also known as Tom Fafinski
Focused on Your Return on Investment in Legal ServicesFocused on Your Return on Investment in Legal ServicesPractical legal services customized to your business needs.We design and implement estate plans that provide for and are tailored to the needs of our clients.We work with real estate acquisition, finance and development, together with associated litigation.
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.
Hourly ($195-435/hour), Fixed (sometimes), Retainer (always)
Cash, Check, Credit card
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Lora Howard, Estate planning Attorney
Relationship: Fellow lawyer in community
Tom is a wonderful resource for any business person. He will both support you and challenge your assumptions to help you make the best decisions possible for your, unique, situation. Tom's work in various industries and with different corporate cultures makes him a true asset for any company. I endorse this lawyer.
Henry Weatherby, Estate planning Attorney
I have worked with Tom at the national level dealing with advanced estate planning methods, techniques and trends. I am truly impressed with the wealth of his knowledge and always look forward to the opportunity to collaborate with him. Tom is a thought leader at the national level and has worked to help lawyers across the country to learn about his enlightened approach to client issues.
|MN||Authorized to practice||1991||01/07/2017|
|Award name||Grantor||Date granted|
|Very High Rating in Both Legal Ability & Ethical Standards||The American Registry||2015|
|Minnesota Super Lawyer||Minnesota Law & Politics Magazine||2004|
|Minnesota Super Lawyer||Minnesota Law & Politics Magazine||2003|
|Minnesota Super Lawyer||Minnesota Law & Politics Magazine||2002|
|Minnesota Super Lawyer||Minnesota Law & Politics Magazine||2001|
|Minnesota Law and Politics Magazine||Minnesota Super Lawyer||2000|
|Minnesota Super Lawyer||Minnesota Law & Politics Magazine||1999|
|National Leadership Award||Business Advisory Council||N/A|
|Attorney||Virtus Law||2010 - Present|
|Instructor||Kaplan Professional School||2014 - 2015|
|Attorney||BenePartum Law Group PA||2002 - 2010|
|Attorney||Fafinski & Wallrich, P.A.||1991 - 2002|
|Association name||Position name||Duration|
|Junior Achievement of the Upper Midwest||Board of Directors||2015 - Present|
|Dakota County Technical College||Advisory Board||2015 - Present|
|Allied Executives||Peer Group Director||2008 - Present|
|Minnesota State Bar Association||N/A||N/A|
|Minnesota Real Estate Investor's Association||N/A||N/A|
|MN Multi Housing Association||N/A||N/A|
|Darlson Manno Limited Partnership v. Diversified Capital Mortgage||Favorable|
|In re HARSTAD v. Egan & Sons||Affirmed|
|Rosemount, Inc. v. Blessi Evans, et. al.||N/A|
|See all legal cases|
|Minnesota Business Magazine||Avoid Surprise Estate Planning||2012|
|dakota county tribune||Business 101: What if my new business partner is my old partner’s creditor, or worse, an ex-spouse?||2011|
|dakota county tribune||Look at your estate plan now: Six Reasons you Shouldnt Wait||2011|
|MAG Newsletter||Four Generations of Succession||2011|
|MAG Newsletter||Business Succession Part 1: One Solution Does Not Fit All.||2011|
|Dakota County Tribune||Using your IRA to invest in Real Estate||2011|
|Dakota County Tribune||Where the Current Economic Outlook and Legal Strategies Intersect.||2011|
|William Mitchell College of Law||Law||JD - Juris Doctor||N/A|
|College of St. Thomas||Business Administration / Financial Management||N/A||N/A|
|WealthCounsel Symposium 2015||Mini-Metric Mastermind||2015|
|Navigate 2015||Keeping the Stars||2015|
|Minnesota Home Talk||Estate Planning||2015|
|2014 Planning for the Generations Symposium||Business Essentials||2014|
|Cover Your Assets||Banking||2013|
|The Proper Use of Land Trust||The Proper Use of Land Trust||2012|
|New Age Estate Planning - A Holistic View||New Age Estate Planning - A Holistic View||2012|
|MNREIA December 2012 All Member Meeting||Government Regulation in Business||2012|
|Physician's Guide to Legal Planning||Physician's Guide to Legal Planning||2011|
|Independent's Day||Partnerships Using Other People's Money||2011|
|Advanced Planner's Monthly Meeting||Estate Planning for Real Estate Investors||2011|
|Planning Business Success on Purpose||Planning Business Success on Purpose||2010|
|Monthly investor meeting||Asset Protection and Estate Planning||2010|
|DCTC course||Real Estate Finance||2010|
|DCTC||Real Estate Law III||2010|
|Monthly RE investor meeting||Real Estate Q & A||2007|
|Allied Executive Quarterly Workshop||Asset Protection Planning for Privately Owned Businesses||2007|
|Monthly RE investor meeting||Real Estate Q & A||2006|
|Monthly RE investor meeting||Real Estate Q & A||2005|
|MAR Monthly Workshop||Planning Business on Purpose||2005|
|Monthly RE investor meeting||Real Estate Q & A||2003|
|Landscaper's Seminar||Business Organizations||1999|