Information accurate at the time first published. Laws subject to change.
One significant advantage of organizing your business as a limited liability company (LLC) is the flexibility it affords. The Internal Revenue Service (IRS) allows LLC owners to choose how their business will be taxed. As an LLC owner, you can be taxed as a sole...
You might be the person you trust the most when it comes to your property and assets. However, if you plan to create a living trust for estate planning purposes, you will need to appoint another person as administrator of the assets and property you put in the trust....
If you have a will, you have taken an essential step in preserving your legacy and wishes. However, having a will may not be enough. Depending on your planning goals, you may well need more than a will to ensure you protect yourself, your family, and your estate...
The war for talent is heating up. A record number of workers have quit their jobs this year, creating a massive problem for employers. While higher pay can help get new workers in the door of your business, wages alone may not be enough to keep them there. Employers...
Every year, obligor-parents fail to pay millions of dollars in child support, causing obligees across Minnesota to struggle financially. In fact, statistics from the Minnesota Department of Human Services show that about 77 percent of child support cases have some...