Probate Process In Minnesota

PROBATE PROCESS IN MINNESOTA

Inheriting property in Minnesota usually involves probate court, which ensures debts are paid and assets are distributed as intended. This process typically involves filing a petition with the court by a designated personal representative. The court validates the will (if one exists), identifies and values assets, settles debts, and oversees distribution to beneficiaries. It can take 12-18 months on average.

There are two types of probate – Formal and Informal.
Informal probate - An informal application can be filed to ask the court to appoint a personal representative without a hearing in front of a judge in situations that are less complicated.
Formal probate - A formal petition can be filed to ask the court to appoint a personal representative with a hearing in front of a judge in situations that may be more complicated.

However, you might be able to avoid probate if the total value of the deceased's estate is less than $75,000. In such cases, Minnesota law allows using an "Affidavit for Collection of Personal Property" to collect the assets without court involvement. This simplifies the process and reduces time and potential costs associated with probate.

Our services

We make selling inherited properties less stressful and more profitable. Our specific focus of the business to work with families going through Probate. Losing a loved one is a difficult time. Navigating through a real estate transaction can be tricky by itself yet alone going through probate at the same time. The challenges you are dealing with as the Personal Representative are not easy to get through. We can help your family through this process by coming alongside and making sure the family know the available options to them.
Our goal is to help you to reach yours!

Handle any personal property in need of removal

The family can remove whatever they wish to keep and our Estate Sale Partners and/or cleaning crews will handle everything else and the Estate receives the net proceeds

Make necessary repairs/improvements

Our Contractors do any type of work from minor repairs to full renovations. Often investing in the right repairs/improvements will allow you to sell for the highest possible price in the shortest amount of time.

We can also arrange for almost anything else that might be required. This might include specialized cleaning services, setting up an auction for the property or contents, pest control, plumbing, lawn care, property staging.

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NORTHSTAR REAL ESTATE GROUP: YOUR MINNESOTA PROBATE PARTNER - FAQ

General Questions:

• Can I handle probate myself (DIY)?

In some cases, simple estates might allow for DIY probate. However, the process can be complex and involve legal and financial matters. Mistakes can be costly. It's generally recommended to consult with an attorney to understand your specific situation and ensure a smooth probate process.

• Do I need an attorney for probate?

An attorney can provide invaluable guidance throughout probate. They can interpret legal documents, navigate court procedures, and ensure all steps are completed correctly and in a timely manner. For complex estates with significant assets or potential disputes, an attorney is essential.

• Do I have to wait until probate is over to sell the property?

Not necessarily! In many situations, it's possible to sell the property before probate is finalized. In Minnesota, court approval may not always be required for the sale of probate property. If the decedent’s will grants the personal representative the power to sell real estate, they can proceed without court intervention. However, if the will does not specifically grant this power, or if there’s no will, the personal representative may need to seek court approval.

• How can NorthStar help me with the probate process?

NorthStar Real Estate Group specializes in handling real estate aspects of probate in Minnesota.
We offer:

Free consultations: Discuss your situation and explore your options for selling the property. *

Market expertise: We understand the Twin Cities market and can help you achieve the best possible price for the property. *

Streamlined process: We handle everything from pre-listing prep (partnering with reliable cleaners and handymen) to marketing and negotiations, taking the stress off you. *

Flexibility: We work with executors, administrators, and trustees, tailoring our services to your specific needs and timeline.

We understand probate can be a difficult time. Let NorthStar Real Estate Group handle the real estate aspects with expertise and care, allowing you to focus on other important matters.

Still have questions?

Contact NorthStar Real Estate Group today! We're here to help you navigate the probate process in Minnesota.