– 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...
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The Grantor Retained Annuity Trust (“GRAT”) is one of the leading wealth transfer techniques. It is ideal for clients who want to move wealth out of their estate without paying taxes, and it is a remarkably simple concept. Now may be the best time to incorporate a GRAT into your...
Minnesota Housing, the state’s housing finance agency, has launched its COVID-19 Housing Assistance Program. The program provides housing assistance payments to help prevent evictions, prevent homelessness and maintain housing stability. To qualify, households must meet all of the following criteria: Be a Minnesota resident. Be a renter or homeowner with...
As we have noted in the past, the Minnesota Department of Labor & Industry has required all businesses to implement a COVID-19 Preparedness Plan (“COVID Plan”). Under recent Executive Order 20-81 issued on July 22, 2020, all COVID Plans must now be revised. Specifically, all businesses must: Update their COVID...
During these challenging economic times, many owners are failing to pay assessments and may even threaten to file, or actually file for bankruptcy protection. Many associations mistakenly believe that unit assessments are fully discharged when an owner files for bankruptcy protection. Pursuant to Section 523 (a) (16) of the U.S....
UPDATED 11/20/2020 Effective Friday November 20th at 11:59 p.m. through Friday, December 18th at 11:59 p.m., the Minnesota Department of Health recommends cancelling all performances and rehearsals that would involve in-person attendance. In any event, no audience is permitted in the concert venue if performances proceed. Remember that all organizations...
On June 3, 2020, the Minnesota Supreme Court in Kenneh v. Homeward Bound, Inc., affirmed the “severe or pervasive” standard, which employees must establish in workplace harassment or hostile work environment cases under the Minnesota Human Rights Act (MHRA). This standard has been used and applied in Minnesota under the...
Notice: this post was updated July 27 2020. Read the updated article here. The Minnesota Department of Labor & Industry has required all non-critical sector businesses to have a COVID-19 Preparedness Plan before re-opening and all critical sector businesses are required to have a COVID-19 Preparedness Plan by June 29,...
Effective July 9, 2020, the City of Edina expanded its Emergency Declaration requiring the wearing of masks in certain public places to require that residents and guests of multi-family housing buildings must wear masks when in common spaces. This order applies to multi-family residential properties located within Edina, including common...
There is important news for those who took RMDs (Required Minimum Distributions) earlier this year. The CARES Act, which stands for Coronavirus Aid Relief and Economic Security Act, waived the RMDs for 2020 for those distributions made on or after February 1, 2020. That left open the question of how...
A complimentary webinar replay of Contract Negotiation for Composers & Performers is available for viewing. Presenters include Hellmuth & Johnson attorneys, Alex M. Mueller & Terry W. Moore. This one-hour session with legal experts covers topics for musicians and performing artists including: – Addressing current contracts tied to event dates...