– Legal Insights –
If you are expecting an inheritance, an estate planning tool known as a trust may prove useful, depending on your circumstances. Among the numerous types of trusts aimed at fulfilling different estate planning purposes, an inheritor’s trust is specially designed to help protect an inheritance. Purpose of an Inheritor’s Trust...
Filter By:
A cooperative is a type of community association not entirely unlike a condominium or a townhome association. Coops that were created on or after June 1, 1994 are subject to the Minnesota Common Interest Ownership Act (“MCIOA”) and are required to have a declaration and bylaws, along with any rules...
What did you want to be when you grew up? Growing up I wanted to be a paleontologist or an archaeologist. When did you decide you wanted to be a lawyer? I decided to attend law school after volunteering for a political candidate while attending undergrad at DePaul University in...
On June 26, 2021, the world watched as Derek Chauvin was sentenced to 22.5 years in prison for the second-degree unintentional murder, third-degree murder, and second-degree manslaughter of George Floyd. Not even a year later on February 18, 2022, the world watched again as former police officer Kim Potter was...
You are the Chosen One: the nominated Personal Representative in a close friend or family member’s Will (or perhaps you are a grieving spouse or adult child whose spouse or parent passed away without a Will). Over the weeks and months following that person’s death (the Decedent), you arrive at...
Last week, Vireo Health of Minnesota, LLC – one of two holders of medical cannabis licenses in Minnesota – brought a lawsuit in Hennepin County against state officers and agencies in response to the recent amendments to Minnesota’s hemp law, which allows the sale of certain hemp-derived THC edibles and...
Every trust has at least one grantor, also known as the trustmaker, i.e., the person who creates the trust. So, it can be confusing when terms like grantor trust and nongrantor trust are used. It is helpful to understand that neither of these terms refers to the existence or nonexistence...
This workshop will serve as an introduction to various techniques and tools used in creating an effective Estate Plan such as Revocable Living Trusts, Wills, Powers of Attorney, and Health Care Directives. This workshop will cover: “The Basics of All Estate Plans” Explains: Revocable Living Trusts, Wills, Powers of Attorney,...
What Is Self-Dealing in Trust Administration? A trustee usually has quite a bit of discretion in their management of a trust’s accounts, money, and property (known as assets). At the same time, as a fiduciary, a trustee also owes the trust’s beneficiaries a duty of loyalty, which prohibits the trustee...
In what area of law do you practice and why did you choose this? Litigation What did you want to be when you grew up? A rare book trader and bookbinder in the vein of Mortimer Folchart. When did you decide you wanted to be a lawyer? Probably in High...
In 2011, a class action lawsuit was filed against seven tech companies, including Apple, Google, and Intel, alleging that these companies had for years secretly agreed not to solicit or recruit the others’ technical, creative, R&D, and other salaried employees, leading to suppression of employee pay and mobility within the...