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Month: April 2014

Make estate planning part of your spring cleaning

Now that the spring conditions are finally returning to Minnesota after a long and particularly cold winter, people are thinking about their favorite warm weather activities from fishing and gardening to softball and swimming. Still others, however, are thinking about the chores they will need to get done, including their annual spring cleaning. Interestingly, some …

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Terms of service matter when it comes to digital assets

When the average Minnesotan begins the estate planning process, the first assets that they consider are often cash and investments, along with tangible assets like cars, homes, or valuable art or jewelry. These are the core types of things that we think about when contemplating passing something down to the next generation but these days …

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Engineers settle with tech companies over wage theft

A group of more than 64,000 software engineers have reached an agreement with some of the country’s largest tech companies over an alleged $3 billion in wage theft over the course of four years. The engineers worked with the Department of Labor to obtain the settlement after it became clear that the software companies were …

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Trust prosecutors offer more oversight for irrevocable trusts

Irrevocable trusts are a popular tool in estate planning, since they offer a secure and private way to transfer assets to the next generation while minimizing the tax impact on one’s estate. These types of trusts have a lot of benefits with one major caveat – the person creating the trust must give up control …

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President signs order to promote equal pay

President Obama signed an executive order this week requiring all federal contractors to publish data about their wages with gender and racial breakdowns included, so that companies that pay women or minorities less on average will have an incentive to change their practices to eliminate this disparity. The executive order also bans government contractors from …

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Survey finds teen workers more at risk for harassment

A recent survey found that at least one in three teenage workers experience sexual harassment at work. Experts say that although this ratio is high, it is likely that the reality is even worse, since many victims of sexual harassment in any age group do not report the incident to supervisors or law enforcement officers. …

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