– Legal Insights –
The Federal Trade Commission (FTC) creates uncertainty in the U.S. labor market with its recent announcement of a near-blanket ban on non-compete agreements. This bold move, intended to increase worker mobility and competition. The new rule is set to take effect in approximately 120 days, or around August 20, 2024....
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The Federal Trade Commission (FTC) creates uncertainty in the U.S. labor market with its recent announcement of a near-blanket ban on non-compete agreements. This bold move, intended to increase worker mobility and competition. The new rule is set to take effect in approximately 120 days, or around August 20, 2024....
Estate planning can be a significant part of successful financial management, especially for married couples. One key consideration is minimizing estate taxes, which can substantially affect the distribution of money and property to a married couple’s loved ones. What Are Gift and Estate Taxes? In 2024, a $13.61 million federal...
Minnesota OSHA has recently announced initiatives to the address the need for contractors to continuously update their safety protocols and training efforts. OSHA’s focus in these initiatives is aligning fostering a culture of safety in the construction section, with an emphasis on the four goals below. Expanded Training and...
In what area of law do you practice and why did you choose this? Litigation. I honestly never sought out litigation per se. It was a competitive outlet and I think I naturally gravitated towards litigation. What did you want to be when you grew up? A marine biologist. My...
At the beginning of this year, a host of new laws regarding residential landlords and tenants became effective. Most landlords, whether managing a single apartment, a duplex, or multiple apartment buildings, likely heard about this. These new laws affect a number of areas, including the eviction process. This post is...
One of the many challenges of owning a small business is determining the appropriate tax classification of the business. When an individual owns a business entity that is classified either entirely or partially as an S corporation, it is important to seek the guidance of an experienced estate planning attorney...
Fid-doo-she-air-ee. What the heck is a fiduciary, let alone a fiduciary duty? “Fiduciary” means trust. A fiduciary duty is the legal responsibility to act solely in the best interest of another party. A person with a fiduciary duty has a legal obligation to maintain that trust. For example, lawyers have...
In what area of law do you practice and why did you choose this? Construction Law and Real Estate Law. My father owned a general contractor business and a lumber yard. While growing up I worked there in the summers and learned a lot about the industry. Real estate is...
Navigating the world of commercial leasing can be daunting, especially for new business owners eager to secure the perfect location for their ventures. Many tenants are unaware of their power to negotiate the terms of their lease agreements, which can significantly impact their success. With the right guidance of a...
It is better to give than to receive. But if you give a gift above a certain amount in a calendar year (for 2024 that amount is $18,000), you might end up owing money to the Internal Revenue Service (IRS). The federal tax code has very specific rules about how...