Minnesota Statutes 524.1-404 – Notice to Charitable Beneficiaries
Current as of: 2023 | Check for updates
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If a will includes a gift, devise or bequest to a named charitable beneficiary, the initial written notice of the probate proceedings given to the beneficiary shall state that the beneficiary may request notice of the probate proceedings be given to the attorney general pursuant to section 501B.41, subdivision 5.
Terms Used In Minnesota Statutes 524.1-404
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Probate: Proving a will
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44