When a company goes through a merger, it sometimes creates redundancies among the staff. There are often overlapping roles. For instance, two businesses may both have needed a front office staff or an HR manager when they were operating independently. But if one...
One of your duties as an appointed personal representative of an estate is communicating with beneficiaries. You need to keep beneficiaries adequately informed about the estate and the probate process. Poor communication can lead to your removal, as it can be viewed...
You can make an estate plan as young as 18 and never touch it again in your life, should you choose. Yet while estate plans aren’t subject to any official expiration date, their usefulness certainly can go out of date. Regularly reviewing your estate plan and updating...
Serving as a trustee in Minnesota is both an honor and a serious legal duty. You must manage property and funds, follow the trust’s terms and act in the best interests of the beneficiaries. Mistakes can expose you to personal liability. Still, most issues are...
Mergers are complex business transactions wherein two companies combine their operations. The process can be beneficial when it is successful, but mergers can easily fail without adequate preparation. Countless possible hurdles exist for business leaders attempting to...
A trustee accepts a position that may inspire years of complex obligations. They have a responsibility to manage trust resources and distribute them as outlined in the trust documents. They receive compensation from the trust itself, but they may face regular demands...
People drafting estate plans often want to provide support and meaningful inheritances for their close loved ones. Charitable giving can also sometimes be a priority. People may want to provide resources for causes that are dear to them. They may even want to...
When you are making an estate plan, you can include advance directives. These are often used to address potential choices you may need to make in the future. For example, you may be considering medical care you would need after an emergency, such as a heart attack or...
Beneficiaries inherit from an estate with a will or trust in place. Heirs have a right of inheritance when there is no estate plan on record. Typically, spouses, children and other immediate family members become heirs when a person dies without a will. When an adult...
When a person dies, the individuals who have the closest relationships to them may assume they have a right of inheritance. Minnesota state law identifies specific people as heirs in cases where a person dies without an estate plan. However, the situation changes...
We are pleased to announce that on August 1, 2026, the attorneys and staff of the law firm of Courey, Kosanda & Zimmer, P.A (CKZ), will be joining the law firm of Barna Guzy & Steffen, Ltd. (BGS), located in Coon Rapids, Minnesota.
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