Minnesota conservators are required by law to make certain reports throughout their service to the conservatorship in which they have been appointed. These reports can be annual, but they can also be required by the court at other times, including: After a notice or hearing Upon resignation or termination of…
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Establishing a guardianship has a few costs that are associated with setting it up. These can vary based on the state and county you reside in as well as whether or not you choose to work with an attorney. Who pays these fees? In most cases, and depending on the…
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Remote work has become more common in the U.S. by the day. More and more home businesses are starting up, and more companies are allowing their employees to work, at least partially, at home. While those starting up home businesses have their own set of insurance plans to protect their…
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People create trusts for many reasons. Sometimes they want to protect their assets later in life. Sometimes they want to ensure they are properly distributed to their beneficiaries after they pass away. At other times, trusts are used to gradually distribute assets to them over time, providing a type of…
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All Minnesota conservatorships are required to file an accounting every year. These are meant to allow the courts to keep track of the assets and spending of a conservatorship and to ensure that the assets are being properly managed by the conservators in charge of managing them. While the way…
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Replevin is the legal writ that allows seized goods to be restored to their owner, either as a final judgement or a provisional remedy. A replevin bond is a type of surety bond that protects the defendant in a court case, guaranteeing that the moving party will return the defendant’s…
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In an age where cyberattacks and data breaches are on the rise, businesses cannot go without a comprehensive cyber liability insurance plan to protect their business and assets in the event of a cybersecurity threat that becomes a reality. Whether you own a small business, a large organization, or simply…
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A bank depository bond, also known as a depository bond, is a type of protection for people or organizations who deposit large amounts of money into a bank, which normally exceeds the traditional insurance coverage obtained by the bank. What exactly is a bank depository bond? How does it work…
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Special administrators are used in times of need when an estate needs to be preserved and protected before a personal representative can be found and appointed. If no personal representative has been appointed, it can take time to get the right individual into the position, including getting approval by the…
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No matter what state you live in, the Department of Veterans Affairs and the Social Security Administration require all Representative Payees—those appointed to receive benefits for someone who is unable to manage their money—to obtain a surety bond in order to fulfill their duties. Representative payee bonds generally need to…
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