In Minnesota, trusts are often overlooked assets in divorces.  A trust could either be set up by the parties themselves before or during the marriage or set up by someone else for the benefit of one or both of the parties. Just because an asset is placed in a trust does not necessarily mean that...

The University of Minnesota is now investing in its own research through the newly implemented Discovery Capital Investment Program. The university will distribute a maximum of $700,000 to up to two startups that use government-funded research. The university is doing this for the first time ever, since outside seed capital hasn’t recovered to pre-recession levels....

Establishing a Minnesota business should include the development of a business plan, a living document that allows goals and ideas to be recorded for future reference. Review of such documents is important for measuring progress and making adjustments in strategy as results are compared to the original goals. An annual evaluation of a business plan may be...

Minnesota residents may be interested in an article that addresses tax planning ideas for mid-year. People tend to think about paying taxes in the early spring, but the owner of a small business might want to take stock of finances during the middle of the year to avoid an unpleasant surprise when it is time...

When someone in Minnesota starts a new business, they might know what kind of service or product they want to offer but not understand where to begin with the legal aspects of the business. The type of legal structure a person sets up will affect the amount of taxes they pay, paperwork, personal liability issues...

A deeply divided Supreme Court issued a 5-4 decision Monday deciding that certain for-profit companies cannot be required to pay for specific types of contraceptives for their employees. The decision has set-off frenzied debates over religious and reproductive rights, as well as ignited speculation as to the future reach of the law. While the majority,...

Residents and football fans in Minnesota may be surprised to hear that the federal Redskins ban may not be as groundbreaking as some people initially made it out to be. On June 18, the Trademark Trial and Appeal Board effectively voided six federal trademark registrations, including that of the Washington Redskins since the team name...