by admin | Sep 25, 2020 | All Law, Estate Planning
There are a number of reasons one might want to take advantage of Minnesota’s Uniform Disclaimer of Property Interests Act (Minnesota Statutes Sections 524.2-1101 to 524.2-1116), which became effective on January 1, 2010. You may have a substantial estate which will...
by admin | Sep 23, 2020 | All Law, Probate
Courts in the State of Minnesota cannot open a probate file for a person who has been dead for three or more years. When more than three years has passed since a person died, Minnesota law requires a special proceeding called a “determination of descent”. In this...
by admin | Sep 11, 2020 | All Law, Real Estate
In Minnesota’s Torrens system, a “Torrens title” is granted by Court order at the completion of a title registration proceeding. Title is registered in the name of the owner, with a specific legal description. A new “source of title” is created, called a Certificate...
by admin | Sep 3, 2020 | All Law, Real Estate
Minnesota has two entirely different systems of land title records. Before Minnesota’s “Torrens Act” was enacted in 1901, all land in Minnesota was “abstract land”. With abstract land, private abstract companies either continue already existing, “abstracts of title”...
by admin | Aug 19, 2020 | All Law, Elder
WHAT ARE THE TYPICAL COSTS AND FEES I WILL BE LOOKING AT? According to the Consumer Financial Protection Bureau, reverse mortgages are more expensive than other types of loans. Unlike traditional mortgages, the amount you owe on your reverse mortgage will grow the...