A grandparent often has a special place in a child's life. They might be the one who gives the child advice, takes care of them when their parents are away, or spoils them just a little bit. However, sometimes a parent's death or the parents' divorce can make it hard for grandparents to secure the valuable time they want with their grandchildren.
Grandparents in Minnesota can petition for visitation in certain situations, including:
The biggest mistake someone can make relating to their estate is failing to create a plan for distributing their assets. In close second is forgetting to review and revise their estate plan following a major life change.
Below are four situations that should prompt an estate-plan review:
The problem: Our client was severely injured in a rear end car crash, which resulted in significant medical procedures and a costly recovery. He approached our Personal Injury attorneys to aid in his case to recoup the financial cost of the damages he incurred.
Our solution: Showing the details of a complicated soft tissue injury was challenging. Our team went the extra mile to deeply detail all of the various medical procedures and work with the medical providers to dig into our client's medical bills. Our dedication to gathering this extensive information made a significant impact on the end result of the case.
When a great idea takes off, the true colors of the people involved often reveal themselves. Without an agreement in place detailing ownership of the business, dispute resolution, and other issues, an entrepreneur risks being left out in the cold. Ambiguity in the infancy of a startup company can cause significant issues later, just ask Mark Zuckerberg.
Therefore, startup co-founders should keep the following in mind:
When someone spends many years building a successful business, the last thing they want is to see it fall apart. However, many business owners do not realize the importance of having a business succession plan.
A business succession plan is a documented strategy for the transition of leadership in business. Whether a founder departs due to retirement, disability, or death, having a plan in place provides stability for the company and its remaining stakeholders.
When a child is born to a married couple, the law assumes the husband is the child's father. However, parentage is not always so cut and dried. This is why establishing paternity is one of the most active areas in family law.
Often times it is the mother pursuing a paternity action to ensure her child's father contributes to the child's needs. Alternatively, a father might seek confirmation of paternity to protect his right to spend time with his child.
You're starting a new job. Amongst all the on-boarding paperwork, health insurance plans, and payment packages, there's an unfamiliar document: a split-dollar life insurance agreement. Most people know that life insurance is an important estate-planning tool, but they may not know the ins and outs of a split-dollar insurance plan.
Today, we break down the different types of split-dollar agreements and what they do.
Companies of all sizes have crucial decisions to make, including but not limited to raising funds, creating brand awareness, and marketing the product or service. As a result, sometimes legal issues are put off, or even totally lost in the shuffle, making the company's long-term performance less than rosy.
However, there are three legal issues that founders should make a priority:
When someone finds themselves facing a family dispute, the idea of airing out their problems in a courtroom is often an uncomfortable prospect. But these days, more and more people don't have to.
Minnesota began utilizing Early Neutral Evaluation programs in 2004. Since then, numerous families have been able to resolve disputes while retaining control of their own narrative.
No business owner wants to hire a new employee, provide them with training, and nurture their growth only to have them leave for a job with a competitor. To combat this fiasco, many employers ask their employees to sign a non-compete agreement - a contract that prevents a former employee from performing certain work for a competitor for a period of time in a specific geographic range.
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