Vanorden Dennis J

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(952) 544-9727Visit WebsiteMap & Directions600 Highway 169 SMinneapolis, MN 55426 Write a Review

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Neighborhood: Shelard Park
AKA: Dennis J Van Orden Ltd
Other Link: http://dvolaw.com
Categories: Wills, Trusts & Estate Planning Attorneys, Attorneys, Business Litigation Attorneys, Estate Planning, Probate, & Living Trusts, Family Law Attorneys

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Phone: (952) 544-9727

Address: 600 Highway 169 S, Minneapolis, MN 55426

Website: http://dvolaw.com

Vanorden Dennis J

Family Law

Guardianship
Without planning, parents are subject to guardianship court proceedings to resolve health care decision making questions and conservatorship court proceedings to resolve money decision making questions. (See my discussion of Probate.) There may be a great deal of resistance to this type of planning.

Business and Corporate Law

Business Disputes
Dennis is trained and experienced in many areas of family law, from elder law, estate planning, and medical assistance to wills, trusts, and probate. Additionally, Dennis is conversant in real estate and small business law, particularly as they relate to estate planning, so he can provide sound legal advice for your diverse needs.
Small Business Law

Trusts and Estates

Estate Planning
Wills
Must be submitted to a special court which has the duty of overseeing wills, trusts, matters of personal incapacity and certain other functions. This court is called the Probate Court and judicial proceedings are always involved. It determines which wills are to be admitted to probate and which will not, as well as the meaning of poorly drafted wills, such as those that individuals may attempt to write on their own. A person writing a will is called a Testator and upon death is called a Decedent. All wills are testamentary (they have no effect until death) in nature. Dispositions of assets are referred to as testamentary dispositions, which derive from, or into the traditional “Last Will and Testament” language we are all familiar with. An individual that passes away leaving a will is said to die Testate and one without a will dies Intestate. Wills are public in nature and anyone may go to the Probate Court to see the contents of your will and the assets you leave following submission to the Probate Court.
Trusts
When an individual wishes to set up a trust, a trust agreement is drafted which sets forth the terms and conditions under which the trustee accepts the assets from the grantor and sets out the rights of the beneficiary. A trust may be established by lifetime agreement “Living Trust” or in a will “Testamentary Trust.” Trusts may be revocable, allowing changes to easily be made, or irrevocable, which may not be changed. The trustee is given directions as to how to manage the assets for the beneficiary and when and on what terms to release part or all of the assets. These directions may be general, allowing the trustee to exercise its discretion or the directions may be very specific and detailed. Trustees must follow the Grantor’s directions. If the trustee takes money or assets intended for a beneficiary, the trustee is subject to civil and criminal penalties. Trustees (other than persons who turn money or assets over to trust) keep records and prepare annual accounts to detail their receipts and expenditures. When the purpose of the trust is finally accomplished, the trust assets are distributed and the trustee will terminate the trust.
Probate

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