Marking 100 years of service, this special centennial series goes beyond typical case updates to share interviews and insights from the Best & Flanagan team—highlighting the people, stories, and values behind the work. For 100 years, we’ve grown alongside our clients by standing with their families, businesses, and communities. To us, “rooted in relationships” is […]
Marking 100 years of service, this special centennial series goes beyond typical case updates to share interviews and insights from the Best & Flanagan team—highlighting the people, stories, and values behind the work. How Best & Flanagan Turns Complexity Into Clear Next Steps For 100 years, Best & Flanagan has built a reputation for being […]
A lot has changed over the last century at Best & Flanagan. One element remains true to the core. The legacy was and is still about the people.
Minnesota’s recently enacted Paid Family and Medical Leave (PFML) law goes into effect on January 1, 2026. Under the program, employees will be entitled to take up to 20 weeks of PFML in a 12-month period. Qualifying reasons to take leave include: the birth or adoption of a child, the employee’s own serious health condition, […]
As part of a special legislative session, earlier this month the Minnesota legislature passed several laws that will impact Minnesota employers. Paid Leave Law Despite pressure from various business groups to postpone implementation of Minnesota’s Paid Leave Law (MPLL), the legislature rejected such calls and MPLL is slated to take effect on January 1, 2026. […]
On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced its interim final rule regarding the Corporate Transparency Act’s (“CTA”) beneficial ownership information (“BOI”) filing requirements. Through this interim final rule, all entities formed in the U.S. and their beneficial owners, regardless of whether those beneficial owners are U.S. persons, are exempt from the BOI filing requirement, including […]
Beneficial ownership information reporting requirements under the Corporate Transparency Act (“CTA”) are once again in effect. On January 13, 2025 the Supreme Court overturned the December 5, 2024 nationwide injunction barring enforcement of the CTA. This development didn’t result in the filing requirements being reinstated because a second injunction remained in place until that too […]
On December 26, 2024, the 5th Circuit Court of Appeals issued an order vacating its stay of a Texas District Court’s prior injunction suspending enforcement of the Corporate Transparency Act (“CTA”). Previously, enforcement of the CTA was reinstated on December 23, but the December 26 order again suspended enforcement of the CTA and its beneficial ownership […]
Website “Terms of Use” and “Privacy Policies” are often overlooked by many businesses but given the importance of websites to a business and the potential liabilities, they should be carefully considered. Ideally, terms of use should reflect how a website is used by the business and visitors to the site, and should include appropriate legal […]
Minneapolis/St. Paul Business Journal recently hosted its Estate Planning Table of Experts panel discussion, where Jennifer Lammers, a partner in our Private Wealth Planning practice group, joined the discussion on on navigating issues such as health care directives, charitable giving, and upcoming changes to the tax landscape. “Your best tool is a good advisor,” Jennifer stated. “It’s most […]