Upcoming Changes to FLSA Exemptions: What Employers Need to Know Effective July 1, 2024, changes to the Fair Labor Standards Act (FLSA) will alter the salary thresholds required for certain employees to qualify for exemptions from minimum wage and ov…
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Don’t Let Your Estate Plan Go Up in Smoke Fewer people are creating estate plans today than in years past. Research shows that, in 2024, less than one-third of Americans report having a will.[1] Every adult—whether they are 19 or 99—should…
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Unlocking Opportunity: FTC’s Bold Move to Invalidate Non-Compete Agreements In a landmark move, the Federal Trade Commission (FTC) has proposed a new rule aimed at invalidating non-compete agreements across the United States. Effective Septembe…
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New Minnesota Retirement Program Effective January 1, 2025, all Minnesota employers with five or more employees that do not sponsor a retirement plan must participate in the Minnesota Secure Choice Retirement Program (MSCRP). [1] The Minnesota Secure…
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Introduction In April 2024, Minnesota enacted significant updates to its transfer on death deed (TODD) law. These changes aim to simplify property transfers, avoid probate, and provide clarity for homeowners and beneficiaries. This law became effecti…
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Minnesota Bans Junk Fees Minnesota has recently taken a significant step towards consumer protection with the passage of a new “junk fee ban” law, aimed at ensuring pricing transparency across various industries. Signed into law by Govern…
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Hiring? Salary Posting Now Required on Job Ads The end of the 2024 Minnesota legislative session saw many changes to the state’s employment laws, including Minnesota Statutes Section 181.173. Effective January 1, 2025, Minnesota’s new law require…
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Minnesota’s Earned Sick and Safe Time (ESST) – New Law, New Requirements Minnesota’s Earned Sick and Safe Time (ESST) law went into effect on January 1, 2024. This new law requires employers to provide paid leave to employees who work i…
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State and Federal Law Update: A Must-Read for Every Business Owner! Introduction In the years of 2024 and 2025, we are experiencing a wave of new legislation from both the Minnesota and Federal government that will affect the obligations of business…
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Understanding Estate Administration in Minnesota: Is Probate Always Necessary? Estate administration in Minnesota is a complex process, but understanding when a probate is necessary can help ease the journey. Often our first task when we meet with yo…
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