Insights

Fair Credit Reporting Act Compliance
The Fair Credit Reporting Act (“FCRA”) is a federal law enacted in 1970 to promote the accuracy, fairness, relevancy, and privacy of consumer information in the file of credit reporting agencies. Banks and other financial institutions are an important link in the consumer credit ...Read More

The Minnesota Professional Firms Act–What is it, and does it apply to you?
When you are forming your business, the choice of entity is always an important decision – will you incorporate, or form a limited liability company? Will you operate as a partnership – general or limited? What you may not know is that if you ...Read More

Antenuptial Agreements Get New Requirements under Kremer
It has been more than ten years since the Minnesota Supreme Court decided a case which addressed antenuptial agreements in a significant way. This May, in Kremer v. Kremer, the Supreme Court further clarified the standards which apply to antenuptial agreements which address both ...Read More

A Prenuptial Agreement for You and Your Medical Practice
A prenuptial agreement, or antenuptial agreement, is a legal contract entered into by two people before they marry. These agreements can be particularly important for a physician because in the unfortunate event of a future divorce, a prenuptial agreement can be a vital part ...Read More

Financial Concepts for Small Business Owners
Minnesota business owners need to have a clear understanding of concepts such as budgeting, pricing strategies and cash flow in order to succeed. Some might think that they only need a business plan if they are going to seek equity or debt financing, but ...Read More

Errors to Avoid to Build a Successful Business Online
Building credibility and offering products or services that are in demand are only two factors that make an online business successful. Many Minnesota entrepreneurs might think that success comes naturally because creating an online business is easy. In reality, success only comes with proper ...Read More