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Earnouts Without the Drama
Matthew Schaap Matthew Schaap

Earnouts Without the Drama

Earnouts can be an effective way to bridge a valuation gap, particularly when a business has genuine growth potential that is not yet fully proven. But they also create fertile ground for disputes when the contract leaves too much open to interpretation. The best way to reduce that risk is simple: draft with clarity.

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Minority Shareholder Rights & Oppression Claims (302A)
Matthew Schaap Matthew Schaap

Minority Shareholder Rights & Oppression Claims (302A)

In closely held Minnesota corporations, majority owners must treat minority shareholders fairly. When they don’t, courts can provide remedies ranging from buy-outs to changes in governance. Prevention is almost always cheaper than litigation.

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Moving Out of State With Kids: The Realities of Relocation
Matthew Schaap Matthew Schaap

Moving Out of State With Kids: The Realities of Relocation

Relocation cases are among the most emotional in family law. A move can mean better work, closer family, or new schools—but it also changes a child’s daily life and a parent’s relationship overnight. Minnesota courts apply a best-interests analysis to decide whether a proposed move should be allowed when the parents don’t agree.

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Prenups & Postnups Under Minn. Stat. § 519.11
Matthew Schaap Matthew Schaap

Prenups & Postnups Under Minn. Stat. § 519.11

Marital agreements are planning tools, not relationship statements. In Minnesota, premarital (prenuptial) and postnuptial agreements are enforceable when they’re done thoughtfully and fairly. The best ones are specific, complete, and readable. The worst? Rushed documents with vague terms and missing disclosures that invite a future court to set them aside.

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When Divorce Meets Business Ownership
Matthew Schaap Matthew Schaap

When Divorce Meets Business Ownership

For business owner-operators, the company is often the largest marital asset and the family’s income source. The goal is to divide fairly while keeping the business healthy.

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QDRO Basics Without the Jargon
Matthew Schaap Matthew Schaap

QDRO Basics Without the Jargon

Dividing retirement accounts is one of the most sensitive (and delay-prone) parts of a divorce. You can settle the house, cars, and bank accounts—but if the retirement division stalls, the case doesn’t truly feel done. Enter the QDRO—a court order instructing a retirement plan exactly how to pay a spouse or former spouse. Sounds simple. In practice, a QDRO has to match (1) your divorce decree, and (2) the plan’s rules. Get those two in sync and the specified amount can be transferred. Miss on either, and if the administrator rejects it, months can slip away.

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Cabin Succession Plans That Don’t Create Family Wars
Matthew Schaap Matthew Schaap

Cabin Succession Plans That Don’t Create Family Wars

Whether you’re on the Whitefish Chain, the Twin Cities, or somewhere in between, a Minnesota cabin is a legacy—until scheduling, repairs, and money spark conflict. Good planning turns goodwill into a workable system.

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Minnesota Garnishment & Levies: A Practical Playbook for Creditors
Matthew Schaap Matthew Schaap

Minnesota Garnishment & Levies: A Practical Playbook for Creditors

A judgment is a piece of paper. Collection turns it into money. In Minnesota, garnishment (wages and bank accounts) and levies are the core tools. Success is equal parts process and persistence. Do the mechanics right, anticipate exemption claims, keep pristine accounting—and keep cycling your remedies until the balance is gone.

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