Probates: The Basics

After a loved passes away, probate. Probate is a court-supervised legal process that:

  •  Certifies a will is valid, and
  •  Administers the transfer of the deceased’s personal or business assets to heirs and beneficiaries.

Although probate may be considered a “necessary evil,” having a Court’s supervision (even limited) over the distribution of the estate can help resolve or avoid potential conflicts.

 

Probates: Formal & Informal

In a formal probate, the Court and a judge supervises the process. Because of the ongoing supervision over many more activities and number of steps, the legal fees, administrator fees, and expenses are higher. An informal probate in Minnesota uses a registrar, who, instead of a judge, supervises at the beginning and at the end the end of the process. Most steps are handled by the estate’s personal representative, often a family member. With less Court supervision and fewer fees, the process is easier and costs less.

 

My Loved One Had A Will. Can We Avoid A Formal Probate?

Not always. A well-drafted will that clearly designates which assets go to which beneficiaries may help avoid a formal probate. However, the Court may require a formal probate if the will is not clear, if it is outdated, if it was not properly executed (i.e., signed and properly witnessed

before a notary), or if one or more of the beneficiaries are likely to contest the will.

 

Professional Probate Services in Golden Valley, Minnesota

For guidance through the probate process,  contact rb LEGAL . We provide a wide range of legal services for individuals and businesses in Golden Valley and the surrounding Twin Cities metro area. To schedule a consultation, call us at 763-582-1414.

Get the Latest Updates

By completing this form, you agree to receive automated SMS messages, emails, and voicemails from rb LEGAL. Your information will not be shared, and you may opt-out at any time.

Categories

A Plan That Grows With You

Life is always changing. Your estate plan should, too.

At rb LEGAL, we’re here to help you build a plan that evolves with you and supports the people you love. Whether you are planning for the first time or updating an old plan, we will guide you through the process with clarity and care.