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The FTC’s Proposed Ban on Noncompete Clauses: Implications for Businesses and Workers
By: Eric Friske
, Benjamin (Ben) Hamborg
| February 8, 2023
Non-Compete Agreements
On January 5, 2023, the Federal Trade Commission (FTC) proposed a new rule that would ban the use of noncompete clauses in employment contracts. A public forum will be held on February 16, 2023, examining the proposed rule, which will serve as a supplement to the FTC’s prior request for members of the public to […]
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Home for the Holidays: Estate Planning and Other Considerations for Recent Graduates
By: Christopher Burns
, Brigitt Orfield
| November 18, 2022
Powers of Attorneys
The holiday season is fast approaching and for many that means welcoming recent graduates back home for the holiday break. Amidst all the festivities, take some time to put a few things in order before your child returns to college or living on their own. This will help put your mind at ease when you’re […]
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Minnesota Court of Appeals Holds that Guardians have Broad Immunity from Negligence Claims
By: Benjamin (Ben) Hamborg
, Kelly J. Zech
| September 19, 2022
At Henson Efron, we delve into a wide range of legal issues, including guardianship. In the article below, we share a recent court ruling which provides protection as it relates to personal and financial liability of private guardians in Minnesota. The Minnesota Court of Appeals recently upheld a 2020 Minnesota statute1 that bars claims against […]
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Takeaways From the Prince Estate Six Years Later
By: Christopher Burns
, William (Bill) Cameron
, Alan Eidsness
, Scott Emery
, Brigitt Orfield
, Lloyd Stern
| February 16, 2022
Gift Tax, Probate, Wills & Trust Agreements
Prince Rogers Nelson “Prince” died in April 2016 at the age of 57 leaving behind an estate with an appraised value obtained by the estate’s administrators of $82.3 million vs. a $163.2 million appraisal by the Internal Revenue Service (IRS). Now, not quite six years later, the estate has finally settled a long running dispute […]
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Does Your Non-Competition Agreement Make Any Sense?
By: John Bisanz, Jr.
| December 14, 2021
Non-Compete Agreements, Owning a Business
Every business owner knows that clarity of purpose is essential for a company to be successful. Knowing and articulating why you do what you do enables management and staff to collaborate, innovate, and find new and better ways to conduct business.
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Beneficiary Responsibility for Estate Tax Liability
By: Scott Emery
| November 16, 2021
Taxes
The role of personal representative of an estate includes numerous responsibilities, which include inventorying assets of the estate, identifying liabilities, and paying debts. Generally, the personal representative will make distributions to beneficiaries in accordance with their interest after the satisfaction of all obligations of an estate. However, it is not uncommon for a beneficiary to […]
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