Basic Will

This document specified property beneficiaries, guardians of minor children, estate managers and payment of debts at death. The basic will may be written to provide for gifts of property to individuals or organizations, and alternative receipents of gifts under the will may be specified in case a first-named beneficiary dies prior to the person making the will. In Minnesota, many types of property items may be given by use of a list referred to in the will. This list of property items and the beneficiaries of these gifts may be written on a document separate from the will and changes as often as desired. This eliminates the necessary of amending the will each time a change in the gift is desired. For those individuals with minor children, the will may be drafted to provide for a custodian to manage the minor's property received under the will until the age of 21.

Lange Law Firm, P.A.
Highland Bank Building, 5270 West 84th St, Suite 300, Bloomington, Minnesota 55437-1385
Phone: (952) 837-1900, Fax: (952) 835-2236, Email: info@willandtrust.com