On behalf of Lang Law Office posted in Guardianships & Conservatorships on Friday, October 31, 2014.
Minnesota residents may be interested in some information about the differences between guardians and conservators. While they have some things in common, their purposes are quite different. Both guardians and conservators are appointed as a result of court proceedings to assist someone who is not able to help themselves. This usually happens when the person… Read more »
On behalf of Lang Law Office posted in Guardianships & Conservatorships on Friday, October 24, 2014.
When people are no longer able to make medical and financial decisions for themselves, someone might petition for a guardianship that grants the petitioner the power to make decisions for the incapacitated person, legally known as a ward. The amount of power is limited by the court and cannot inhibit the ward’s personal freedoms or… Read more »
On behalf of Lang Law Office posted in Estate Administration & Probate on Wednesday, October 08, 2014.
Probate is the court-supervised process of distributing a person’s assets on death. Probate laws vary from state to state, but they generally require an examination of estate assets and payment of debts before distributions to heirs or beneficiaries. Minnesota’s probate laws apply to the estates of Minnesota residents as well as to real property within… Read more »
On behalf of Lang Law Office posted in Estate Administration & Probate on Monday, September 15, 2014.
Minnesota residents contemplating the most appropriate approach to estate planning for their needs may want to focus on the probate process as they make decisions. Probate is defined as the process of proving that an individual’s will is valid, determining who the heirs are, handling the appointment of legal responsibilities such as conservatorships or guardianships… Read more »
On behalf of Lang Law Office posted in Guardianships & Conservatorships on Friday, September 05, 2014.
Minnesota residents who are interested in estate planning may wish to know more about the role of a guardian. This type of position can be extremely important in many estate planning situations. A guardian is a person who is appointed to take action on behalf of someone who cannot take those actions themselves. The guardian… Read more »
On behalf of Lang Law Office posted in Estate Administration & Probate on Friday, August 08, 2014.
Minnesota residents thinking about their estate plan might want to start planning for their ‘digital estate.” With so many people storing so much data in various email accounts and social networking sites, transferring these digital assets has become a new area of estate planning. The failure to plan for the fate of digital assets could… Read more »
On behalf of Lang Law Office posted in Estate Administration & Probate on Wednesday, July 30, 2014.
It is always recommended that Minnesota residents put together a plan regarding what they would like to happen to their estate in the event that something happens to them. While a good plan may keep family members from fighting over assets, there are major mistakes that are commonly made when it comes to planning. Some… Read more »
On behalf of Lang Law Office posted in Estate Administration & Probate on Thursday, July 24, 2014.
When someone passes away in Minnesota, friends and family may expect to receive a portion of the individual’s assets based on what is in their will. However, there are some cases where individuals die with unpaid debts, and people may worry that they will be held responsible for paying off credit card balances or automobile… Read more »
On behalf of Lang Law Office posted in Guardianships & Conservatorships on Wednesday, July 16, 2014.
One of the biggest expenses during retirement may be the cost of entering a nursing home or an assisted living facility. However, many Minnesota residents are not planning for this expense or have an idea of how much it may cost to access these services. It was reported by MoneyRates.com that 57 percent of Americans… Read more »
On behalf of Lang Law Office posted in Trust & Probate Administration on Wednesday, June 18, 2014.
Minnesota residents may be interested in the ongoing legal battle between Donald and Shelly Sterling over the sale of the Los Angeles Clippers basketball team. The latest legal moves by both parties may delay the sale, as the league waits for resolution before moving forward with penalties against Donald. The Clippers franchise is owned by… Read more »