– Legal Insights –
For many business owners, their business is one of the most valuable and important things they own. When it is time to sit down and create an estate plan, it is critical that business owners plan for their business just as they would plan for their home or finances. Effective...
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The Centers for Disease Control and Prevention (CDC) have recently issued Interim Guidance for Businesses and Employers Responding to Coronavirus Disease 2019 (“COVID-19”). The CDC guidelines allow businesses to plan, prepare and respond to COVID-19 as they re-open for business. In anticipation of the need for effective, proactive and protective...
On May 13, 2020, the Minnesota legislature unanimously voted to amend Minn. Stat. 515B.2-118 to authorize new procedures that communities can use when amending governing documents. Specifically, (1) an association can obtain ‘deemed’ approval to amendments from owners who do not vote or do not respond to a request for...
A complimentary webinar replay to help understand the importance of having a Will, Health Care Directive, Power of Attorney and other important documents. Also learn about probate and minimizing taxes for your heirs. Presented by Michele R. Loughrey Tschida, Attorney at Law, Hellmuth & Johnson. Please download the outline and...
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The Great Recession pitted lenders against borrowers in a financial crisis that produced an estimated 3.8 million foreclosures between 2007 and 2010. There were no winners. People lost their jobs, their homes, and their creditworthiness. The financial services industry was decimated by non-performing loans, bad publicity and the cost of...
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While major portions of the business world are on hold, business owners and leaders can still position their business for sale or acquisition in a positive way by focusing on the future. Thinking critically about your five-year plan is a productive way to spend your time if business is slow....
Michael Klemm, David Hellmuth, Phaedra Howard, and Nancy Polomis of our Homeowners Association Team have created a concise collection of information to help the boards and residents common interest communities face new challenges brought on by the COVID-19 pandemic. Even as the Governor’s stay home order is set to expire...
The United States has experienced a surge in immigration since 1970, and there are now approximately 45 million foreign-born people living in the United States. Some of them have become U.S. citizens, but many non-citizens live in the United States as well. In 2019 alone, approximately 1,031,000 foreign nationals obtained...
We at Hellmuth & Johnson hope that you and your family are healthy and well. During this unsettled time, as we endure the “new normal” of living with the unfortunate COVID-19 pandemic, there is a good opportunity to put ones legal and financial affairs in order. It is an essential...
Last Thursday, April 9, 2020, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic....
The severity of the COVID-19 pandemic should serve as a wake-up call to those who have been putting off creating or updating an estate plan. None of us know what tomorrow will bring, so for your own peace of mind and the benefit of your loved ones, it is important...