Planning for retirement and maximizing their estate is a big financial priority for many clients. Whether it’s maximizing social security income or planning to retire completely from their own savin...
Are Clickwrap Agreements for Software Enforceable?
You’ve agreed to clickwrap agreements in the past, though you may barely recall doing so. It happens when you install new software on your computer or purchase an online software solution. During th...
Details of the Minnesota Revised Limited Liability Act
On April 8th, 2014, the Minnesota Revised Uniform Limited Liability Company Act was signed into law, impacting all LLCs formed in the state of Minnesota. Owners of LLCs created before August 1, 2015 h...
What is a Gun Trust?
When you visit an attorney to make an estate plan, the first thing you’ll do is discuss your assets and how you would like those passed to loved ones. A common asset many people in Minnesota have is...
What is a Foreign Asset Protection Trust
A trust is an estate planning tool where you create a legal entity that holds your assets. In a lot of ways, it’s like a business, except instead of managers it has fiduciaries and beneficiaries. Wh...
How to Add Performance Standards to Contracts
You may have seen a clause in a contract you’ve signed similar to the one below. While the exact language and standards will vary based on the industry, the goal is to ensure one or both parties are...
The Problems with Prince’s Estate
Prince, iconic singer and performing artist, left behind an estate valued at $200 million (although approximately ½ of this will go to taxes). After his death last year without a will, the battle ove...
An Overview of Minnesota’s Medicaid Program: Medical Assistance
In Minnesota, our Medicaid program is called Medical Assistance (MA) and covers over 700,000 low-income individuals including children, pregnant women, and adults. It also covers those over 65 and ind...
What is the Limitation of Liability Clause?
Contracts often contain clauses designed to limit a company’s exposure to lawsuits and liability, particularly in situation where the claim is not insurable. Especially when drafting a master servic...
What Happens When You Default on a MSA?
When you drafted your master services agreement (MSA), you should have spent some time thinking through what would happen in the event that either party defaulted on payment or performance. While this...