Archive for March 25, 2014

Passing the Family Business to Your Kids Isn’t Simple

Finding a way to hand-off your family business to your kids without stirring up family discord isn’t easy.

If you have 3 children, equal joint ownership of the family business may not work well if only one child works in the business. » Read more..

You Need a Power of Attorney Document Even if You Have a Trust

What can an agent named under a Minnesota Durable Power of Attorney document do that a trustee can’t do? » Read more..

Tax Returns Multiply at Your Death

When you die, the tax returns that your survivors file with the Internal Revenue Service multiply. » Read more..