Congratulations! You’ve made the decision to sell your home. You’ve packed and cleaned and scrubbed until your house was in tip-top shape. You’ve found a buyer and settled on a purchase price…now what? Do you need to have a written agreement? What has to happen before the purchasers can move in and you can move [...]
Congratulations! You’ve made the decision to buy a home! Maybe this is your first purchase. Maybe it’s your fifth, but it’s been years since your last closing. Either way you’ve got tons of questions. What is a closing? Do you need a lawyer? How much does closing on a house cost? Read on to find [...]
The probate and trust administration attorneys at Rochford & Langins, LLC will help give you peace of mind when you have lost a loved one. Probate and trust administration can be time consuming, complex and emImage result for probateotionally draining. If you are the personal representative for a probate estate, or named as the trustee [...]
Is a revocable living trust or a will more appropriate for my family? This article will help you decide if a revocable living trust is right for you and your family. A revocable living trust is commonly used in place of a will. There are many reasons families in Rochester, Minnesota come to the estate [...]
Many young families know they should have an estate plan in place, but put it off because they think it will be too expensive or, like most people, they just don’t want to think about becoming sick or dying. However, having a young family means your kids and spouse rely on you, so you owe [...]
How to Avoid Probate in Minnesota It saddens me when I have to tell a family that just lost a loved one “I’m sorry but you need to go through probate.” Probate can be a long, contentious, frustrating and a VERY expensive process. For these reasons, most people will try to avoid probate in any [...]
What does a will do? If you die without a will, the State of Minnesota’s Intestacy Laws will decide how your property is divided. By creating a will, you are telling the Probate Court in your County your last wishes in regard to several things, for example: You may choose to pass assets to persons [...]
Most business owners are looking for additional liability protection when establishing their estate plan. They are typically fearful of an employee or customer suing for more than their insurance will allow for, or piercing the corporate veil and then coming after the owner’s personal assets. A revocable living trust is a great tool for incapacity, [...]
How do I transfer real property into my revocable living trust? Our attorneys will assist you with the retitling of your property. Typically, your property can be quit claimed from you as an individual to the trustee of your trust. For example, if you established a joint revocable living trust on January 1, 2015, the [...]
One of the most common misconceptions people have is that, when a spouse dies leaving their estate to the surviving spouse, no probate is required. If the spouse who passed away had title to real property held in their name alone or as a tenant in common, or they had assets with a value of [...]