A family business is a labor of love, but in order to survive, the business must also have love from (success in) the marketplace. This success can face challenges from co-owners, especially when those co-owners are family members or close friends. In order to...
Month: November 2017
Don’t make these seven estate planning mistakes
Many people overlook the importance of estate planning. According to a recent study from BMO Wealth management, 52 percent of American adults do not have a will, 40 percent have not discussed their estate with their family, and only 28 percent are aware of their...
What to Consider if you Lease Space in an Historic Building
There are all types of entrepreneurs starting businesses in Minnesota today. Regardless whether you started your business in a garage or behind a desk, you may eventually have to move into a larger space. Location may be your top priority once you decide to lease...
Mediation and Divorce in Minnesota: What Can I Expect?
Did you know that most people who are dealing with family legal issues like divorce resolve them outside of court? With some exceptions, all cases are required to try and mediate the dispute before being tried in court. Most cases settle completely, or at least...
How to Prepare your Kids to Receive a Large Inheritance
If you are fortunate enough to be able to save money for your children's futures, money that will allow them to accomplish their goals and lead comfortable lives after you're gone, be mindful of the challenges that go along with that good fortune. An inheritance can...