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One of the major parts of a divorce is separating property. Minnesota uses the concept of equitable division, which is a subjective way to divide assets. If a couple cannot agree, the court will take on division and separate property in a fair manner. When doing so,...
Contracts play an important role in defining expectations and parameters of real estate transactions. A purchase contract governs any real estate property sale and helps both parties understand their roles, rights and responsibilities. Your real estate purchase...
Minnesotans who are lucky enough to own a cabin love to spend as much time there as they can. The fishing, boating, jet skiing and other fun that can be had at the lake create precious memories and are a good way to unwind after a long week at work or school. For many...
The time may be ripe for you to get a divorce. If so, it helps to realize that all marital property will be subject to division. This includes real estate, furniture, vehicles and stocks. Retirement accounts of all varieties are also marital property. Pensions, IRAs...
When you form your business, the legal structure you select impacts many aspects of your organization, from taxation to liability. As regulations can vary among different states, it is important for you to understand how business structures work in Minnesota. In...
When an older couple decides to divorce, it may come as a surprise to those around them. As an older person contemplating divorce, you may feel alone, frightened or even embarrassed. There are many misconceptions surrounding "gray divorce," the term often used to...
Establishing relationships with business partners is crucial to the growth of your company. A solid written contract can make a significant difference in these relationships and ensure that the partnership serves your best interests. When negotiating a business...
Even if divorcing your spouse is the correct course of action, the end of your marriage is likely to affect your life in ways you may not expect. If you are thinking about using your divorce as motivation to change careers, it may be tempting to sell your work tools...
Intellectual property refers to a product of the mind. You can create intellectual property as an individual or on behalf of your business. You can also hire someone else to create intellectual property for you with the agreement that you retain the rights. There are...
A business’s trade secrets could help keep its products and services competitive. Although trade secrets may not qualify for legal protection on their own, businesses may take steps to preserve them. As noted by the United States Patent and Trademark Office, unlike a...
