota resident dies without a will, it can cause a great deal of additional, and oftentimes unnecessary, conflict. In these instances, families in Saint Paul are more likely to find themselves fighting over even little details like pet care and funeral arrangements, not to mention the amount of person's inheritances.
As this blog has talked about previously, a personal representative in a Minnesota estate case has a lot of power. Basically, he or she calls the shots about how estate property is managed and can greatly affect whether other family members and friends receive all of their inheritances.
As many readers of this blog already now, the world famous rock star, Prince, who made his home in the Twin Cities area of Minnesota, recently passed away. Unfortunately, there is also some speculation that, despite being worth hundreds of millions of dollars, Prince did not leave a will.
The last several posts on this blog have discussed how mediation might be right for some families who are going through a will contest or other probate litigation. Indeed, for the right cases, mediation can save a Minnesota family a lot of time, money and stress.
Every so often, this blog has offered advice on how Minnesota residents can avoid a situation in which their loved ones and family members get involved a heated probate dispute between themselves. While many of these tips have focused on how people draft a will or trust, there are things that Minnesotans can do beyond the actual drafting of a will that can help prevent a nasty and expensive will contest.
This blog has previously discussed ways Minnesota residents can, to the extent possible prevent a costly and stressful inheritance dispute. While not all disputes are avoidable, there are some ways that a resident of Saint Paul can do to prevent a will contest.
Many Minnesotans may have seen or heard about kits that walk a person through the drafting of a will. While it is certainly one's personal choice whether or not to use these sorts of products, the resident of Saint Paul should be aware of the fact that homemade wills, even if the they save money upfront, can cause expensive will litigation down the road.
Before any of this blog's Minnesota readers get the impression that probate litigation only happens when there is a lot of money at stake, they should be aware of the unfolding story of the probate fight involving the will of the mother of a big city mayor. The mayor and his seven siblings are currently wrangling over the details of their late mother's estate.