TRANSFER ON DEATH DEEDS

Since May of 2008, Minnesota law has allowed you to transfer title to real estate you own to a beneficiary expressly stating that the deed is only effective upon your death. The use of a validly executed “transfer on death deed” (TODD) enables you to avoid the...

How Do I Create a Power of Attorney?

An attorney is not legally required to prepare a power of attorney. However, you should know that powers of attorney are required to be: In writing; Signed by you in front of a notary public; Dated appropriately; and Clear on what powers are being granted. CREATING A...

What is a Power of Attorney in Minnesota?

A power of attorney is a document authorizing someone to act on your behalf. You determine how much power the person will have over your affairs. The person who authorizes someone else to act on his or her behalf is called the “principal”. The person given the power...

MINNESOTA PROBATE AND BOND REQUIREMENTS

In some cases, the probate court may require a personal representative to post a bond. This article will explain what a “probate bond” and when a probate bond might be required by the court. PROBATE BOND In some cases, the probate court may require the personal...