Agreements between the owners of a new business are an essential part of forming a new business. Shareholder agreements apply to owners of corporations; member or operating agreements apply to owners of limited liability companies.

If you are looking to buy new real estate for your business, you have a question to answer, whether you realize it or not:

Should I buy real estate through my existing company or create a Real Estate Holding Company to buy it and rent it to my existing company?

The idea of probate is simple enough: Probate is the process where debts are paid and the ownership of certain property is transferred by the “Personal Representative” of a person who has died (this person used to be called the Executor of an estate). Some assets never go through probate because they are jointly owned, or have payable or transferable on death designation. Probate exists to transfer assets that are individually owned without any beneficiary designation.

An issue we have been seeing pop up with some regularity is the online disparagement of companies by former employees. While it can take many forms, we often see it in the form of Facebook posts by former employees. While it is a nightmare to get attacked online because it is damaging to your reputation: and it is potentially unlawful.

As the saying goes, A family cabin isn’t a place, it’s a feeling.

We all know that a family cabin is more than just a building. Beyond the beautiful views, a family cabin is a place of nostalgia where countless summers are spent making memories with your children. Family cabins are important family legacies.

The answer is, well… Kinda.

April is National Pet Month. So, this month we wanted to honor our beloved companion animals by discussing how you can provide for them, even after you are gone.

When you remarry, you’re enjoying a second chance at a happy future with someone you love. However, there’s more to planning for this new partnership than booking a wedding venue and inviting guests. You should revisit your estate plan or take your new, extended family into account when putting one together.

The start of a new year often brings a renewed sense of purpose, a desire to fulfill procrastinated goals, and reflections on the passage of time. The year 2020 was a time of uncertainty for many people. So, as we turn the corner and begin anew in 2021, many of our clients are looking to the future with their Estate Plans in mind. With how quickly life and circumstances can change, it is essential that you not only have an estate plan, but have a plan that is up-to-date and captures the realities of your current life.

When someone passes away in Minnesota, the probate court appoints a personal representative to administer their estate. This party, who has a duty to distribute the decedent’s property to all parties with a legitimate interest in the estate, may hire an estate planning attorney to assist them in carrying out all required responsibilities, which are detailed in this blog.

Contracts are essential to any business. Whether you use them for transactions with customers, contractors or employees, it is important that your contracts are legally sound and say what you mean for them to say.

No amount of preparation can take away the grief that you feel after a loved one passes away. At Grabitske Law Firm, we understand that this is a difficult time and it can be challenging to make good business decisions while you are mourning.

Sometimes families fight when people die. Estates generally must go through probate before assets can be distributed to heirs. After a loved one passes away, emotions run high and, unfortunately, there can sometimes be disputes during probate.

It’s a wonderful feeling to realize that your business will live on past you. However, you may feel overwhelmed when you think about the planning to transition your business.