Minnesota requires home sellers to provide buyers with a written disclosure before signing a purchase agreement. This disclosure must include all known material facts that could negatively affect the buyer’s use or enjoyment of the property. The disclosure must be...
Elk River Minnesota Legal Blog
Will I lose my 401(k) in a Minnesota divorce?
Retirement benefits have become more important as inflation and economic problems make saving harder than ever. If you’re facing divorce, it’s normal to worry about losing or greatly reducing your 401(k) and other retirement accounts. The good news is that you won't...
Do heirs have to accept a timeshare when the owner dies?
Going on vacation is the highlight of the year for many people. Some people take it a step beyond normal vacation planning and opt to purchase a timeshare. These are legally binding transactions in which the purchaser buys a share of a vacation property. The...
How long is the Minnesota probate process?
The inheritance that family members, friends and other loved ones receive from an estate can provide comfort while they grieve. The inherited property can also serve as a way to remember the person who passed. After someone dies, their loved ones may inherit most of...
What if your spouse transfers marital assets during divorce?
If you’re going through a divorce and notice your spouse suddenly transferring money, selling off property or draining accounts, don’t ignore it. Such actions may be aimed at reducing what you get when it comes to dividing everything up. Under Minnesota law, both...
Irrevocable trusts can facilitate asset transfer after your death
Getting your estate plan in order as early as possible in your adulthood is an important task, but it’s one that can be daunting. Taking the time to carefully consider how you want each component in the plan set can help you to ensure that it accurately reflects your...
How do inspection contingencies protect home buyers?
Purchasing a home is a major investment, so you should know exactly what you’re getting into when you buy the property. In most real estate deals, there are contingency clauses that set a way for the buyer to back out if the home inspection shows problems. ...
3 reasons to challenge a will’s validity
The probate process gives families and beneficiaries a chance to carry out a loved one’s final wishes. However, there are times when the contents of a will raise serious concerns. While most wills move through probate without issue, courts recognize that errors or...
How to modify a child custody order in Minnesota
If you are thinking of modifying a child custody order, Minnesota law allows you to request a change under specific circumstances. Minor disagreements with your co-parent or schedule conflicts usually aren’t enough to warrant a modification. You must demonstrate a...
Who should serve as trustee of a special needs trust?
Establishing a special needs trust for a child or other loved one with a debilitating medical condition is a clever estate planning move. When properly structured, special needs trusts can provide years of financial augmentation for those incapable of independently...

