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...
Firm News
Crafting Agreements Between Startup Co-founders
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...
Protect your legacy with a business succession plan
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...
How to Establish Paternity in Minnesota
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...
Breaking Down Employer/Employee Split-Dollar Arrangements
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...