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Through the years, you have transformed your company from a startup to a solid success. You know the time to retire will soon arrive, so it is time to review your business succession plan. What? You don't have one? There is still time. Not only does a succession plan...
While ending a marriage is certainly an emotional process, it is important to remember that it is also a legal process. This means that, as a business owner, you have more than just your feelings on the line. The integrity and survival of your business could be on the...
When an unmarried couple breaks up but owns a home together, dividing the value of the real estate can become an issue. These matters are more clear-cut when a couple is married, but unmarried couples do have options for dividing property that they own together....
Minnesota residents are not immune to the possibility of getting a divorce. However, the complexity of a divorce case depends significantly on the details involved. For instance, if you have a considerable amount of wealth or valuable or unusual assets, your case...
Minnesota real estate investors often make strategic moves in order to keep their investments generating lucrative income. However, they may not always take the steps necessary to ensure the protection of those investments from certain life events. In particular, if...
You know it is time for you and your spouse to go separate ways. But before you tell your spouse, you need to put together a plan. So where do you start? Gathering documents on any relevant matters related to your marriage, your children and your spouse represents a...
It is not uncommon for close family members of a recently deceased individual to assume that they will receive something from the estate. Even if the bequest or inheritance is not a specific item or even something particularly valuable, they may have anticipated...
You know that you are having serious trouble with debt, but is it time to file for personal bankruptcy? It's a big decision, and you don't want to go through bankruptcy unless it is the best choice for getting yourself and your family out of debt. If you are looking...
Having investments can go a long way in supporting financial wealth. You may have started investing early on in your career in hopes of seeing significant payoff, and fortunately, your efforts have been successful. After your marriage, you and your spouse may have...
This past July, approximately 36 million families began receiving enhanced child tax credit advance payments. It was welcome financial relief for many as a pandemic drags on, fueled by the COVID-19 delta variant. How the child tax credit (CTC) could affect custody and...
