– 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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“When one of our clients was nominated for two Grammy Awards, we just had to go!”said Blake Nelson, Managing Partner of Hellmuth & Johnson, PLLC (“H&J”). The adventure began when musical artist Stokley Williams, from the Minneapolis-based band and H&J client, Mint Condition, collaborated with New York-based R&B singer Kelly...
Life insurance is an expense a person incurs to protect loved ones from the inevitable. In a closely held entity there are two important “inevitables” against which the prudent business owners should also consider acquiring inexpensive “insurance.” Specifically, joint owners should have a candid conversation about life’s “what ifs” while...
The Americans with Disabilities Act of 1990, as Amended, 42 U.S.C. § 12101 et seq. (the “ADA”) generally applies to those employers with 15 or more employees for each working day in each of 20 or more calendar weeks in the current or preceding calendar year. 42 U.S.C. § 12111(5)(A)....
It is widely accepted and understood that discrimination against prospective employees based on things like national origin, sex, age, or race, just to name a few, is not permissible. Placing an ad that excludes applicants based on any of these factors would certainly create undesirable consequences. However, some companies are...
In these challenging economic times, many businesses are asking more from all of their employees, including their salaried employees. As a result, many businesses are requiring their salaried employees to work more hours and complete tasks that were previously performed by hourly or temporary employees. For example, a salaried employee...
While teaching a recent class to Boards of Directors of various community associations, many questions were raised regarding leasing within communities and the ability of associations to regulate and/or restrict rentals. These are issues that many communities return to again and again. It was suggested that it would helpful for...
Recently the Minnesota Department of Labor and Industry (“DOLI”), the Federal Department of Labor and the IRS entered into an enforcement partnership to pursue companies that misclassify employees as independent contractors. Then, just days later, the IRS announced a new program intended to assist employers to “voluntarily reclassify” independent contractors...
IT Contracts are not a necessary evil, although many people see them that way. In fact, the only purposes IT Contracts serve are to protect the organization’s investment, expectations and legal and business interests. IT contracting is a process, which consists of three interrelated and interdependent components: Business; Technical; and...
What does it mean to terminate a contract? To terminate a contract means to end the contract prior to it being fully performed by the parties. In other words prior to the parties performing all of their respective obligations required by the contract, their duty to perform these obligations ceases...
The economic downturn resulted in a collision course for non-compete agreements. On the one hand, companies-more than ever – seek to value, protect and safeguard client relationships, including those protected by non-compete agreements. On the other hand, many employees feel the pressure of economic security and remain willing to accept...