Probate is the legal process by which a personal representative distributes a deceased person’s probate assets. Probate assets are those assets titled in a person’s name alone. Non-probate assets include jointly owned property, retirement and life insurance plans, and various other assets. A Will directs the transfer of probate assets while non-probate assets are transferred outside of the probate process.
The probate process in Minnesota is relatively straightforward but by creating an estate plan, you can make the process simpler for your loved ones or you can choose to avoid probate altogether.
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