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Spending Patterns and Resulting Effects on Spousal Maintenance

By: Melissa Nilsson , William Forsyth | Minnesota Lawyer | September 8, 2014
Divorce Settlements, Spousal Maintenance

Melissa Nilsson and William Forsyth have some insight when it comes to spending with a spousal maintenance agreement in a family law article in Minnesota Lawyer™. Spousal maintenance is a tough issue for many reasons and individual spending patterns can make it even more challenging. Read more at Spending Patterns and Resulting Effects on Spousal […]

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What Happens to Unfinished Commercial Real Estate Properties?

| July 18, 2014
Commercial Real Estate

Let’s time travel back to 1999 when the technology market was soaring high. Company A hits the jackpot with a dot-com boom and suddenly realizes, “we need more space!” So, Company A purchases a 100-acre property and begins construction with plans to grow the company ten fold. We know how this story ends. When the […]

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5 Questions to Ask a Real Estate Lawyer Before Renting Your Vacation Property, Cabin or Lake Home

| July 14, 2014
Commercial Real Estate, Landlord/Tenant Matters, Real Estate Equity

With July off to a pleasant start and our Independence Day celebrations behind us, it’s officially “mid-summer”. But, there is still time to consider renting or leasing your lakeshore property or cabin. And, with sites like VRBO.com (Vacation Rentals By Owner), HomeAway.com and even other vacation rental options like Craigslist – it is getting easier […]

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Burns Twin Cities Estate Planning Council

Commercial Real Estate Jargon: Easy as ABC

| June 4, 2014
Real Estate Equity

Navigating the commercial real estate world is challenging for even the most seasoned professionals, especially in today’s fast-changing economy. As the scope and shape of commercial real estate continues to morph, so does the vocabulary used to describe it. There are a myriad of terms in CRE jargon, but we’ve chosen just one (for now) […]

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The Purchase Agreement: Part III

| May 30, 2014
Commercial Real Estate, Purchase Agreements, Real Estate Equity

Previously we took a look at the due diligence process of a commercial real estate transaction.  In this edition, let’s discuss what a Buyer needs to know about contingencies. In a typical CRE deal, there are various standard contingencies that work to benefit Buyers (provided that a Buyer is savvy enough to include such contingencies […]

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Sellers and Buyers: Competing Interests

| May 9, 2014
Commercial Real Estate, Purchase Agreements

Whenever assets constituting a functioning enterprise are transferred in a taxable transaction, Section 1060 of the Internal Revenue Code requires the seller and buyer to allocate the purchase price among the transferred assets. Treasury Regulations require sellers and buyers to allocate the purchase price to and among seven classes of assets according to the relative […]

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