One of the final steps in completing an estate plan is to review and revise beneficiary designation forms for retirement accounts and other assets. This article focuses on appropriately naming a beneficiary for a qualified retirement plan. Often times, the answer to the question: “who should be the beneficiary of my retirement account?” is not …
Tips and Updates Related to Construction Contracts
This summer promises to be a busy one for local construction projects. Commercial and residential projects are rapidly increasing in number. And, regardless of whether you are involved in a large commercial project, or looking to update or build a new home, the following practical tips and information will give you confidence when reviewing and …
New County Ordinance Affects Land Divisions
If you are considering buying or selling only a part of an existing tax parcel of land, a new amendment to the St. Louis County Subdivision Ordinance that took effect last summer may affect what you can do. Before subdivision ordinances became common, landowners could divide their property virtually any way they pleased. All that …
Legislative Changes Affecting Business
With the Eighty-eighth Minnesota State Legislature adjourned until February 25, 2014, now is a good time to look back at some of the legislative changes from 2013 affecting businesses in Minnesota. Recovery of Unpaid Wages The Minnesota Supreme Court ruled in September of 2012, in Caldas v. Affordable Granite Stone, that the laws that give …
Selling Your Home? New Radon Law Requires Disclosure
Minnesota law already requires home sellers to disclose all kinds of information about their home, such as the existence of wells, the existence of lead paint, the existence and design of septic systems, and any home defects or problems the seller is aware of. A new law in Minnesota, known as the Minnesota Radon Awareness …
Selling Your Home? New Radon Law Requires DisclosureRead More
Steps Employers Should Take to Minimize Liability for Employees’ Conduct
In Minnesota, employers are generally responsible for the actions of their employees taken within the scope of employment. Thus, employers have incentive to train employees on how to correctly perform their job duties, how to interact with customers and other employees, and other aspects of employment. This article discusses how employers may be held liable …
Steps Employers Should Take to Minimize Liability for Employees’ ConductRead More
Practical Ideas for a Successful Construction Project
Economic indicators show that the construction industry continues its recovery. Projects are increasing in number. And, regardless of whether you are a business owner working on a large commercial project, or a homeowner looking to update your home, keeping the following tips and information in mind will increase the likelihood that your project will be …
Practical Ideas for a Successful Construction ProjectRead More
Hey, he owes me money!
What to do when you get a bankruptcy notice from the court: Bankruptcy filings are expected to increase dramatically in 2013 as the eight year filing limit expires for 2005 bankruptcy filers. So what do you do if you get a notice from the court that someone who owes you money has filed bankruptcy? The …