You have 30 days to obtain a supersedeas bond. This is not an obscure rule by any Minnesota surety or agency, but a federal rule dealing with stays of judgment. This is according to Rule 62 of the Federal Rules of Civil Procedure. What is Federal Rule 62? Federal Rule 62 states (a) Automatic Stay. Except as provided in Rule 62(c) and…
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Conservators are charged with managing the assets of a protected person, including real estate. There may come a time when one of the properties owned by the protected person must be sold. Whether this is simply the best financial decision for the protected person, or the funds made from the sale will be needed…
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One of the major changes over the past few years regarding Minnesota guardianships and Minnesota conservatorships has been an increase in frequency of background checks required by the Minnesota Department of Human Services (DHS). DHS now requires these “Background Studies” to be completed by conservators and guardians every two years instead of every five years. Background Study Requirements for Conservators and…
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Financial exploitation in Minnesota is well documented and unfortunate issue that protected and elderly people and their loved ones must confront. When it comes to managing and distributing the assets of a protected person, there is some room for fraud and abuse, and this type of exploitation has been investigated…
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Being a representative payee means taking on the duties of administering the benefits given to a protected person by an organization like the Social Security Administration (SSA) or The Department of Veteran’s Affairs. When you are appointed as a representative payee for a person’s VA funds, you can also be…
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Being a representative payee is a great way to provide for a close loved one, and while getting the position is not a highly complicated process, there are several challenges associated with being a representative payee that people should be prepared for. What is a Social Security Representative Payee? A…
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Loss securities bonds (also known as lost instrument bonds) are a special type of surety bond that are designed to provide protection for publicly traded companies who sell stock investments in their business. If you are purchasing stock in a company and need to obtain a loss securities bond, there…
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Not to be confused with bail bonds for those who have been arrested for committing a DWI, DWI ignition interlock bonds are a type of surety bond that are generally required by prosecutors for people who have been convicted of a committing a DWI and have entered the state’s Ignition…
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Minnesota offers a variety of medical assistance (MA) and health insurance programs for those who qualify. While the process for applying is rather straightforward, only those who meet certain conditions will qualify for receiving these types of benefits. There are four major types of medical assistance and insurance plans offered…
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How long does it take to obtain a surety bond? Is there any way to speed up the process? These are two of the most common questions asked by those looking to obtain a bond for their case. Whether you need a surety bond for an appeal or injunction, a…
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