It is a good idea to prepare yourself for the day when you will no longer be able to or want to run your business. It is never too early to do this. You can make a business exit strategy when you are first opening the business. Having a business exit strategy lets you...
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serving St. Cloud, Albany and surrounding area
Year: 2021
Trademark infringement claims may need to prove confusion
A registered trademark owner may allege infringement. The court may then review a mark's likelihood of confusion with customers. As noted by the United States Patent and Trademark Office, businesses could defend against infringement claims by showing the...
Is your spouse hiding sources of income?
When you go through a divorce, it is likely that you and your spouse will harbor some resentment or anger toward one another. In many cases, these negative emotions can lead to other problems, such as one spouse trying to hide sources of income specifically to spite...
Deciding when to sell the home in a divorce
Unless one of you refinances the mortgage or buys out the other party, you may plan to sell your Minnesota home when you divorce. You may, too have questions about whether it makes more sense to sell your house while your divorce is ongoing or after it becomes...
Dividing cryptocurrency in your divorce
When it comes to dividing property in a Minnesota divorce, you may find that some assets are easier to split and transfer than others. Cryptocurrency, or digital currency, has surged in popularity in recent years. Many former couples are finding it to be a point of...
3 methods of resolving business disputes
When you own your own Minnesota business, the chances of you finding it embroiled in some type of dispute over its lifetime are high. Business disputes arise for many reasons, and they often involve intellectual property rights issues, allegations of copyright...
Will your divorce necessitate a QDRO?
As half of a high asset couple, the pension or retirement plans you and your spouse have may well form a large portion of your overall assets. If you divorce, you and he or she must divide your marital assets, including these accounts, in a fair and equitable manner....
Commercial real estate trends in Minnesota
High demand for online purchases and fast deliveries has created opportunities for industrial property owners. As reported by the Star Tribune, a surge in warehouse space buyers across Minnesota broke sales records during the second quarter of 2021. Industrial...
How to divide a business during a divorce
Deciding how to divide assets and debts during a divorce is challenging. However, things are even more difficult if the couple owns a business together. The couple needs to decide how to divide the business, and there are generally three options. How to conduct a...
When can a spouse sell a business before divorce?
As a business owner ending a marriage, you have a lot of questions about how your legal situation affects your company. For instance, does your current spouse have the right to sell your enterprise before you finish divorcing? Chron breaks down rights and rules...