Calculating a farmer’s income for child support or spousal maintenance is often the result of averaging income over several years. This makes sense when a farmer’s income is constantly moving up and down. Over the past few years, averaging the last three to five years has seemed appropriate for many farmers; and for some, a...

With the drawdown of the U.S. Military, many veterans are entering the workforce. Many public employers, and some private employers, have gone out of their way to hire veterans. While most of these are highly motivated and capable employees, there are some terminations from time to time. Minnesota Statutes section 197.46, the Veterans Preference Act,...

Minnesota legislators and legislatures often refer to even numbered years as “bonding” and odd years as “budgeting.” However, there is no constitutional or other legal provision requiring “bonding” vs. “budgeting” years. The informal distinction simply means that in odd years, the legislature hopes to pass a two year budget. In odd years, with the budget...

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 this is not the case. A business plan helps a new...

Most new commercial ventures fail within their first five years, and entrepreneurs in Minnesota and around the country are frequently warned that taking action without meticulous planning beforehand could be a recipe for disaster. However, some of the most successful business owners in America built their fortunes by ignoring words of caution and taking bold...

Commercial real estate investments have long been attractive to investors in Minnesota and around the country. Historically, only a very limited subset of the population was actually able to invest in commercial real estate because of the large buy-ins required to do so. In 2012, the JOBS Act was passed by Congress. Meant to stimulate the economy,...

It is not uncommon for an employer to receive a Garnishment Summons and Disclosure Form from a creditor of its employee. The Garnishment Summons must include the full name of the debtor and the debtor’s last known mailing address, the remaining unpaid balance of the debt owed, and the date of entry of judgment, pursuant...