Navigating the Perils of Politics in the Workplace

Premium financed life insurance can be a powerful tool for high-net-worth individuals looking to secure large life insurance policies without tying up or liquidating their assets to pay premiums. At its most basic level, premium financed life insurance involves taking out a loan from a lender to cover the cost...

Top 5 Mistakes to Avoid in Premium Financed Life Insurance

Premium financed life insurance can be a powerful tool for high-net-worth individuals looking to secure large life insurance policies without tying up or liquidating their assets to pay premiums. At its most basic level, premium financed life insurance involves taking out a loan from a lender to cover the cost...

New Independent Contractor Rules

Workers who perform services for companies are legally considered “employees” of those companies, with all the accompanying benefits and legal protections. Many companies, however, have traditionally classified their workers as “independent contractors,” and thus avoided giving those workers such benefits as retirement, unemployment compensation and workers’ compensation, and even social...

New Employment Laws Effective August 1, 2024

The 2024 legislature passed a large number of laws affecting employment, some of which are becoming effective now. In particular, the Minnesota Paid Family and Medical Leave Act, which will not become fully effective until January 1, 2026, has been partially implemented now.

Administrative Agencies Cut Down to Size

Clients who regularly do business with administrative agencies should be aware that the regulatory landscape is changing. The Supreme Court has ruled, in two different cases, that the powers of the federal administrative agencies are more limited than had previously been assumed.

Understanding Premium Financed Life Insurance: Opportunities, Risks, and Legal Considerations

Private placement offerings represent a vital avenue for businesses in Minnesota to raise capital without the regulatory complexities of public offerings.  However, navigating the legal intricacies of these transactions is crucial to ensure compliance and avoid potential pitfalls.