What You Need to Know about Minnesota’s Uniform Trust Code Part I: Dual-Track Jurisdiction

Julian Zebot / April 2, 2015
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This is a first in a series of posts discussing different aspects on the new statute, Minnesota’s Uniform Trust Code (UTC), which becomes effective January 1, 2016. While this series will be useful information for all Epilawg readers, it is geared towards those readers that are attorneys, fiduciaries and their clients. At long last, Minnesota […]

Vacationing Without the Kids??

Jayne Sykora / March 30, 2015
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Designation of Standby or Temporary Custodian for your Child So, you and your spouse are finally ready to take that vacation to Mexico – without the kids. The flights are booked, your bags are nearly packed and thoughts of warm weather and a beach are in the forefront of your mind . . . as […]

How to Collect Your Final Wages

Joseph Larson / March 23, 2015
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Collecting Final Wages from Your Employer Most of us don’t work for free. If your employer hasn’t paid you all of the wages you’ve earned, then that’s exactly what you’d be doing. What follows is a quick guide on what to do if your employer owes you wages. The rules for wages due to an […]

Painless Probate: Closing Informally

Kassandra Heinrich / March 19, 2015
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I really don’t know how probate got such a bad reputation, but in my experience it isn’t that bad. As other contributors to Epilawg have noted (see for example: Estate Planning Myth #6: I Must Avoid Probate), Probate can be a pretty painless process. Closing an Informal Probate illustrates that point perfectly. In 3 easy […]

Postnuptial Agreements

Jayne Sykora / March 12, 2015
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We’ve written before about prenuptial agreements (“prenups”), which are agreements entered into by a couple before marriage that most often outline the ownership and division of property should a marriage end either by divorce or death of one of the spouses. In previous posts, Jen Santini provided a general overview of prenups and Erika Rosenhagen […]

Dissolving a Business Entity: Why & How

Jayne Sykora / March 9, 2015
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Oftentimes, on the cusp of starting a new business, a business owner(s) is excited, slightly anxious, and cautiously optimistic about the future. In this haze of excitement, what often is not discussed, considered or even understood, is what happens if the business does not succeed, or, the owner(s) simply wants out. According to the Small […]

Unintended Consequences of Disinheriting Children

Jennifer Santini / March 5, 2015
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One thing I learned quickly after becoming an estate planning attorney is that there are often times when my clients’ wishes are not the same as what I would do in their particular situation. For example, the first few times I encountered clients who wished to disinherit their children for reasons more emotionally driven than […]

Selling Real Estate Out of a Conservatorship

Jayne Sykora / February 23, 2015
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Last fall, I covered the basics on conservatorships (see: Conservatorship Basics Part 1 and Part 2). As a review, a conservatorship is needed when an adult individual is impaired to the extent of lacking sufficient understanding or capacity to make or communicate responsible personal decisions, and who has demonstrated deficits with managing property and business […]

Minnesota and the UTC

Maggie Green / February 19, 2015
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The 2015 Minnesota Legislature may adopt the Uniform Trust Code.  The proposed legislation would provide new rules regarding the administration of trusts, codify some common laws and clarify procedures available to those involved with the administration of trusts.  Take a look at this review on JD Supra that outlines the changes and impact that the proposed legislation will have […]

In the News: Facebook’s Legacy Contact

Jennifer Santini / February 16, 2015
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Last week, Facebook announced that users of the social media website could designate a “legacy contact,” who would be able to control and manage the user’s Facebook page once the user passed away. The legacy contact would have some limitations to what they can do with the user’s account but they would be able to […]

Timeshare Exit Strategies

Jayne Sykora / February 5, 2015
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Over the last few years, I have had a few clients who own timeshares. A timeshare is typically a resort of units in which multiple parties hold rights to use the property and each owner is given a specific period of time (i.e., one week per year) in which the owner may use the property. […]