⚖️
Trust Hub
by ByOwnerHub

Minnesota Trust & Estate Planning

State laws, costs, and planning strategies

$1,500–$3,000
Living trust cost
2–4% of estate
Probate cost
$3.0M
State estate tax
Required
Probate status

Overview

Minnesota's $3M estate tax threshold catches many homeowners and small business owners. Trust planning with exemption portability strategies is widely used.

Special Rules & Features in Minnesota

  • State estate tax starting at $3M (2024)
  • No step-up in basis for state estate tax purposes

Create a Minnesota Living Trust

Attorney-reviewed documents, state-specific provisions

Start with Trust & Will

⚠️ This is general educational information, not legal advice. Consult a Minnesota-licensed estate planning attorney for advice specific to your situation.