In an opinion released last week, the Minnesota Court of Appeals rejected a petition to modify the terms of a trust to allow for the early distribution of trust assets to the beneficiaries. The court also denied the...more
1/6/2022
/ Appeals ,
Attorney's Fees ,
Beneficiaries ,
Business Assets ,
Estate Planning ,
Fiduciary Duty ,
Modification ,
Revocable Trusts ,
Settlors ,
Transfer of Assets ,
Trustees ,
Trusts
On April 15, 2020, Minnesota became the latest state to enact the “Harmless Error” rule into law. The new law relaxes traditional formalities that govern the execution of wills and other will modifications created between...more