After separating from your child’s other parent, seeking appropriate financial support was likely one of the next steps you took. Family courts in Minnesota take into account numerous factors before arriving at a monthly amount to help you cover expenses for your...
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What happens to my retirement funds in a Minnesota divorce?
At some point in a marriage, ideally as early as possible, a couple will take steps to prepare for the future. Specifically, they will begin to save for their retirement using one or more of the tools available, such as a 401(k) or an IRA. If you and your spouse have...
Evaluating your estate planning goals after becoming a parent
Welcoming a child into your family can be an exceedingly exciting and rewarding experience, but being a parent is a role that may also carry a great deal of responsibility. As your child grows, you might wish to take every possible measure to provide him or her with...
Knowing some vital topics to cover in construction contracts
Construction companies in Minnesota may operate on numerous projects and work with a variety of parties every year. Each new project may come with its own set of responsibilities and potential risks. Finding ways to safeguard your company’s interests in all projects...
What to consider when seeking to purchase an existing business
While some business owners may relish the idea of starting a company from scratch, this might not always be the preferred path for everyone. You might feel more inclined to start with the foundation of an existing company and bring your own ideas for growth and the...
How is real estate divided in a Minnesota divorce?
According to data from the U.S. Census Bureau, 71.9 percent of Minnesotans owned their own home during the period of 2016-20. That means that when a Twin Cities couple gets divorced, they will probably have to figure out what to do with the house. This is an integral...
Eviction places burden on landlords
If you are a property owner who has struggled in recent months with tenants who would not or could not pay their rent, you may be relieved to know that most temporary restrictions on the eviction process in Minnesota have been lifted. By summer, landlords will reclaim...
The trials of debt could take a toll on your health
Financial challenges can arise under a multitude of circumstances, and similar hardships could place a significant strain on various aspects of your life. Regardless of whether your debts build up over time or appear overnight, the idea of finding a way to protect...
What are an estate administrator’s duties in Minnesota?
The administration of a deceased person's estate can be a complicated matter. In many cases, this is due to the size and complexity of the estate itself, and in other cases, the party who is tasked with administering the estate is not qualified to do so. That is why...
Possible reasons to consider selling business assets
While turning your company from a concept into a successful enterprise, there is a chance you might acquire various types of business assets over time. Managing these assets can be a complex endeavor, and the decisions you make in this regard could have a significant...