Resources
Resources
- December 18, 2023Finance & Banking
Best Practices for Mortgage Lenders when Notifying Borrowers of Default
As interest rates increase, the lending community is expecting an uptick in collection proceedings. As part of the collection process, lenders will need to send default notices to borrowers informing borrowers of the default and how to cure. It is imperative for those default notices to contain the appropriate and necessary information as required by... - December 13, 2023
Permitting
In 2023 Cory Genelin represented homeowners accused of many permit violations related to the construction of their home. The city brought suit and sought an injunction that would have required destructive inspections of completed work and compelled Cory’s clients to vacate the home, along with multiple fines. The city also unlawfully filed a Notice of... - December 13, 2023
Agricultural Litigation
“This case presents an unusual legal challenge of the highest order of complexity.” That’s how both the trial court and the Minnesota Court of Appeals described a historic case Cory Genelin won on behalf of a farm family in 2023. In previous litigation, the other side had established that they entered into an 8-year farm... - December 7, 2023
Estate Planning & Family Law, Fall 2023
In this issue: Dealing with Divorce and Taxes Incorporating Retirement Assets Into Your Estate Plan Estate Freezing and Gifting—Estate Planning in the Shadow of the TCJA Sunset Read Full Newsletter - December 6, 2023Trusts & EstatesEstate Planning
Incorporating Retirement Assets Into Your Estate Plan
The Setting Every Community Up for Retirement Act ( also known as the Secure Act) became law on December 20, 2019, and went into effect in 2020. More recently, Congress enacted the SECURE 2.0 Act, with some of the provisions having already taken effect as of January 1, 2023. The SECURE Act and SECURE 2.0... - December 5, 2023Family LawDivorce
Dealing with Divorce and Taxes
Divorce and taxes—two topics most people don’t wish to think about. However, tax issues have a substantial impact on divorce and the lives of those involved. Here are a few key divorce tax takeaways that are sometimes forgotten: Update Your Withholdings. People typically file a new form W-4 with an employer to change withholdings after... - December 4, 2023Estate Planning
Estate Freezing and Gifting – Estate Planning In The Shadow of The TCJA Sunset
Under the current federal tax code, the lifetime gift and estate tax exemption for an individual is $12,920,000 and $25,840,000 for a married couple. However, unless legislative action is taken to extend these exemptions, decedents who pass away after January I, 2026, will have effectively half of the previous exemption amount estimated to be around...