– 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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If you are reading this, you are probably a Supplemental Nutrition Assistance Program (SNAP) retailer who has recently received a Charge Letter from the United States Department of Agriculture (USDA). In Part 1 of this series, I briefly talked about what a Charge Letter is. I address what to do...
Many farm families choose to use business entities for their farmland and farm operations. They may do this for liability protection and succession planning. When using entities, it is important to follow the Minnesota corporate farm laws found in Minnesota Statute Section 500.24. Generally, the statute prohibits operating a farm...
A “trademark” can be any word, name, symbol, or device, or any combination thereof *used by a person (or entity), to identify and distinguish goods or services from those manufactured or sold by others, and to indicate the source of goods or services. (For purposes of this discussion, “trademark” will...
Your FENE will most likely be conducted by one individual, either an attorney with divorce experience or a financial professional such as an accountant. This person will have knowledge of the law and how assets and income are viewed by the courts and judges in determining a division of marital...
Financial powers of attorney are an important estate plan document and recommended for almost all estate plans, but there are some limitations with these documents. From my conversations with clients and their families, the following are some of the limitations that I find are good to know about ahead of...
The decision to amend a community association’s governing documents begins with an understanding of the community association and its governing documents; progresses through the formulation of goals for any new documents, identified based on weaknesses in or issues with the existing governing documents; and ends with an understanding of the...
A spouse’s death creates a difficult and demanding time for the surviving partner. As much as you might want space and time alone to process your grief, you may have certain responsibilities related to settling your deceased spouse’s affairs, including paying off their debt. Most Americans have some type of...
An “F-reorganization” is a type of entity reorganization done primarily for tax purposes. It is a type of tax-free change under the IRS Code typically including a change in identity (i.e. name), or form of entity (LLC into a corporation). In order to realize the tax-free advantages, six requirements (set...
Community associations are controlled by a set of governing documents. The three main governing documents are the Declaration, the association’s Articles of Incorporation and its Bylaws. The governing documents relate to the community association in its dual role as a non-profit corporation and a community association (with restrictive covenants, conditions...
The Hellmuth & Johnson HOA practice group delivered their annual Spring Seminar on April 15th at 9:00 am. Topics for this webinar include information about: Cannabis Law & HOAs Solar Panels & EV Charging Updates on Status of HOA-Related Legislation this Term Presenters included: David Hellmuth Joel Hilgendorf Phaedra Howard...