Probate proceedings have a bad reputation. Many people are eager to avoid probate at all costs. However, court oversight of estate administration occurs for a reason. Some people might embezzle from an estate without any oversight of how they manage the assets someone...
When you’re a business professional, one of the benefits you may have received was stock options. Stock options give you a right to buy your own company’s stock for a set price. The idea is that you can buy these stocks at a set price even in the future, and that’s...
When someone defaults on their obligations to your company, they will inevitably cost your business money. Whether you have to obtain supplies or services from an alternative and more expensive source or you delayed delivery for a client and trigger a penalty clause...
On June 27, 2022 the Minnesota Court of Appeals released a precedential decision regarding digital court appearances. In Butler v. Jakes, the District Court issued an Order for Protection protecting Petitioner, Ms. Butler, from Respondent, Mr. Jakes after holding a...
Probate often can be a complicated process. The estate must be settled, and many tasks completed. But along the way there is the possibility for disagreements to surface, leading to litigation. Disputes happen, whether among family members or due to an executor...
A divorce does not automatically sever provisions of a will leaving assets to an ex-spouse’s heirs according to the Minnesota Court of Appeals decision issued yesterday in the Estate of Mathew Joseph Tomczik, A21-1420 (May 23, 2022). In Tomczik, the deceased, Mathew...
Running a business can be a challenging experience even under the best of circumstances. Unfortunately, it is not uncommon for payment disputes and contract discrepancies to quickly derail an organization’s profitability. In the construction business, this can greatly...
Even in the best of circumstances, a divorce can quickly become a complicated process. While the elements of a marriage are unique, there are often common factors that can add layers of complexity. From determining a parenting plan to agreeing to future debt...
You were mildly surprised to discover that your parents had significant debt when they died. This scenario makes you wonder what happens to debt when someone dies and whether their child is responsible for paying it. The simple answer is “no.” The remainder of their...
While a couple might agree that divorce is the best course of action for both futures, they will still face numerous challenging negotiations through the process. From the division of assets and debts to the determination of support and parenting time, the divorcing...