– 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 Office of the Comptroller of the Currency (OCC) shared several updates over the past six weeks that require the attention of financial institution leaders. In fact, some changes go into effect as soon as December 1, 2017. On September 28, the Committee on Bank Supervision (CBS) for the OCC...
The history of non-compete agreements might be described as a pendulum. The past five years have seen a significant movement in employer attempts to broaden noncompete agreements and limit employee protections. A decision this year from the Federal Circuit, as well as other recent developments, suggests, however, that the pendulum...
Real estate agents often question what rights and remedies they may have against the seller in the event of a non-disclosure claim. In many home sales, the buyer, seller and agent sign an arbitration agreement requiring that claims go through arbitration rather than litigation. Many buyers, sellers and real estate...
Most association governing documents contain provisions requiring the association to establish and maintain one or more reserve accounts that are used to set aside funds for the future maintenance or replacement of components of the property that the association is obligated to maintain, repair and replace. Legal Requirements for Reserves...
Even though I’m a lawyer, my blog posts don’t always need to discuss law-related topics. I’m entitled to digress from time to time, particularly when the “issue of the day” affects me personally. This week the St. Clair Broiler, an old-fashioned diner-style restaurant in St. Paul’s Macalester Groveland neighborhood, announced...
As we become more mobile, law firms face substantially greater challenges meeting their ethical obligation to keep client information confidential. The progress, convenience, and efficiency that technology has brought to our practices carries with it a risk we cannot see but against which we must be vigilant. A recently unsealed...
As a contractor, getting paid for work completed isn’t always as easy as collecting onsite or sending an invoice. Hellmuth & Johnson construction law attorney Blake Nelson answers fact or fiction when it comes to collections, interest and liens and Minnesota state law. It is legal to charge 18% per...
The delays continue regarding the overtime rule that was originally set to go into effect on December 1, 2016. This rule would have raised the salary threshold for exempt employees – those employees who were not entitled to overtime – to $47,476 from $23,660. Implementation of this rule was delayed...
Moore About the World: Wherever geo-politics and business strategy crash into history, most of this has happened before. Adding his unique brand of wit and wisdom to his problem-fixing experience as a veteran lawyer, Terry Moore mines the past to find straight answers to complicated questions. How can the North...
“And on the seventh day God ended his work … and he rested… from all his work.” Genesis 2:2 (King James Bible version) Now that Minnesotans can purchase off-sale liquor on Sundays, the question becomes what’s next for retailers and consumers on that day. There aren’t that many legal barriers...