Do wills need to be filed with a government entity in Minnesota?
Discover whether wills must be filed with a government entity in Minnesota. Learn about the legal requirements and procedures for managing testamentary documents.
Understanding Wills in Minnesota
In Minnesota, a will is a legal document that outlines how a person's assets and properties should be distributed after their death. It allows individuals to specify their wishes regarding their estate and appoint an executor to carry out these instructions.
Legal Requirements for Wills
Under Minnesota law, for a will to be valid, the individual creating the will (testator) must be at least 18 years old and of sound mind. The will must be in writing, signed by the testator, and witnessed by at least two competent individuals who are not beneficiaries named in the will.
Probate Process in Minnesota
Probate is the legal process of administering a deceased person's estate. In Minnesota, if the total value of the probate assets is $75,000 or less, a simplified probate process known as "small estate administration" may be available. For estates exceeding $75,000, a formal probate process is typically required.
Do Wills Need to Be Filed with a Government Entity?
Unlike some states, Minnesota does not require wills to be filed with a government entity during the testator's lifetime. However, after the testator passes away, the will must be filed with the probate court in the county where the deceased resided. This filing initiates the probate process.
Managing Testamentary Documents
It is essential to keep the original copy of your will in a safe and secure location, such as a fireproof safe or a safe deposit box. Inform your executor of the will's location and ensure that they have access to it when needed. Additionally, consider providing a copy of the will to a trusted individual for safekeeping.
Conclusion: Ensuring Your Wishes Are Honored
While wills in Minnesota do not need to be filed with a government entity during your lifetime, it is crucial to follow the legal requirements for creating a valid will and properly managing your testamentary documents. By understanding the laws and procedures surrounding wills, you can ensure that your final wishes are honored and your estate is distributed according to your instructions.
Buried in Work's Additional Resources
Buried in Work provides Minnesota state-specific service provider directories and information related to estate preparation, end-of-life tasks, and estate transition information. Click here to learn more.