12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
Edit & Print a Free Minnesota Last Will & Testament
  • Written by expert Attorneys
  • Guaranteed for your State
  • Personalized for your situation
  • Finish and print in minutes!

What is a Last Will and Testament in Zip Code 55430

What is a Last Will and Testament in Zip Code 55430

A Last Will and Testament is the first building block of a good estate plan. Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death.

Option 1: Will-Based Estate Plan

All essential details of your Last Will and Testament will be outlined in the will-based estate plan. It will provide information including the person to be put in charge of settling your final affairs (the executor), the persons who will inherit your property (beneficiaries), and the provisions on how they will inherit it. Your last will and testament with a will-based estate plan will cover the following:

1. Who will serve as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will inherit your property

4. How and when your property will ultimately be transferred to your beneficiaries

5. Who will serve as guardian of your minor children until they become adults


Option 2: Trust-Based Estate Plan

In the trust-based estate plan a document called a revocable Living Trust will cover all the important points listed above in the will-based estate plan with one exception: the person in charge of settling your final affairs after you die is called an administrative or successor trustee instead of an executor. If you have a revocable living trust you will still need a Last Will and Testament so. Ideally, you will fund or move your assets into your trust before you die. If you fail to fund even one asset into your trust, then the last will and testament will be the necessary document that will "catch" the unfunded property and transfer it to your trust after you die. The last will and testament in this case will function as a pour over will that will cause the unfunded assets to "pour over" into your trust through a probate process.


A pour over will needs to cover:

1. Who will be in charge of your assets that were not funded into your trust as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will serve as guardian of your minor children until they become adults

4. What will happen in the absence of a Last Will and Testament?


In order for your property to go to the beneficiary of your choice after you are gone, a Last Will and Testament is recommended.


The absence of a will could result in the state providing a last will and testament on your behalf under the state's intestacy law. The laws of the state that your property is located in will prevail. This can get complicated if you own property in multiple states.

 
Download & Print a Free MN Last Will Personalize This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
  Answer Easy
Questions
answer simple questions online step by step
Easy Questions, Instant Documents
  • Finish in Minutes
  • Download Immediately
  • Written by Attorneys
  • 100% Guaranteed
  Get Instant Legal
    Documents

Print, save or email your finished legal document immediately!
Last Will & Testament
Related Legal Services near Zip Code 55430
Joel Heiligman Law (DUI/DWI)
6300 Shingle Creek Pkwy #165
Brooklyn Center, MN 55430
(763) 788-9231
Attorneys,  Accident & Property Damage Attorneys,  DUI & DWI Attorneys,  Personal Injury Law Attorne
Gurovitsch James D
6160 Summit Dr N # 425
Minneapolis, MN 55430
(763) 566-8800
General Practice Attorneys, Attorneys, Legal Service Plans
Kaminsky Joseph
6300 Shingle Creek Pkwy Suite 260
Minneapolis, MN 55430
(612) 332-8479
Sexual Harassment Attorneys, Attorneys, Criminal Law Attorneys, Accident & Property Damage Attorneys
Family Glen A. Norton
425 Brookdale Corp. Ctr 6160 Summit Dr. N.
Minneapolis, MN 55430
(763) 450-6600
Divorce Attorneys
Kieffer Law Firm
6160 Summit Dr N
Minneapolis, MN 55430
(651) 214-5180
Mediation Services,  Bankruptcy Law Attorneys,  Estate Planning Attorneys,  Family Law Attorneys,  I
Joel Heiligman Law
6300 Shingle Creek Pkwy #165
Minneapolis, MN 55430
(763) 280-5072
DUI & DWI Attorneys,  Attorneys,  Criminal Law Attorneys,  Juvenile Law Attorneys,  Accident & Prope
Carson Jeffrey A Attorney
6300 Shingle Creek Pkwy
Minneapolis, MN 55430
(763) 561-2800
General Practice Attorneys, Attorneys
Carson and Clelland & Schreder Attys
6300 Shingle Creek Pkwy Ste 305
Minneapolis, MN 55430
(763) 561-2800
Attorneys, General Practice Attorneys, Legal Service Plans
Swanson William G
6200 Shingle Creek Pkwy # 370
Minneapolis, MN 55430
(763) 566-2450
Attorneys, Legal Service Plans
Swaray Amadu E
5701 Shingle Creek Pkwy # 610
Minneapolis, MN 55430
(763) 549-0670
General Practice Attorneys, Attorneys, Legal Service Plans
Anderson Leslie A
11660 Theatre Dr N
Minneapolis, MN 55430
(763) 549-0516
Attorneys
Strootman Law Office
5238 Humboldt Ave N
Minneapolis, MN 55430
(612) 588-0488
Bankruptcy Law Attorneys,  Attorneys,  Criminal Law Attorneys,  General Practice Attorneys,  Legal S
Glen A. Norton
6160 Summit Dr N
Minneapolis, MN 55430
(763) 634-0222
Family Law Attorneys,  Attorneys,  Legal Service Plans,  Adoption Law Attorneys,  Litigation & Tort
Norton Glen A.
6160 Summit Dr N #425
Minneapolis, MN 55430
(763) 634-0222
Family Law Attorneys, Attorneys, Criminal Law Attorneys
Kaminsky Joseph
6300 Shingle Creek Pkwy # 260
Minneapolis, MN 55430
(612) 200-0131
Attorneys, Legal Service Plans, Domestic Violence Attorneys, Accident & Property Damage Attorneys, S
Malush Gregory S
1915 57th Ave N
Minneapolis, MN 55430
(763) 560-0002
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US