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Announcing Expanded Title Services

May. 19, 2017

Blethen, Gage and Krause, PLLP is pleased to announce that we now offer expanded real estate title services. 

Blethen Title Services is an extension of our real estate practice, offering closing services for any real estate transaction, large or small.  In addition, we have established Blethen Exchange, LLC, which allows us to offer tax-free exchange services qualifying under §1031 of the Internal Revenue Code.

Blethen Title Services

As part of our 120 year history, we have routinely processed commercial real estate and large residential transactions.  We assist a wide variety of clients including buyers, sellers, lenders, real estate agents, construction professionals, developers and investors. 

In addition to using real estate software to efficiently and accurately process closings and leveraging the vast knowledge and experience of our staff, we deliver unparalleled service to our clients. 

Blethen Exchange, LLC

Under Section 1031 of the Internal Revenue Code, a taxpayer may defer recognition of capital gain and Federal income tax liability by completing an exchange of qualified property.  By reinvesting in a replacement property, taxpayers can defer the payment of income taxes on their investment that would otherwise be immediately lost to income taxation.

Blethen Exchange, LLC serves as a Qualified Intermediary and holds the proceeds from the sale of quailed property until replaced with like-kind property.  We make sure that all rules pertaining to the exchange are followed and coordinate all aspects of the process.  For more information regarding these services, please contact us at 507-345-1166 or send an email to kliterovich@blethenlaw.com or pshneider@blethenlaw.com.

Kim Literovich Speaks at Mankato Clinic

May. 16, 2017

Kim Literovich recently spoke at the Mankato Clinic Staff Appreciation Event about health care directives.

A health care directive is a written document that informs others of your wishes about your health care.   You have the right to state your wishes or appoint an agent in writing so that others will know what you want if you can't tell them because of illness or injury.

A health care directive is important if your attending physician determines you can't communicate your health care choices because of physical or mental capacity.  It is also important if you wish to have someone else make your health care decisions.  

There are certain requirements that must be met to make your healthcare legal.  Kim can help you develop your directive.  Contact her at 507-345-1166 or at kliterovich@blethenlaw.com

May Attorney of the Month – Kim Literovich

May. 15, 2017

Kim Literovich has been an associate with the firm since May 2015.  Her areas of practice include real estate, estate planning, probate and small business.  A large segment of her practice is devoted to drafting individually-tailored estate plans which benefit her clients and their families for years to come.  Whether it’s a simple will, power of attorney or health care directive, Kim eagerly servers her clients.

Kim’s warm personality puts clients at ease and helps them navigate the often complex array of legal matters.  She puts the client first!

She earned her B.S. degree in Business Administration in 2002.  She received her J.D. degree from Hamline University in 2005.

On a more personal note, Kim devotes time to YWCA, Girl’s Inc., Feed our Communities Partners, and Leave a Legacy.  Her and her husband Ron moved to Mankato from International Falls in 2015.

Learn more!

 

Paul Shneider – VP of Minnesota River Builders Association

Jan. 30, 2017

Congratulations to Paul Shneider, attorney at Blethen, Gage and Krause, for being elected as Vice President of Minnesota River Builders Association for 2017!

The MN River Builders Association was founded in 1994 by a small group of builders and associate members whose goal was to increase the professionalism and quality of the homebuilding industry. Over the years the association has grown to include builders, remodelers, subcontractors, suppliers and other professionals who support the building industry in south-central Minnesota. They are the trusted voice of the industry, providing leadership, networking and information resources to our members, our communities and our government officials. The MRBA requires that all members have proper licensing for their industry and all must comply with the rules, regulations, and continuing education requirements set by state statue. MRBA strives to benefit their members in the professional growth of their businesses through participation, advocacy, education and community involvement.

 

Latest Update Regarding Overtime Rule

Dec. 05, 2016

The Department of Labor filed an appeal of the recent federal Court’s decision to halt the new overtime rule increasing salary requirements for certain exempt employees. Because the appeal process can be lengthy, and it is uncertain what effect the new administration will have on this issue, employers are encouraged to continue what they’ve been doing since November 22 when the federal Court granted the emergency motion for a preliminary injunction to stop the rule. At this time, the injunction is still in effect and the new rule did not take effect on December 1st.

Blethen, Gage and Krause will continue to monitor the situation and will provide updates as they are available.

We are available to provide assistance and guidance regarding this issue. You may call one of our employment law attorneys – Julia Ketcham Corbett, Beth Serrill or Kevin Velasquez at 507-345-1166 if you have questions.

