A tough job at a difficult time.
My office can speak from experience about losing loved ones and handling their financial affairs. The grieving process is not very compatible with conducting business. Additionally, this is probably your first, and maybe your only time, to handle the business affairs of the loved one that left you in charge. A high degree of trust and comfort with the attorney assisting you in handling the estate of your loved one can allow you to process your loss without the burdens of property transactions or disputes.
Moving you through the Estate Administration process.
We guide clients with checklists and regular follow-up to lighten the burden of losing a loved one. Our office will represent the personal representative and trustee in all steps of estate administration from start to finish, the major pieces being:
- Notifying all heirs and beneficiaries of the estate.
- Inventory of assets and debts.
- Valuation of assets, including coordination of appraisals.
- Management of assets, including hiring of business managers, investors, or property managers.
- Advising on business succession.
- Assisting with transfer and distribution of real and personal property.
- Provide guidance to trustees.
- Coordinating on handling of ancillary probate for out-of-state assets (we are licensed in Minnesota, Iowa, and Missouri, and can obtain admission in most other jurisdictions)
- Settling claims of creditors.
- Negotiating or litigating disputes.
- Preparing for Federal and State estate tax returns.