Medical Assistance, Minnesota’s version of Medicaid, provides more than 600,000 Minnesotans with coverage monthly.  Many of these individuals are seniors.  When looking forward to retirement, it is important to consider future health care needs as well as how such needs will be paid for.  This includes possible long-term care.  While private options, such as out-of-pocket...

As the economy enters into a recession and debtors’ assets are losing value, dwindling or disappearing, the doctrine of marshaling assets is appearing in more and more collection actions and appellate decisions.  The increased use of marshaling assets is also the result of land prices remaining high while other property values, such as equipment and...

A seriously dishonest or desperate borrower, even if relatively rare, can be the cause of the biggest losses a lender may face. Many loans are extended on the assumption that the bank has sufficient collateral—whether real estate, equipment, receivables, or other property—to repay the loan in the event the borrower cannot make his regular payments....

In this issue: The Minnesota Estate Tax: An Explanation Through Examples Planning for Medical Assistance: What Should You Consider? Producing Good Results: Objectives for Farmers Read Full Newsletter

In this issue: Marshaling of Assets: Old Doctrine Learns New Tricks Desperate Measures Call for an Extraordinary Response: Emergency Collection Actions State Court Receivership: A Powerful Creditor’s Tool Read Full Newsletter

Author Joseph Brusuelas, The Real Economy Blog (November 23, 2020) – The roughly $3 trillion in pandemic aid pumped into the economy in the spring worked to such an extent that it most likely prevented an increase in personal and commercial bankruptcies. But that is likely to change as the long shadow of the economic shock...

Mankato, MN (November 2, 2020) – Gislason & Hunter LLP is pleased to welcome Daniel Schwartz and Jennifer Gish to their firm. Schwartz will practice out of the New Ulm office and Gish will practice out of the Mankato location. Schwartz will focus his practice on agriculture law and agribusiness, business and corporate law, finance...