When you own your own Minnesota small business, you have a lot to potentially lose in the event that someone falls a lawsuit against that business, and if you are not careful when setting it up in the first place, your personal assets could be at stake. At Dunlap & Seeger, we understand that there are certain business structures you can choose when forming your business that can help protect your personal assets, and we have helped many entrepreneurial clients establish business structures More +

Never sign a contract that you do not feel 100% comfortable with. It can harm your business for years to come. Signing it is legally binding. In a lot of cases, you can’t back out after the fact. Even with specific escape clauses, which allow you to legally break the contract, certain conditions must be met before you can do it. It’s not always easy. To avoid a serious mistake, here are some of the key things that you should look for: More +

If you have been divorced or widowed before and now met a new person that you would like to get married to, that is certainly something to celebrate. However, Minnesota residents in this situation should be sure to use their heads as much as their hearts when making this decision. If either you or your new partner have children from a prior marriage, it is extremely important that you engage in frank, open and honest discussions about your assets, debts More +

Starting a business in Minnesota does not have to be difficult. However, you should take care to do everything correctly. The right business model and legal structure should protect you from liability. Conversely, inappropriate structures could have the opposite effect. Of course, one of the first things you would want to do is establish a sound business plan. This article will assume that you already have your plan worked out and you are ready to move on to making everything official. More +

Minnesota could offer you a range of options when it comes to estate planning. An irrevocable trust is one of these tools. When you create one of these trusts, you basically set up a separate legal entity over which you have no control and supply it with assets. In this role, you would be the grantor, trustor or settlor. This naturally begs the question of why you would want to create an irrevocable trust. Although it would largely depend on More +