Minnesota has traditionally been an employee-friendly state on the issue of non-compete agreements. Past court rulings cited the restraint on trade imposed by non-compete contracts when the court decided in favor of employees on these matters. In light of this...
The time to develop an exit strategy is when you form your business partnership or corporation. The exit strategy is an agreement regarding business assets, debts and liability should a partner or another principal no longer be able to, or want to, engage in the...
It isn't just a house; it's a home. Filled with memories of first steps, birthday parties and holiday celebrations, having to sell your marital home can be one of the toughest aspects of a divorce. In addition to the emotional considerations, your home may also be...
The individual named as a personal representative plays a crucial role in successfully administering an estate. Often, however, the personal representative performs her or his important duties while grieving the loss of a loved one. In addition, the person named as...
Your divorce will have an effect on many aspects of your life, including your tax liability. Even your marital status may be a tricky question on your first tax return following your divorce. The IRS considers you married if you do not divorce by the last day of the...
Mechanic's liens provide contractors and subcontractors with a means of collecting payment for construction work and supplies. The lien allows you to eventually take possession of property upon which you completed work for which you were not paid. In order to use this...
The summer of 2013 was an exciting time for LGBT couples in Minnesota. Last June, the U.S. Supreme Court (SCOTUS) overturned the Defense of Marriage Act (DOMA), which forbade the federal government from recognizing a legal same-sex marriage. Two months later,...
Stanzer Knox refinanced his home in 2006 with a 30-year $185,000 mortgage - or so he thought. Mr. Knox soon discovered that he had agreed to pay the mortgage on his Minnesota home within the 30-year period, but he had 40 years' worth of payments to make. At the...
Determining fair parenting time is one of the most complicated and emotional tasks that arises during divorce or separation proceedings. Even parents who are on good terms may struggle to come up with a plan that works for both parties, the children, and remains...
The goal of Minnesota law is to simplify the probate process for the families of the deceased. However, the more property a person has at the time of his or her death, the more complex the probate process may become. Large estates may raise special tax issues that...
