Risk. We can say it’s just a part of doing business, but it’s certainly a part we’d like to minimize. One way to lower risk and reach the highest level of mitigation possible is through good cor...
Minnesota’s New Minimum Wage Standard
Minimum wage rates are being debated nationwide and in our own state. Laws often change to reflect new societal attitudes and conditions, and Minnesotan laws are no exception. Business owners may be c...
VIP Member of a Wealth Management Team: Your Directed Trustee
Effective wealth management requires a team of dedicated professionals, people who tailor a plan that pinpoints their client’s financial and legal needs. One client may need a special retirement acc...
3 Reasons to Sign a Health Care Directive
Every estate planning document has a purpose. A Last Will and Testament directs a personal representative to manage and distribute the signer’s assets after death. A power of attorney allows a perso...
What Minnesota Chapter 322C Means for Your LLC
In 1993, Minnesota businesses were given a new structure to use when forming a business – limited liability companies (LLCs). Since then, LLCs have largely become the business structure of choice, a...
Changing Your Business Structure
Every business is set up as specific type of legal entity, like a partnership, corporation, or sole proprietorship. Occasionally, the nature of a business will change, necessitating some organizationa...
Including Personal Property in Your Estate Plan
When we think of bequests in a will, we may think of eye-catching headlines about an individual who leaves $10 million to a favorite cousin – or to their cat. But bequests can also cover any propert...
Virtus adds Two New Locations to Better Serve Clients
Virtus Law is proud to announce that with the mergers with Motz & Motz and Bruce L. Beck and Associates we have added two new locations to better serve our clients. We have a new office in Cambrid...
A Short Guide to the Minnesota Revised Uniform Fiduciary Access to Digital Assets Act
When someone passes away, they leave behind a lifetime of possessions, personal property, and even an online footprint. Now, in addition to the tangible assets of the estate like retirement accounts, ...
Bruce L. Beck and Associates Joins Virtus Law
Bruce L. Beck and Associates, an estate planning and elder law institution in the Northeast Metro has proudly joined Virtus Law as Of Counsel in our estate planning and elder law practices. Bruce brin...