Many in Rochester work very hard to earn the opportunity to go into business for themselves. Running a company, however, can often prove to be a burdensome task that does not allow one the time needed to participate in its core operations. If there is another that can share the management and administrative load, however, then the job can become easier and much more enjoyable. Establishing a business partnership may seem like a simple thing, yet in reality, there are a number of complexities involved with such a venture, chief of which is deciding what type partnership model to adopt.
Ensuring that an executor fulfills the duties of the position
Being the executor or personal representative of a Minnesota estate after a person dies is an important fiduciary responsibility. Even though adult children may not want to fill this role, they should still be aware of how the probate process is progressing, and whether there are any red flags.
6 things to look for in an intermediary during a merger
You're planning a merger with another company. You have talked to the owner extensively. You believe you'll both thrive if you work together. You're excited about the shift in direction and what the future holds.
What do you need to start an online business?
By starting an online business rather than finding the ideal physical location in Minnesota, you eliminate several steps and expenses in getting your company up and running. However, selling goods and services online involves unique preparation, and if you neglect this groundwork, you could ruin your chances of success.
Changing Minnesota estate tax laws may benefit your heirs
It is only natural that you want as much as possible of your estate to go to your heirs after your death. However, Minnesota estate taxes on top of federal taxes can drain the assets considerably if steps are not taken to avoid these consequences. We at Dunlap & Seeger, P.A., often provide advice and assistance to individuals, entrepreneurs and farmers who want an estate plan that maximizes the benefits to their family members.
