It appears the economic soft landing the Federal Reserve Bank and just about everyone else had hoped for is on, but some headline-grabbing negativity of layoffs at a number of major companies has occurred. A reduction-in-force (RIF) is a common occurrence in eras of economic flattening and downtrends. At times a RIF can be necessary …
Attorney James Aird Joins Fryberger Law Firm
DULUTH, MN—Duluth-based law firm Fryberger, Buchanan, Smith & Frederick, P.A. recently announced the addition of attorney James Aird to their Duluth office. Aird grew up in Proctor, Minnesota. He attended The College of Saint Scholastica where he majored in history with a pre-law focus. After graduating in 2012, he worked in different industries before deciding …
Getting Into the Weed(s) on Cannabis
Many Minnesotans rolled a legal joint on August 1, 2023. The new law was a long-time in the making and provides over 200 pages of regulatory framework for all things cannabis. This article aims to provides a 10,000-foot view of the new cannabis law and educate on how this law may affect you and your …
Limiting Minnesota Estate Tax Liability for Married Couples
With the federal estate tax exemption at an all-time high, residents of most U.S. states do not have to worry about an estate tax. Unfortunately, some Minnesota residents do not have that luxury. Minnesota is one of twelve states with a state estate tax and out of those states, Minnesota has the fifth lowest estate …
Limiting Minnesota Estate Tax Liability for Married CouplesRead More
Attorneys at Fryberger Law Firm Named Best Lawyers in America
Stephanie Ball, Paul Kilgore and David Oberstar of Fryberger, Buchanan, Smith and Frederick, P.A. were recently selected by their peers for inclusion in The Best Lawyers in America© 2024 (Copyright 2023 by BL Rankings, LLC., of Aiken, SC). www.bestlawyers.com Since it was first published in 1983, Best Lawyers has become universally regarded as the definitive …
Attorneys at Fryberger Law Firm Named Best Lawyers in AmericaRead More
2023 Legislative Session Recap
The 2023 legislative session will likely go down as one of the most consequential in modern history. In addition to retaining the Governor’s office and the House of Representatives, the Democrat Farm Labor (“DFL”) party was able to flip control of the state Senate by the narrowest of margins in November, taking a 34-33 seat …
The Times They Are A – Changin’: Employers Take Note
At a time of labor shortages that are predicted to persist for years, continued battles with inflation, a potential recession, and a projected three percent decline in the number of working age individuals over the next decade, the Minnesota Legislature passed multiple bills that employers are going to have to address during an already challenging …
The Times They Are A – Changin’: Employers Take NoteRead More
A Guide to 1031 Exchanges
If you are thinking of selling property that could result in a large tax bill, consider a 1031 exchange. A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is not a “tax free” exchange as it is sometimes referred to, but rather a way to defer capital gains tax on the …
