Minnesota Estate Value Calculator

Minnesota's transfer on death deed does something Colorado's version can't — it can actually override an existing joint tenancy, but only if the deed says so in so many words. Check each asset below to see what actually counts toward the probate estate.

Minn. Stat. § 500.19, § 507.071 FigureMyTax Editorial Team Free · no sign-up

What's in this estate?

For each asset the person owned, enter its value and how it's titled. We'll sort each one into the Minnesota probate estate or outside it.

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Minnesota probate estate (what a court oversees)
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Joint tenancy needs express words, not the old unities

Under Minn. Stat. § 500.19, a grant or devise of land to two or more people is construed as a tenancy in common — no survivorship — unless it's expressly declared to be a joint tenancy. Minnesota also explicitly abolished the old common-law "four unities" requirement, a simpler standard than states like Colorado, which reinstated that stricter test in 2008. See our full breakdown of Minnesota joint tenancy rules.

A TODD that can actually override joint tenancy

Minnesota's transfer on death deed (TODD), enacted in 2008 under § 507.071, works differently from some other states' versions. By default, a TODD doesn't sever an existing joint tenancy — a surviving joint tenant's right of survivorship still wins over the named beneficiary. But unlike Colorado's version, Minnesota's statute lets the deed itself specifically state that it severs the joint tenancy, giving owners a way to override that default if they actually intend to. See our full guide to the Minnesota TODD.

Bank accounts default to survivorship

Under § 524.6-204, sums remaining on deposit in a joint account at a party's death belong to the surviving party or parties by default, unless there's clear and convincing evidence the account holders intended something different. Minnesota also offers specific statutory account-form language that makes survivorship intent conclusive. See our guide to Minnesota beneficiary and P.O.D. accounts.

Where this feeds into other Minnesota calculators

The probate-estate total from this tool is the starting point for Minnesota's probate cost and executor fee calculators, and for checking Minnesota's small estate affidavit. Minnesota does have a state estate tax on larger estates — see our Minnesota Estate Tax Calculator for that separate calculation.

Minnesota estate value — frequently asked questions

Does jointly owned real estate skip probate in Minnesota?

Only if the deed or will expressly declares the property to be held in joint tenancy. Under Minnesota Statute 500.19, a grant or devise to two or more people is construed as a tenancy in common, with no survivorship, unless it is expressly declared to be a joint tenancy.

Does Minnesota require the four unities to create a joint tenancy?

No. Minnesota Statute 500.19 explicitly abolishes the common-law requirement for unity of time, title, interest, and possession in creating a joint tenancy, a simpler standard than some other states use.

Does Minnesota have a transfer on death deed?

Yes. Under Minnesota Statute 507.071, enacted in 2008, an owner can record a deed that expressly states it takes effect only at death, transferring real estate to a named beneficiary outside probate.

Does a Minnesota transfer on death deed sever an existing joint tenancy?

Not automatically. A joint tenancy is not severed by the later execution of a transfer on death deed unless the deed specifically states that it severs the joint tenancy — without that language, a surviving joint tenant's right of survivorship prevails over the named beneficiary.

Does a joint bank account automatically pass to the survivor in Minnesota?

Generally yes. Under Minnesota Statute 524.6-204, sums remaining on deposit at a party's death belong to the surviving party or parties, unless there is clear and convincing evidence of a different intent.

This calculator provides an estimate for general guidance only and is not legal advice. Figures are based on Minnesota statute (Minn. Stat. § 500.19, § 507.071, § 524.6-204) verified per our methodology. How a specific asset is actually classified depends on its full paperwork, account agreement, or deed language. Confirm with the county Recorder or a licensed Minnesota attorney before acting.