– Legal Insights –
This article is the second in a series about changes in the MCIOA. In this series of articles, we are analyzing the different provisions of SF 1750, which made numerous changes to the Minnesota Common Interest Ownership Act (“MCIOA”). With the exception of a few changes in definitions, which were...
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It is better to give than to receive. But if you give a gift above a certain amount in a calendar year (for 2024 that amount is $18,000), you might end up owing money to the Internal Revenue Service (IRS). The federal tax code has very specific rules about how...
The Hellmuth & Johnson HOA practice group will present their annual spring seminar on April 13th at 9:00 am. CLICK HERE TO REGISTER Topics for this seminar include information about: The Corporate Transparency Act and HOAs How to Handle Service and Support Animals in Your Community HOA Legal...
In what area of law do you practice? Estate Planning What did you want to be when you grew up? A ballet dancer What would you be doing if you weren’t a lawyer? I would probably be a therapist. What is the strangest legal question you have ever been asked?...
Although cryptocurrency may be one of the latest investment strategies with great potential, for some individuals and their loved ones, investing in cryptocurrency has not gone as planned. The following stories are each a little different, but they all underline one simple warning: if you own cryptocurrency, you need a...
In what area of law do you practice and why did you choose this? My primary practice area is litigation. Litigation is enjoyable to me because of its competitive nature and because every case is unique. What did you want to be when you grew up? A scientist. When did...
When people create estate plans, they typically focus on handing down their money and property to their children, grandchildren, and other living heirs. But some people want to leave behind a more enduring legacy. For those interested in multigenerational wealth transfer, a dynasty trust could be the answer. A dynasty...
In a significant legal development, the U.S. District Court for the Northern District of Alabama has ruled the Corporate Transparency Act (CTA) unconstitutional. In doing so, the Court asserted that Congress had acted outside its authority in mandating disclosure requirements for new and existing corporate entities. This decision comes from...
Hellmuth & Johnson is hosting a free cybersecurity webinar, featuring insights from CyberFin. This session will focus on cybersecurity challenges and present effective solutions to safeguard your company or family office. CyberFin is pleased to offer all online participants a complimentary cybersecurity assessment. March 4, 9:00-10:00 a.m. Presenters: Cy Parker,...
Life is full of contingencies. While some outcomes are relatively certain, other events are more difficult to predict. This uncertainty can create estate planning challenges. Because life changes quickly and sometimes unexpectedly, your estate plan needs to be flexible. You can make changes to your estate plan when you are...
Stepping into the entrepreneurial world is exhilarating, but amidst the buzz of launching a new venture, legal considerations can often take a backseat. However, disregarding legal considerations is akin to chasing tornadoes without any protective gear – an extremely risky and unpredictable pursuit. So, let’s dive into the legal tidbits...