October 2015 Archives

What happens if my will doesn’t meet Minnesota law requirements?

Have a will. You hear that advice repeatedly along with the warnings of what could happen to your assets if you don’t. Generally, without a will, your assets will be distributed to your relatives according to Minnesota state law, which may not be according to your wishes. But, if you do make a will, make sure that you dot your “i’s” and cross your “t’s” – a will that doesn’t meet Minnesota’s legal requirements is no better, maybe worse, than not having one at all.

Choosing the right executor for your will is important

When creating a valid will in Minnesota and preparing the division of your estate after your death, choosing an executor is one of the most important decisions that you will make. A good executor will execute your wishes promptly and successfully, minimizing family friction and scandal. This is a rather big responsibility and often an honor, which is why choosing your executor should not be taken lightly.

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