Minnesota Marital Settlement (Divorce) Agreement
A Minnesota marital settlement agreement is a legally binding contract between spouses that lists the terms of their divorce (legally known as “dissolution of marriage”). The document addresses the division of personal property, real estate, assets, and debts, as well as the custody of any children. Under the contract, one (1) spouse may be given…
Minnesota Corporate Bylaws Template
Minnesota corporate bylaws are rules that define the internal structure and daily operations of a corporation. Corporate bylaws allow the first board of directors or the incorporators to nominate officers and identify their liabilities, duties, and rights within the corporation. The voting power of shareholders may also be addressed along with their ability to call special…
Minnesota Land Contract Template
A Minnesota land contract is a legally binding document used to transfer ownership of vacant land between two parties. When putting together the contract, the parties should include all relevant details surrounding the transaction, such as the agreed-upon purchase price as well as any financial contingencies. All legal descriptors of the land/lot must also be…
Minnesota Non-Solicitation Agreement
A Minnesota non-solicitation agreement is a contract between an employer and employee that can be part of an employment agreement, severance agreement, or function as a stand-alone document. A non-solicitation agreement usually creates restrictions on the time and location wherein the employee is prohibited from soliciting clients or employees of the employer. It typically goes…
Minnesota Partnership Agreement
A Minnesota partnership agreement is a record that breaks down business operations under two or more parties. It normally settles dispute resolution, dissolution, duration, ownership interests, and liabilities. The contract should be as specific as possible to reduce future confusion. Partnership Types General Partnerships (GP) – Chapter 323A (§§ 0101-1203) Limited Partnership (LP) – Chapter…
Minnesota Postnuptial Agreement
A Minnesota postnuptial agreement is a legal document that lets married couples determine certain financial rights and responsibilities if their marriage ends in death or divorce. As with prenuptial agreements, many couples find postnuptial agreements desirable because they can help protect assets against the uncertainty inherent in the divorce process. Unlike prenuptial agreements, or “prenups,” which…
Minnesota Separation Agreement Template
A Minnesota separation agreement allows married couples to make important decisions regarding their property, monetary obligations, and children in situations where they no longer wish to live together but are not yet ready for divorce. Minnesota courts recognize legal separation, and it can benefit some couples who do not wish to get divorced for financial…