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Trusts. One of the most popular ways to avoid probate is by having a revocable living trust as part of your estate plan.
The timeframe for this process in Minnesota can vary widely, typically ranging from several months to over a year, depending on factors such as the size and complexity of the estate, the clarity of the will, and whether or not the probate process is contested.
If your personal property exceeds $75,000 or you own real estate in your name alone, your estate must be probated.
The person named in a Will as the one that should serve as the personal representative. The surviving spouse, if they are entitled to receive property ing to the Will. Other people who are entitled to receive property under the Will.
You may not need probate if there are no assets, or you are a joint owner of the assets. The non-probate assets that do not apply to the deceased person's debts are: Property with the right of survivorship. Insurance proceeds, such as life insurance.