My attempt at a little humor on a less than humorous topic. I think when most people hear about a health care directive they are thinking about forms that direct the doctors or emergency medical responders on whether or not they want to be resuscitated or intubated. Those instructions however... continue reading »
Be Wary of the ‘Official Documents’ Letter
We regularly set up new limited liability companies and corporations for our clients. To do so, we file the Articles of Organization or Articles of Incorporation with the Minnesota Secretary of State. This filing is the official registration of the new business entity, and it creates a public rec... continue reading »
The Stretch Rules for Inherited IRAs – Changes on the Horizon
There’s new legislation working its way through Congress right now concerning retirement savings. The SECURE Act, passed by the House in May of this year and now under consideration by the Senate, will make mostly positive changes but also a significant negative change to the laws governing our... continue reading »
Landlord-Tenant: Abandoned Property
I handle a lot of landlord-tenant issues, predominantly from the perspective of the landlord. What’s becoming more of an issue I am encountering is questions regarding what to do with abandoned personal property that remains on the premises following the tenant vacating, either voluntarily or t... continue reading »
Title Insurance
Misconceptions about title insurance keep popping up so I thought it would be a good time to clarify a few things. First of all, if you do not purchase an owner’s policy, you have no protection even though you paid the premium for a lender’s policy. Secondly, insurance will not cover ever... continue reading »
Understanding How Adjusters Value Personal Injury Cases
The most loaded question personal injury attorneys commonly get from their clients is this: How much do you think my case is worth? There is so much that goes into answering this question that it’s almost impossible to answer. With that said, I can tell you several factors that are essential in... continue reading »
Tax Planning with Land Sales
Most people are aware of the basic rules regarding capital gains tax – in short, the gain is the difference between your acquisition cost and the sales price. Like with most rules, there are several exceptions and that allows for some planning opportunities.
The homestead exemption is ... continue reading »
Uniquely Yours: Defending Original Work via Copyright
Artistic expression manifests in our personal and professional lives more than we may realize. When an artist finishes a painting, a fishing guide writes a description of her services for a brochure, or a beekeeper posts information about types of local honey on his blog, they all create original... continue reading »
Contracts for Deed
We get many questions about contracts for deed and some people assume they are not as “good” as a traditional bank loan and mortgage. As with most legal issues, there are several issues or factors if comparing contract for deeds and mortgages.
For sellers, many clients love earning a g... continue reading »
Estate Plan for College Age Children
Often times we think of estate planning when we are older or after we have children. However, it can be a very important step for children that are soon to reach the age of majority. Parents and families are often so busy planning for the transition of their children from high school to the n... continue reading »