In Minnesota, if you die without a will, the state's intestacy laws determine who receives your assets, which may not align with your wishes; therefore, combining a trust and a will is recommended for effective estate planning, as trusts help manage assets efficiently and can avoid probate.
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In Minnesota Without a Will? The State Decides For You! #estateplanning #probateattorneyAdded:
Without a will, Minnesota's intestacy laws decide who receives your assets.
And that may not match what you would have wanted.
So, do you need both?
In many cases, yes.
A trust and a will work best together.
The trust helps manage assets efficiently and can help avoid probate.
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