Under Minnesota law, personal representatives are required to take an inventory of the assets in the decedent’s estate. However, before taking the inventory, the personal representative must request, and accept, appointment by the court. The personal representative cannot begin the inventory process without first being appointed by the court.
Getting your estate plan in place can feel like a major accomplishment (and it is!), but it is not the end of the story. Estate planning itself is the process of guiding the way in which assets pass to your loved ones after your death and ensuring your wishes are followed. Checking in and reviewing your estate planning documents regularly and when certain life events occur is part of this ongoing process.