Many business owners are surprised to learn that their business interests can force their estate into probate. In this episode, we explain when probate is required in Minnesota and why it’s often something families try to avoid due to cost, delays, and public court filings.

We walk through the most common ways businesses trigger probate, including sole owner businesses, single member LLCs, and improperly titled business assets. You’ll learn how missing instructions, outdated operating agreements, or assets held in an individual name instead of a business entity can cause business interests to fall into an estate and require court involvement.

Finally, we discuss why reviewing operating agreements, ownership structure, and beneficiary planning is critical for business owners. With proper planning, business assets can pass smoothly to a spouse, trust, or surviving owners without unnecessary probate. Follow the show for more estate and business planning insights and take steps now to protect your business and your family from avoidable complications.