It sounds like a character from the movie Guardians of the Galaxy, but it’s not. No, GRAT stands for Grantor Retained Annuity Trust (GRAT). For some, this type of trust can make a big difference in ...
Good Contracts = Good Business Relationships?
Does having a good contract in place mean the end to business disagreements? No. However, it might make them less likely to occur. At the very least, a strong contract will set out ways to handle disa...
Minnesota Partnerships: Choosing the Right Type
Sometimes choosing between two or more choices doesn’t take a lot of thought process. For example, you only have to think about taste when picking between vanilla and chocolate ice cream. But what a...
April 24, 2019 – Thomas M. Fafinski on “The MSP Show” with Stuart Crawford
MSP Legal Corner: What Are Master Service Agreements? The MSP Show welcomes a new regular contributor, Thomas Fafinski from Virtus Law in Minneapolis/St. Paul. Check out their website at https://ww...
May 9 2019 – MSP Voice Webinar Series #11 with Thomas M. Fafinski of Virtus Law
MSP Voice Webinar Series #11 with Virtus Law...
2019 Estate Tax and Gift Tax Limits
It seems that taxes permeate our lives. From sales tax to income taxes, we’re always facing another tax. Two taxes specifically affect estate planning: estate tax and gift tax. The Internal Revenue ...
3 Little Known Benefits of Trusts
Chances are, you’ve heard of trusts. You may know that trusts are used for estate planning but have a very vague idea of how they actually work. In fact, even people who have formed a trust may not ...
December 27, 2018 – Thomas M. Fafinski and Virtus Law PLLC participate in St. Thomas Academy’s Internship program
December 27, 2018 – Thomas M. Fafinski and Virtus Law PLLC participate in St. Thomas Academy’s Internship program...
January 8, 2019 – Thomas M. Fafinski presents to a Managed Service Provider’s Mastermind Group
January 8, 2019 – Thomas M. Fafinski presents to a managed service provider’s mastermind group focused on merger and acquisition activity relating to the initial stages of business acquisi...
February 4, 2019 – Thomas M. Fafinski named Chairperson of the Board of Directors of Community Involvement Program
February 4, 2019 – Thomas M. Fafinski named Chairperson of the Board of Directors of Community Involvement Program, a nonprofit organization providing social services support to the community. ...