 |
| |
| 
If
the Loved One is dying from a disease or injury
that takes time, he or she may worry about whether
their Estate has been put in proper order.
If
a Will, Trust, Power of Attorney or Health Care
Directive have not yet been made, they can still
be done as long as the person
is mentally competent to do
so and as long as there is not any undue influence
by a family member or friend.
|
|
Some
families have developed (usually over generations) the
practice of talking to the dying person about what he
or she wants done about funeral and burial arrangements
and about his or her property. On the other hand, in
some families, such discussions are taboo.
Whatever
your family tradition, a family spokesperson should
be designated by the Loved One or by the family to attend
to the final affairs of the dying person. Here are Ten
Things every such "personal representative"
should know about the Loved One.:
- The date and place of his or her birth.
- His or her social security number.
- The children of the dying person from all marriages
and other relationships.
- Location of the Will or Trust documents.
- Location of the safe deposit box.
- Location and account numbers of all bank accounts,
certificates of deposit and the like.
- Location of all insurance policies and policy numbers
(including fraternal and paid-up policies).
- Location of stocks, bonds and other securities and
account numbers.
- Location of all real estate and Property Identification
(PID) Numbers.
- Veteran's identification numbers (if any).
Armed
with this information, the personal representative can
get Estate matters concluded with the greatest efficiency
and with the least family disruption.
|
|
| |
 |
At
The Time of Death
If the
Loved One is dying from a disease or injury that
takes time, he or she may worry about whether their
Estate has been put in proper order. If
a Will, Trust, Power of or ...
[Read More] |
 |
 |
The Will and
Probate Court
Probate
Court provides a cost-effective and efficient process
to transfer ownership of assets from one generation
to the next. The Minnesota Legislature has ...
[Read More] |
 |
 |
If There is
no Will
It is
a common misconception that if a person dies without
a Will, the government gets his property. However,
the Legislature has decided how the decedent's assets
...
[Read More] |
|
|
| |
|
|
|
"Despite the pain of the impending
or recent death, the steps the family
takes can significantly reduce the
later anguish and cost to the family."
Contact our office to request free
information or to obtain a free, no
obligation consultation by clicking
on the image above and we'll be
pleased to help you.
Or click here
for the contact form. |