Month: May 2024

Minnesota has several common ownership structures for small businesses. Ownership interest defines who owns what portion of the business and how the sharing of profits and responsibilities occurs. Dividing ownership interest can be complex, especially during divorce....

Divorce can be a challenging period, especially when the spouses own a family business. One major issue may be how to divide the business. Aside from that is navigating the split while keeping the business afloat. Doing this requires careful planning and strategic...