On April 15, 2020, Minnesota Governor Tim Walz signed into law new legislation related to COVID-19. Among many other provisions, the legislation includes a relaxation of the normal formalities for signing a Will by including a “Harmless Error” provision. Typically, in order for a person to create a Will, two witnesses must be present to ...
Attorney Doug Wolgamot addressed the unique set of challenges faced by the owners of family businesses.
The COVID-19 pandemic has led to dramatic fluctuations in the stock market and the value of closely held businesses. Although we all hope that the massive dips in values are temporary, these challenges present unique opportunities for individuals who would be subject to federal or state estate taxes. Lower values allow more assets to be ...
Attorney Doug Wolgamot will address the unique set of challenges faced by the owners of family businesses.
729 Second Avenue South
Minneapolis, MN 55402
Thursday, January 23, 202011:00 AM - 1:00 PM
On March 21, 2013, Governor Dayton signed a tax bill that impacts Minnesota residents as well as those who reside out-of-state, but own real estate and other assets in Minnesota.
The decision will impact businesses and individuals in the areas of estate planning, tax, employment practices and employee benefits.
The Omnibus Tax Bill contains major changes to the Minnesota estate and gift tax laws, effective July 1, 2013.
On May 14, 2013, Governor Dayton signed into law legislation revising the definition of "marriage" in Minnesota to include same-sex marriage. The law becomes effective August 1, 2013.