Estate planning can be a complicated process, which is why it’s always best to consult with an attorney at every step. Planning an estate when one or more of the beneficiaries is a special needs child adds yet another variable. There are a few more steps you will need to…
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Every business owner knows that insurance is essential to their business. From liability insurance to errors and omissions, there is a wide swath of plans to consider. For those who have physical retail locations, the list is even bigger. You not only need to protect your business, but also the…
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Choosing an executor is an important part of creating an estate and/or a will. An executor is the person who has been put in charge of administering the terms and assets of a will or estate. It’s an important position and choosing the right person for the job is crucial…
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Businesses are essentially made of people, which means that mistakes can happen. Unfortunately, there are times when those mistakes cost quite a bit of money, often to the detriment of your customers. This can often result in negligence lawsuits that financially hurt your business. Even if you don’t have to…
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Fidelity bonds are an important type of insurance for companies because they protect your business and customers from thefts committed by your employees. If you have a business that has employees who handle large amounts of cash, valuable items, or other expensive assets, a fidelity bond is a type of…
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When a person passes away, their friends and family members quickly become accustomed to the term probate, especially if the person who has passed has not set up a trust or written a will that dictates the disbursement of their estate. Even if a will or trust has been created,…
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When attorneys and their clients are seeking a temporary restraining order or preliminary injunction in federal cases against the United States, the United States Court of Federal Claims will generally require a surety bond in order to provide security to the relief that is being sought. This is a process…
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There are many types of commercial insurance policies that protect against everything from liability to worker’s compensation. Not every type of policy is recommended for every business, but many companies, based on their industry, choose to have some type of liability insurance. Some need even more, and that’s where commercial…
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If you are going to serve as the executor or personal representative of an estate in Minnesota, one of the things you must familiarize yourself with is the “final accounting.” This is an integral part of the process that must be completed if the estate is going through a formal…
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If there’s one thing (future) business owners will need to understand, it’s commercial insurance. Making sure your business is covered from liability is crucial to keeping you out of bankruptcy and in business for years to come. That’s why many business owners choose professional liability insurance. But is this type of business insurance necessary for limited…
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