Virtus Law PLLC

09/03/2026

You get an annual physical. Your car gets regular maintenance. Does your business get the same kind of routine checkup?

Our Legal Assessment reviews your contracts, policies, and financial exposure the way a checkup catches small problems before they become expensive ones. We are confident enough in the value of this process that we guarantee savings equal to the cost of the assessment within twelve months.

This is preventive legal work, not litigation after something has already gone wrong.

Call 612-888-1000 to schedule your business's annual Legal Assessment.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

09/01/2026

The instinct to leave your children as much as possible is natural. It is not always the same thing as leaving them well.

A large, unstructured inheritance handed over all at once can create its own problems, from poor financial decisions to family friction over money that was never accompanied by any guidance on what to do with it. Values-based planning asks a different question: not just how much your family receives, but what they are equipped to do with it.

Staggered distributions, incentive provisions, and clear communication about your intentions can turn an inheritance into something that actually reflects what you worked to build, not just its dollar value.

Call 612-888-1000 to talk about structuring an inheritance that reflects your values, not just your balance sheet.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

08/27/2026

If you are seeking financing for your business, the paperwork you present matters as much as the numbers behind it.

Lenders scrutinize entity structure, personal guarantees, and collateral agreements closely, and gaps in any of these can slow down or derail financing you were counting on. We work with lenders and borrowers across the Twin Cities, which means we understand both sides of what makes a lending relationship work smoothly.

Getting your documentation right before you approach a lender is worth more than most business owners realize.

Call 612-888-1000 to have your financing documents reviewed before your next credit application.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

08/25/2026

A commercial lease is one of the largest financial commitments most business owners make, and it is often the document that gets the least legal attention before signing.

Assignment and subletting rights, maintenance responsibilities, and exit terms can all quietly favor the landlord unless someone negotiates otherwise. We work with real estate developers, operators, and investors across the Twin Cities who treat a lease review as an investment, not a formality, because the terms you accept on day one shape your flexibility for years.

A thorough review before you sign costs far less than renegotiating from a weaker position later.

Call 612-888-1000 before your next lease signing.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

08/20/2026

If you run a managed service provider, your client contracts are doing more work than you think, or they should be.

Data access clauses, liability caps, and subscription billing terms are exactly where MSPs run into trouble when something goes wrong, whether that is a breach, a service dispute, or a client who assumed you were liable for outcomes you never agreed to guarantee.

A contract built specifically around how MSPs actually operate protects you before a dispute happens, not after. That is legal spend with a measurable return, not just a cost of doing business.

Call 612-888-1000 to have your client agreements reviewed before the next dispute finds the gap for you.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

08/18/2026

Highly compensated employees often have more complex estate planning needs than they realize.

Significant retirement account balances, equity compensation, deferred income, and employer benefits each have their own set of rules for transfer, taxation, and beneficiary designation. A generic estate plan that ignores these details can leave a substantial amount of value poorly protected or inefficiently transferred.

Minnesota's own estate tax also applies at a lower threshold than the federal exemption. For highly compensated W-2 employees with large retirement balances and equity accumulation, that state-level tax is a real planning consideration that most people underestimate.

The right estate plan for a highly compensated employee coordinates all of these moving parts into a cohesive strategy rather than treating each piece in isolation.

Virtus Law works with highly compensated professionals throughout the Twin Cities. Call us at 612-888-1000 or visit virtuslaw.com.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

08/13/2026

Lenders and commercial creditors operate in a legal environment that requires more than standard business contracts.

Loan documentation, security agreements, guaranty structures, and enforcement rights all need to be drafted with precision. When a borrower defaults, the quality of the original documentation determines whether you can actually recover what you are owed.

Virtus Law works with lenders and commercial creditors throughout Minnesota on both the transactional side — structuring and documenting loans correctly from the start — and the enforcement side when things go wrong.

The cost of getting the documentation right at the beginning is a fraction of what it costs to pursue an inadequately documented claim later.

Call Virtus Law at 612-888-1000 or visit virtuslaw.com.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

08/11/2026

Real estate investors spend years building a portfolio. Most spend very little time thinking about what happens to it if something happens to them.

In Minnesota, real estate owned individually is subject to probate when you pass away. A portfolio of properties going through probate means court oversight, potential delays, and public disclosure of assets that many investors would prefer to keep private.

There is also the question of what happens to the portfolio while probate is pending. Tenants still need management. Mortgages still need to be paid. Decisions still need to be made. Without the right legal structure in place, the people you trust to handle things may not have clear legal authority to act.

A properly structured estate plan for real estate investors can address all of this. The right combination of entity planning, trust structures, and ownership titling can keep your portfolio out of probate, give your trusted people the authority they need, and protect your assets from unnecessary exposure.

Minnesota also has its own state estate tax with a threshold lower than the federal exemption. For investors with significant real estate holdings, that is a real planning consideration.

Call Virtus Law at 612-888-1000 or visit virtuslaw.com.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

08/06/2026

If you run a managed service provider business in Minnesota, your legal exposure looks different from most other industries. And most MSP owners do not know it until something goes wrong.

Data breaches. Client contract disputes. Service level agreement failures. Subcontractor liability. The list of ways an MSP can face a legal claim is long and specific to this industry.

The right legal structure matters. So does how your contracts are written, how your liability is limited, and how your business is protected if something happens to you as the owner.

Tom Fafinski at Virtus Law has spent years working specifically with MSPs and technology businesses. He understands how the industry works, what the risk exposure looks like, and what legal structures actually provide protection rather than just paperwork.

If you have been running your MSP without a serious look at your legal foundation, that is worth changing.

Call Virtus Law at 612-888-1000 or visit virtuslaw.com.

This content is for informational purposes only and does not constitute legal advice. Please consult an attorney for guidance specific to your situation.

07/23/2026

How does trust-based estate planning give you more control and flexibility? Here is a scenario to consider: After working and saving for 30 years, you’ve accumulated over a million dollars in assets to be divided equally among your three children. For now, let’s focus on your youngest, an impulsive 23-year-old, Sam, who hasn’t learned how to handle money properly. What happens to Sam’s portion when you pass away?

Without a trust:

With a Will that transfers your assets directly to your children (or if you never prepared a Will), Sam could immediately use all of his inheritance however he wants. Instead of investing his inheritance, he spends it on a sports car he’s always wanted. At this point, his inheritance (a depreciating sports car) is vulnerable to many pitfalls, such as a forced sale to pay for debts, divorce settlements, or other situations.

Best case scenario:

his wealth no longer grows, but instead shrinks. In seems that Sam certainly did not receive any long-term benefit from his inheritance.

With a trust:

There are types of trusts that can control how Sam receives his portion of the inheritance. Although Sam won’t have the benefit of instant gratification, his inheritance can be managed for his benefit until he reaches an age where he can responsibly manage it himself.

And if he needs the assets for a good reason (education or health care, for example), then the person managing the trust (the Trustee) can decide to use the trust assets for Sam’s benefit.

Additionally, this trust protects his inheritance against creditors, ex-spouses, and other risks. This is just one brief example of how trust-based estate planning gives you greater flexibility and benefits to your family.

Call us today at (612) 888-1000.

Minneapolis-based law firm focused on Estate Planning, Asset Protection, Business Law, and Corporate Strategy. Trusted legal partners for families and privately held businesses.