Best Probate Lawyers in Saint Paul

Frequently Asked Questions

• What is the non-emergency contact number for the local police station in Saint Paul, Minnesota?

  The non-emergency number of the Saint Paul Police Department is 651-291-1111.

• Where can I get a copy of police reports for incidents related to my case in Saint Paul, Minnesota?

  You can acquire copies of Saint Paul police reports by delivering a request in person to 367 Grove Street, Saint Paul, MN 55101. You can also request a copy of Saint Paul police report online at https://www.stpaul.gov/datarequest.

• Does a will in Saint Paul have the authority to direct the distribution of all of your belongings after your passing?

  No, a Saint Paul will can only specify how to divide personal property such as a house, car, and checking account. Your will does not cover jointly owned property with a co-owner listed on the title. In addition, property with a specific beneficiary designation is exempt from the will because the beneficiary will receive the property.

• What happens to non-probate assets in Saint Paul if all named beneficiaries or joint owners pass away?

  If all designated beneficiaries of non-probate assets in Saint Paul died before the owner, the asset will become part of the owner's estate and be distributed to those eligible to receive it. If all joint owners die, the non-probate investment becomes a probate asset of the estate of the last to die and is distributed along with the other assets. Some financial institutions allow owners to designate backup beneficiaries in the event that the primary beneficiary dies before the asset owner.

• In Saint Paul, will your personal representative automatically be able to act on behalf of your estate upon your death?

  No, in Saint Paul, a personal representative can only act if first appointed by the court. However, unless the nominated person acted irresponsibly or against the interests of the estate, any actions taken by the designated personal representative before his or her appointment that are in the best interests of your estate will be automatically ratified upon appointment by the court.

• Which Saint Paul properties are subject to estate taxes?

  In Saint Paul, estate taxes are only applied to large estates valued at above $1 million. Whether or not the assets you own are subject to the will, the government will include them all in the estate tax calculation. IRAs, life insurance, and other assets not subject to the terms of the will and not subject to probate will be considered in the tax calculation.

• How significant is having a trust in Saint Paul?

  Depending on your preferences and financial situation, a trust in Saint Paul can provide significant benefits such as asset protection from creditors, individualized control over inheritance, the ability to keep some assets out of probate, and defense against excessive estate taxes. Because of tax advantages and other safeguards, the initial costs of establishing a trust may end up saving your family more money than you initially paid.