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Thomas Michael Fafinski
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Thomas Michael Fafinski

also known as Tom Fafinski

Practice areas:

Estate Planning, Business, Banking, Real Estate

About Me

Thomas M. Fafinski is co-founder of Virtus Law PLLC, a 7 attorney firm in Minnesota which simulates a general counsel’s office for hundreds of privately-held businesses and real estate interests.  Thomas works or leads litigation, business transactions and planning departments of Virtus Law PLLC’s services.  He graduated 13thin his class at William Mitchell College of Law, cum laude, in January of 1991 and is also a cum laude graduate of the College of St. Thomas where he secured a bachelor’s degree in Business Administration and Finance.   


Tom founded Fafinski & Wallrich, PA, which grew to a medium sized law firm of 10 attorneys.  When approached for a second time to merge practices with a large downtown law firm, Fafinski’s group remained independent.  Eventually, this group was purchased by an investor attorney from a large law firm and he continued as an employee for roughly 5 years.  Tom had the opportunity to start Virtus Law PLLC with his partner, Nathan Nelson, in 2010.  While practicing under 3 banners over 24 years, Fafinski has continually served those with an interest in privately-held businesses and real estate investors in a general counsel capacity.


Tom has been an adjunct faculty role of the Minnesota State Colleges and Universities teaching business law and real estate issues.  He is also involved as a business coach and facilitator for a CEO peer group with privately held businesses that have between $1M-$750M in annual revenues. 


He has been published or featured in William Mitchell College of Law Magazine, Dakota County Tribune, StarTribune and various association newsletters and has been a guest speaker for several local radio programs.  Tom is or has been a member of the Minnesota State Bar Association, the Hennepin County Bar Association, Minnesota Real Estate Investor’s Association and Minnesota Real Estate Exchangers, and Minnesota Multi-Housing Association.


Tom walks in the steps of many of his clients as a business owner for more than two decades and has consistently refused overtures of larger firms.  He is also real estate investor, although not involved in daily operations [his spouse is].  Tom he is active with the investment decisions associated with his real estate portfolio.


 


He is admitted in State and Federal Court for Minnesota.  Tom enjoys spending time with his family, learning, coaching his kids (baseball, basketball and football), Mustangs of the ‘60s, all kinds of sports and is a die-hard Bruce Springsteen fan.

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Photos and Videos

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Practice Areas

Licensed since 1991

  1. Business: 35%
  2. Estate Planning: 35%
  3. Real Estate: 15%
  4. Banking: 15%

Payment

Fees:

Hourly ($195-385/hour), Fixed (Sometimes), Retainer (Always)

Payment Types:

Cash, Check, Credit Card

Attorney Endorsements

3 total 

  • Nathan Wayne Nelson

    Tom focuses on creative solutions that generate a return for the client.

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    Nathan Nelson Litigation Attorney
    Relationship: Co-worker

  • Robert Donald Estes

    I have had Tom across the table from me. He is tough, but fair minded, very knowledgeable and intent on reaching an amicable solution in a difficult situation. I endorse this lawyer.

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    Robert Estes Business Attorney
    Relationship: Opposing Counsel on matter

Contact Info

7040 Lakeland Av #100
Brooklyn Park, MN, 55428

Virtus Law

Suite. 100, Virtus Professional Center
7040 Lakeland Avenue.
Brooklyn Park, MN, 55428

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Resume

License
StateStatusAcquiredUpdated
MNAuthorized to practice199106/29/2015

Professional Misconduct

We have not found any instances of professional misconduct for this lawyer.
Avvo Contributions
Legal Answers
Awards
Award NameGrantorDate Granted
Very High Rating in Both Legal Ability & Ethical StandardsThe American Registry2015
Minnesota Super LawyerMinnesota Law & Politics Magazine2004
Minnesota Super LawyerMinnesota Law & Politics Magazine2003
Minnesota Super LawyerMinnesota Law & Politics Magazine2002
Minnesota Super LawyerMinnesota Law & Politics Magazine2001
Minnesota Law and Politics MagazineMinnesota Super Lawyer2000
Minnesota Super LawyerMinnesota Law & Politics Magazine1999
National Leadership AwardBusiness Advisory CouncilN/A

Work Experience
TitleCompany NameDuration
InstructorKaplan Professional School2014 - 2015
AttorneyVirtus Law2010 - Present
AttorneyBenePartum Law Group PA2002 - 2010
AttorneyFafinski & Wallrich, P.A.1991 - 2002

Associations
Association NamePosition NameDuration
Junior Achievement of the Upper MidwestBoard of Directors2015 - Present
Dakota County Technical CollegeAdvisory Board2015 - Present
Allied ExecutivesPeer Group Director2008 - Present
Minnesota State Bar AssociationN/AN/A
Minnesota Real Estate Investor's AssociationN/AN/A
Manufacturer's AllianceN/AN/A
MN Multi Housing AssociationN/AN/A

Legal Cases
Case NameOutcome
Darlson Manno Limited Partnership v. Diversified Capital MortgageFavorable
In re HARSTAD v. Egan & SonsAffirmed
Rosemount, Inc. v. Blessi Evans, et. al.N/A

See all Legal Cases 

Publications
Publication NameTitleDate
Minnesota Business MagazineAvoid Surprise Estate Planning2012
dakota county tribuneBusiness 101: What if my new business partner is my old partner’s creditor, or worse, an ex-spouse?2011
dakota county tribuneLook at your estate plan now: Six Reasons you Shouldnt Wait2011
MAG NewsletterFour Generations of Succession2011
MAG NewsletterBusiness Succession Part 1: One Solution Does Not Fit All.2011
Dakota County TribuneUsing your IRA to invest in Real Estate2011
Dakota County TribuneWhere the Current Economic Outlook and Legal Strategies Intersect.2011

Education
School NameMajorDegreeGraduated
William Mitchell College of LawLawJD - Juris DoctorN/A
College of St. ThomasBusiness Administration / Financial ManagementN/AN/A

Speaking Engagements
Conference NameTitleDate
Minnesota Home TalkEstate Planning2015
2014 Planning for the Generations SymposiumBusiness Essentials2014
Cover Your AssetsBanking2013
The Proper Use of Land TrustThe Proper Use of Land Trust2012
New Age Estate Planning - A Holistic ViewNew Age Estate Planning - A Holistic View2012
MNREIA December 2012 All Member MeetingGovernment Regulation in Business2012
Physician's Guide to Legal PlanningPhysician's Guide to Legal Planning2011
Independent's DayPartnerships Using Other People's Money2011
Advanced Planner's Monthly MeetingEstate Planning for Real Estate Investors2011
Planning Business Success on PurposePlanning Business Success on Purpose2010
Monthly investor meetingAsset Protection and Estate Planning2010
DCTC courseReal Estate Finance2010
DCTCCashflow Analysis2010
DCTCReal Estate Law III2010
Monthly RE investor meetingReal Estate Q & A2007
Allied Executive Quarterly WorkshopAsset Protection Planning for Privately Owned Businesses2007
Monthly RE investor meetingReal Estate Q & A2006
DCTCBusiness Law2006
Monthly RE investor meetingReal Estate Q & A2005
MAR Monthly WorkshopPlanning Business on Purpose2005
Monthly RE investor meetingReal Estate Q & A2003
Landscaper's SeminarBusiness Organizations1999