FLSA Overtime Rule Suspended

Nov. 29, 2016

UPDATE: As you probably know, the final Fair Labor Standards Act's (FLSA's) overtime rule was set to go into effect Thursday, December 1. A federal judge in Texas put the brakes on the Department of Labor's (DOL's) new federal overtime rule, which would have doubled the FLSA's salary threshold for the "White Collar" exemptions from overtime pay and would have automatically adjusted the threshold every three years beginning in 2020.
While the ultimate impact of this decision is unknown, the court's decision on Tuesday, November 22, 2016 was welcome news for many employers who have been struggling with the impacts of the rule-both to their budgets as well as its impact on workplace flexibility and employee morale.

What do you do now?

• At this time, employers do not need to implement changes by the December 1, 2016 deadline. After hearing the full case, the court could allow the rule to go forward; the incoming Trump Administration now has more time to make changes, including ending the rule making permanently or issuing a new rule with a more reasonable salary threshold.

• If you have already implemented the rule, consider leaving your decisions in place. We empathize with you and employers who have already prepared for the December 1 deadline. Each workplace is unique and employers must consider which approach causes the least disruption for their workplaces. For example, if you have not already reclassified employees, you may want to postpone your decision and monitor the policy developments closely. On the other hand, if you raised otherwise exempt employees' salaries to meet the proposed threshold, you may want to keep those in place.

If you need assistance understanding or analyzing this issue for your workforce, please call one of Blethen, Gage & Krause's employment law attorneys - Julia Ketcham Corbett, Beth Serrill or Kevin Velasquez at 507-345-1166.

New OT Rules – Breakfast Forum Scheduled

Oct. 17, 2016

The Greater Mankato Growth will be hosting a breakfast forum regarding the new overtime rules. Julia Ketcham Corbett, attorney at Blethen Gage and Krause, and Angie Ziegler, accountant with Eide Bailley, will be the speakers.

The Department of Labor released its long-awaited final rule updating its overtime regulations for exempt "white collar" salaried workers. These regulations govern which executive, administrative, professional, outside sales and computer employees are entitled to minimum wage and overtime pay protections under the Fair Labor Standards Act.

The annual threshold has increased from $455 per week or $23,660 annual salary to $913 per week or the equivalent of $47,476 annual salary; a 50% increase. This will clearly have an impact on employers and employees in the Greater Mankato area.

The expert panel will provide critical information needed to comply with this law.

The forum will take place at Greater Mankato Growth in the Sakatah Trail Room. To register, go to http://gmg.greatermankato.com/events/New-Overtime-Rules-Are-you-Prepared-Breakfast-Forum-756/details.

If you have questions regarding this particular rule or any other employment law issue, please contact our employment law experts

 

Jacob Sherlock Admitted to US District Court

Oct. 06, 2016

Jacob Sherlock, associate attorney at Blethen, Gage, and Krause, was admitted to the US DIstrict Court, District of Minnesota.Jacob (Jake) Sherlock BGK Law

What is a District Court?  There are 94 district or trial courts in the United States.  District courts resolve disputes by determining the facts and applying legal principles to decide who is right.  Trial courts include the district judge who tries the case and a jury that decides the case.  In order to represent a party in a case in a district court, an attorney must be admitted to the bar of that particular court.

Jacob represents clients in a wide array of litigation-related matters including personal injury, product liability, family law, criminal defense and insurance law.  He also includes estate planning and probate as part of his practice.

Get to know Jacob and what he can do for you by contacting him at 507-345-1166 or at jsherlock@blethenlaw.com.

Julia Corbett Listed in Who’s Who in Mankato

Sep. 22, 2016

julia-ketcham-corbettThe Minneapolis St. Paul Business Journal recently published an edition regarding the Mankato area.  In that publication, Julia Corbett, attorney at Blethen, Gage and Krause, was listed as one of the Who’s Who in Mankato!

Julia has been with Blethen for 22 years and focuses her areas of practice in Employment Law, Alternative Dispute Resolution, and Family Law.  She most recently was named “Super Lawyer” by Minnesota Law & Politics for the third year in a row. 

For more information regarding Julia’s credentials and what she can do for you, visit her page at http://www.bgklaw.com/attorney-profiles/julia-ketcham-corbett/.  Or, call her at 507-345-1166.

I am Ag

Sep. 22, 2016

Christopher M. Roe

Chris Roe, attorney at Blethen, Gage and Krause, was recently featured in Green Seam’s, “I am Ag”. 

Chris grew up on a farm and continues to farm with his family near LeRoy, MN. Chris represents a large number of agricultural businesses, processors, and producers in all areas of law impacting the agriculture industries.

Read more about this feature story:   http://greenseam.org/blethen-gage-krause-chris-roe/

Green Seam is a new initiative developed by Greater Mankato Growth in order to build on and connect the region's extensive agricultural business assets in order to develop and position the region to be known nationally and internationally as the place for talent, business, innovation and education in relation to agriculture.

To learn more about what Chris can do you for you, call him at 507-345-1166.