A new ordinance went into effect July 1 for the city of Minneapolis called the Sick and Safe Time Ordinance. This new local rule is designed to create time off for many employees in the area including...
Details of Minnesota’s Medical Assistance Program for People over 65
If you’re approaching you 65th birthday, you’re probably very interested in how your healthcare costs and plan are going to change and how Minnesota’s Medical Assistance (MA) program factors int...
What is a Limitation of Remedy Clause?
In many agreements, you may find a clause labeled “limitation of remedy.” This clause is largely similar to a limitation of liability clause in that it controls how much responsibility a company h...
Life Insurance as a Tax Favored Investment Tool
Planning for retirement and maximizing their estate is a big financial priority for many clients. Whether it’s maximizing social security income or planning to retire completely from their own savin...
Are Clickwrap Agreements for Software Enforceable?
You’ve agreed to clickwrap agreements in the past, though you may barely recall doing so. It happens when you install new software on your computer or purchase an online software solution. During th...
Details of the Minnesota Revised Limited Liability Act
On April 8th, 2014, the Minnesota Revised Uniform Limited Liability Company Act was signed into law, impacting all LLCs formed in the state of Minnesota. Owners of LLCs created before August 1, 2015 h...
What is a Gun Trust?
When you visit an attorney to make an estate plan, the first thing you’ll do is discuss your assets and how you would like those passed to loved ones. A common asset many people in Minnesota have is...
What is a Foreign Asset Protection Trust
A trust is an estate planning tool where you create a legal entity that holds your assets. In a lot of ways, it’s like a business, except instead of managers it has fiduciaries and beneficiaries. Wh...
How to Add Performance Standards to Contracts
You may have seen a clause in a contract you’ve signed similar to the one below. While the exact language and standards will vary based on the industry, the goal is to ensure one or both parties are...
The Problems with Prince’s Estate
Prince, iconic singer and performing artist, left behind an estate valued at $200 million (although approximately ½ of this will go to taxes). After his death last year without a will, the battle ove...