When a person passes away, they often leave behind a collection of assets or a estate that is passed on to a set of beneficiaries. At times, they often leave behind debts that also need to resolved. The main questions that people have is who is responsible for paying them?…
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Many new business owners often ask why they need to obtain a surety bond in Minnesota. This isn’t unique to Minnesota; most states require businesses in certain industries to obtain surety bonds on top of the commercial insurance they already carry. That’s because surety bonds and commercial insurance protect and…
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Setting up a conservatorship or guardianship comes with a few costs, most of which people don’t really expect when they begin thinking about appointing someone to the position. If you are thinking about appointing a guardian or conservator for a protected person, these are a few of the costs you…
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As a fiduciary or guardian in Minnesota, it is a person’s responsibility to not only manage the assets of a person, it is also their responsibility to work with the courts and their attorney to close out their case when their duties are completed. There are many fiduciary roles in…
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When a person dies without a will or trust, their assets are subject to the laws of probate within their state. While these laws will differ from state to state, many states follow similar legal protocols when it comes to distributing a person’s assets, which can include: Possessions Real estate…
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When dealing with cases involving surety bonds, there are times when the court may issue a protective order. Protective orders, like temporary restraining orders, usually prevent a party from taking some type of action. The party may be prohibited from transferring a bank account, selling or disposing assets, making changes…
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When a person is no longer able to take care of their personal health, day-to-day affairs, personal finances, or any other aspects of their life, it’s essential for their loved ones to help them set up a guardianship, conservatorship, or both. Guardianships are the best way to provide aid to…
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Wards, whether they are under a guardianship or conservatorship have a specific set of rights that they are guaranteed by law. If you are about to enter a guardianship or conservatorship, it is imperative that you understand the rights guaranteed to wards in your state. Note: the laws regarding guardianships…
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Any person who is seeking a Subsurface Sewage Treatment System (SSTS) license in Minnesota must procure an applicable surety bond, according to the Minnesota Pollution Control Agency (MPCA). If you are looking to open an SSTS business in the state of Minnesota, here is what you need to know about…
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When children in Minnesota reach the Age of Majority (18 years old), they are legally considered adults. With this comes many rights and responsibilities: they can legally move out without their parents’ permission, enter into contracts (in accordance with common law), and much more. For children who have certain disabilities…
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