Revocable Trust
Most people are familiar with what is known as a Revocable Trust. These are typically used in planning for one’s death, or for the onset of disability. One of the attractive things about a Trust is privacy.
In order to be effective, a Revocable Trust must be funded. What does that mean? Titling the appropriate assets so that the Trust owns them and identifying the Trust as the beneficiary of the applicable assets. Funding a Trust is an area where many people run into problems. They assume that after the Trust has been drafted and signed that there is no more work to be done, or that the attorney is handling everything. Another major concern is who to name as successor Trustee.
Do you want a trusted family member? Will that person be too busy to handle the task. Should a corporate trustee be named instead, or act as a co-trustee?
If you would like a free consultation, please contact us today. We offer free in-home visits. Simply complete the free legal consultation form online or call the office nearest you.
Minneapolis – 612-767-2009
St. Paul – 651-789-0059
Southern Suburbs – 952-767-0121
Northern Suburbs – 763-231-0383
Outstate – Call Toll Free – 1-866-777-2557
Vanderhyde & Associates
Scott County Probate Attorney
What is Probate? Generally speaking, it is a court procedure used to determine whether or not a will is valid and how an estate shall be administered. It typically involves gathering together the decedent’s assets, eliminating the decedent’s liabilities, paying the taxes which are owed, and finally distributing the remaining property and [...]
Sherburne County Probate Attorney
What is Probate? Generally speaking, it is a court procedure used to determine whether or not a will is valid and how an estate shall be administered. It typically involves gathering together the decedent’s assets, eliminating the decedent’s liabilities, paying the taxes which are owed, and finally distributing the remaining property and [...]
Stearns County Probate Attorney
What is Probate? Generally speaking, it is a court procedure used to determine whether or not a will is valid and how an estate shall be administered. It typically involves gathering together the decedent’s assets, eliminating the decedent’s liabilities, paying the taxes which are owed, and finally distributing the remaining property and [...]
Wright County Probate Attorney
What is Probate? Generally speaking, it is a court procedure used to determine whether or not a will is valid and how an estate shall be administered. It typically involves gathering together the decedent’s assets, eliminating the decedent’s liabilities, paying the taxes which are owed, and finally distributing the remaining property and [...]
Washington County Probate Attorney
What is Probate? Generally speaking, it is a court procedure used to determine whether or not a will is valid and how an estate shall be administered. It typically involves gathering together the decedent’s assets, eliminating the decedent’s liabilities, paying the taxes which are owed, and finally distributing the remaining property and [...]
St. Louis County Probate Attorney
What is Probate? Generally speaking, it is a court procedure used to determine whether or not a will is valid and how an estate shall be administered. It typically involves gathering together the decedent’s assets, eliminating the decedent’s liabilities, paying the taxes which are owed, and finally distributing the remaining property [...]
Crow Wing County Probate Attorney
What is Probate? Generally speaking, it is a court procedure used to determine whether or not a will is valid and how an estate shall be administered. It typically involves gathering together the decedent’s assets, eliminating the decedent’s liabilities, paying the taxes which are owed, and finally distributing the remaining property [...]
