
MINNESOTA TRANSFER ON DEATH DEEDS
What is a Transfer on Death Deed?
Take an inventory of everything you own; life insurance, IRAs, 401ks, Stocks, Bonds, Mutual Funds, Real Estate, Business Interests, Bank Accounts (Checking, Savings, Money Market, CDs), Autos, Toys
In Minnesota, estates are taxable at the state level AND at the federal level. Presently, an individual who dies owning more than $1,000,000 (inclusive of life insurance, business interests,