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Letters of Intent: How They Go Awry
| April 18, 2014
Commercial Real Estate, Purchase Agreements
As a deal lawyer, I love getting the phone call from a client about a new transaction. My heart sinks, however, when the client happily tells me how simple it will be because they have signed a letter of intent—without a lawyer reviewing it. A letter of intent (“LOI”) is not necessarily a bad thing, […]
READ POST >The Purchase Agreement: Part II
| March 19, 2014
Commercial Real Estate, Mortgage Defaults
Previously, we discussed key purchase agreement provisions and concepts, including purchase price, earnest money and payments terms. In this edition, we’ll take a closer look at the due diligence process. Here is what you need to know: During the due diligence process, the Buyer will inspect and investigate the property to determine if the contingencies […]
READ POST >The Purchase Agreement: Part I
| March 1, 2014
Commercial Real Estate, Purchase Agreements, Real Estate Equity
Previously we discussed the importance of assembling a team of Key Players as a first step to any commercial real estate transaction. Once your team is assembled and discovered a suitable property, the next step is to draft and negotiate a purchase agreement that encapsulates the deal and protects your interest. A well-drafted purchase agreement […]
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Revocation of Beneficiary Designations Upon Divorce
By: Jason Damberg
, Kathryn (Katy) Graves
| Minnesota Lawyer | February 10, 2014
Beneficiary Designations, Divorce Settlements
Kathyrn Graves and Jaime Driggs have some insight when it comes to the revocation of beneficiary designations upon divorce in a family law article in Minnesota Lawyer™. Read more at Revocation of Beneficiary Designations Upon Divorce.
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You Can’t Take ‘It’ With You – How You Can Leave ‘It’ Behind
By: Christopher Burns
| January 31, 2014
Estate planning, trust and probate attorney, Christopher J. Burns, presented “You Can’t Take ‘It’ With You – How You Can Leave ‘It’ Behind” on February 20, 2014 as part of the 2014 Planning Well Seminar Series. The presentation covered basic estate planning tools such as wills, trust agreements, health care directives, and powers of attorney […]
READ POST >Relocating with a Child Requirements
By: Alan Eidsness
, Jaime Driggs
| Minnesota Lawyer | December 23, 2013
Domestic Relations, Relocating with a Child
The law governing out-of-state relocation of children changed in 2006 with the adoption of Minnesota’s removal statute, replacing the endangerment standard with an eight factor best interest standard and placing the burden of proof on the party seeking to relocate. Read family law attorneys Alan C. Eidsness and Jaime Driggs analysis in “What Type of Hearing […]
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