Sjoberg & Tebelius, P.A.

06/02/2026

We take pride in the work we do. We strive to make every experience with our team exceptional.
If you’d like to share your legal experience in working with our firm, we’d love to hear from you: https://reviewplatform.findlaw.app/pages/review-request/6648764a5172210001479385

06/01/2026

Most business partnerships start with shared goals and good intentions. What they often lack is a clear answer to the harder questions: What happens if one partner wants out? How are major decisions made when partners disagree? How is the business valued if someone needs to be bought out?

Minnesota's default partnership rules will fill those gaps if your agreement does not address them, and those defaults may not reflect what you or your partners had in mind when you started. A well-drafted partnership agreement covers contributions, profit distribution, decision-making authority, and a clear exit process from the beginning, before disagreements make the conversation harder.

For guidance on drafting a partnership agreement, contact Managing Partner Mark Tebelius at [email protected]

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05/28/2026

Planning a merger or acquisition in Minnesota involves more than agreeing on price. Depending on the size of the deal and the industry involved, regulatory approval may be required before you can close.

At the federal level, deals valued at $133.9 million or more generally require a pre-merger filing under the Hart-Scott-Rodino Act. At the state level, Minnesota's Attorney General can review transactions that may affect local residents, and healthcare organizations with $40 million or more in annual revenue face a 90-day notice requirement before closing. Banking and energy transactions carry their own separate approval processes with independent timelines. Each layer of review adds time, and some reviews come with conditions attached, such as divesting part of the business or agreeing to temporary pricing limits.

Knowing which approvals apply to your deal before you start the process is one of the most effective ways to protect your timeline and avoid delays at closing.

Read the full article: https://www.stlawfirm.com/blog/2026/04/when-is-regulatory-approval-required-in-minnesota-ma-deals/

05/26/2026

Trust or will? Most people think it is one or the other. In Minnesota, that assumption can leave real gaps in your estate plan.

A revocable living trust only controls the assets you actually transfer into it. Any account or property that remains in your name, whether left out intentionally or simply overlooked, cannot be distributed by your trustee. It becomes part of your probate estate instead. A pour-over will serves as the safety net, capturing anything that did not make it into the trust and directing it there. Without one, Minnesota's intestacy laws fill in the blanks. And for parents of minor children, a will is the only document that allows you to name a guardian, something a trust cannot do.

Read the full article: https://www.stlawfirm.com/blog/2026/03/do-you-still-need-a-will-if-you-have-a-trust-in-minnesota/

05/21/2026

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05/19/2026

You inherited money and deposited it into a joint account. It seemed like the practical thing to do at the time.

Here is the problem. Once inherited funds are commingled with marital assets, tracing them back to their original source becomes difficult. Over time, what started as your separate inheritance can lose its character as separate property entirely. This matters not only for estate planning purposes but for how those assets may be treated down the road. Keeping inherited funds in a dedicated account, with clear documentation of the original source, is one of the simplest and most effective ways to protect them long term.

For guidance on protecting an inheritance within your estate plan, contact Managing Partner Mark Tebelius at [email protected].

05/18/2026

We are pleased to share with you the recent success at Fishing Has No Boundaries event held at the Chippewa Flowage in Hayward, Wisconsin - May 15 & 16. Attorney Steigauf is proud to say his contestants achieved remarkable results, finishing second in both Northern and Crappies. It was a privilege to once again guide these participants.

05/18/2026

Poor planning can lead to costly taxes, delays, and even forced property sales—but the right steps can help avoid it.

Don't want "surprise" taxes?

05/14/2026

Minnesota employers, here is something worth knowing before your next termination.
At-will employment means you can let someone go for any non-discriminatory reason, or no reason at all. But after the termination, a former employee has the right to submit a written request for the reason they were let go. That request must come within 15 working days of termination, and if it does, you have 10 working days to respond in writing. That written response is permanent and can be used in any subsequent legal proceeding. Before your next termination, make sure your documentation is in order and consult an employment attorney before anything goes on record.

For guidance on handling terminations correctly, contact Attorney Anne Brown at [email protected].

05/12/2026

We take pride in the work we do. We strive to make every experience with our team exceptional.
If you’d like to share your legal experience in working with our firm, we’d love to hear from you. https://reviewplatform.findlaw.app/pages/review-request/6648764a5172210001479385