Upcoming MPA Events
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Topic: Real Estate Math
Learn how to calculate the net operating income, return on investments, financing costs, cap rates, and Internal Rate of Return for commercial real estate transactions. We will cover a brief explanation of these commonly-used terms and will work through a few examples together. The hope is that understanding the math behind the real estate transaction will add value to your practice and just may surprise and impress your clients.
Speaker: Marissa Ulstad
Marissa Ulstad has been with the Minneapolis NCS office for the past 6.5 years. During the first 5 years, she was senior escrow office/underwriting counsel and closed and underwrote transactions for many of the office’s large portfolio clients. For the past 1.5 years, in addition to closing and underwriting transactions, she has taken on the added responsibility of serving as the manager of the Minneapolis office’s construction disbursing team. Prior to joining First American, Marissa was in private practice with the commercial real estate and lending group at a local law firm for 5 years, where she represented developers, owners, landlords, tenants, contractors and lenders in commercial real estate transactions at the local and national level. Her work there also included providing counsel to address and resolve a broad range of title issues. Prior to joining the law firm and while attending law school, Marissa worked for a Minneapolis-based real estate developer, where her team managed varied aspects of real estate development including site selection and acquisition, marketing, design and engineering, municipal and other governmental approvals, and securing financing.
Marissa earned her B.A. degree at Appalachian State University in Boone, North Carolina, and her law degree at Hamline University School of Law in St. Paul, Minnesota. She has been a member of the Minnesota Shopping Center Association since 2008 and has served on numerous committees over the years. In her free time, Marissa enjoys relaxing at the family cabin on Lake Superior with her husband and 3 children, duck and pheasant hunting with her Golden retriever (the 4th child), and traveling.
CLE credit has been requested.
Remote attendance is available.
Member Cost: Free
Non-Member Cost: $10
Please register no later than September 6, 2019.
If you have any questions or concerns, please contact Lesa Eastman at email@example.com.
Topic: District Court Judge - Perspectives from the Bench
Welcome back, Rochester MPA members! I trust you all had a wonderful summer break. For our September meeting, we have the honor of having Judge King come speak to us about her experience as a district court judge. This is one you don't want to miss! Judge King will provide a perspective from the bench about how paralegals can most effectively assist in the representation of clients appearing before the district court. This will be an informal presentation. Questions are encouraged.
Note: We will be in Meeting Room A, located on the first floor. Library staff can direct you. (Meeting Room B on the 2nd floor was not available).
Speaker: Judge Pamela King
3rd Judicial District Court Judge Pam King is chambered in Olmsted County and serves as the backup judge for the Dodge and Olmsted County Drug Courts. She was appointed in October 2015 and subsequently elected in October 2016. Prior to being appointed to the bench, Judge King worked full-time as an attorney for the Minnesota Public Defender. In this role, she handled cases involving complex litigation and/or forensic science. She consulted with public defenders and private defense lawyers on a variety of issues including forensic DNA, forensic pathology, toxicology and drug chemistry. She was a participant and then facilitated the Minnesota State Public Defender DNA Institute. In 2018 Judge King was awarded the Magnus Mukoro Award for Integrity in Forensic Science by New York City Legal Aid Society. Judge King served as a Commissioner on the National Commission on Forensic Sciences. She is a fellow in the American Academy of Forensic Sciences, and is a member in the Minnesota Association of District Court Judges. She has three dogs, enjoys kickboxing, running, cooking, and she and her husband are home-brewers.
Lunch: Box lunches available from Jimmy Johns for $13. If you would like lunch ordered for you, please e-mail firstname.lastname@example.org with your sandwich, chip and cookie request by Friday, 09/06/19. Checks payable to Brenda Nash-Eickhoff. See website for menu: https://www.jimmyjohns.com/menu/
This event is available for in-person attendance only.
CLE credit has been applied for this session.
Please RSVP by Friday, September 6, 2019.
Topic: S Corporations in Estate Planning and Estate Administration
Many entrepreneurs choose to organize their business as an S corporation. Using an S corporation structure provides several benefits to the owners of the business, but can introduce a number of challenges when creating or administering an estate plan for an S corporation shareholder. This presentation will familiarize you with the advantages and disadvantages of organizing as an S corporation, permissible S corporation shareholders, limitations on the number of shareholders, and the mechanics of making the S corporation election with the IRS (including remedying untimely elections). Relying on the activities of a hypothetical S corporation shareholder, you will learn about inter vivos transfers of S corporation stock to revocable and irrevocable trusts, special considerations that apply upon the death of an S corporation shareholder, and the transfer of S corporation stock to trusts created for beneficiaries of the shareholder’s estate. With respect to post mortem transfers of S corporation stock, the differences between a Qualified Subchapter S Trust (“QSST”) and Electing Small Business Trust (“ESBT”) will be examined, and the timing and mechanics of making a QSST or ESBT election will be explained. You will leave the presentation with the confidence to address ownership of S corporation stock in estate planning and estate administration, and sample documents (including QSST and ESBT elections) to ensure S corporation status is maintained.
Speakers: Nicholas J. Kaster and Jeffrey S. Waldron
Nicholas J. Kaster and Jeffrey S. Waldron are attorneys at Moss & Barnett. You can find Nicholas's bio here, and Jeffrey's bio here.
CLE credit will be requested for this sectional.
RSVP by September 6, 2019.
Member Cost: Free (Remote Attendance Available)
Non-Member Cost: $10 (Remote Attendance Available)
Please contact Shelly Doerr at email@example.com with any questions.
Topic: The Legal Implications of Artificial Intelligence
Speaker: Jerami Kemnitz
Jerami is a seasoned litigator with 24 years of private practice and in-house experience. He is currently Assistant General Counsel and Director of Privacy and Security for Littler Mendelson, P.C. and previously served as Global Head of eDiscovery for Wells Fargo, managing the preservation, collection, review, and production of all business divisions’ electronic data and case management for the litigation and investigations docket. Prior to that, he was founder and chair of Shook, Hardy & Bacon’s International Discovery and Data Privacy Team. Jerami is an active member of The Sedona Conference Working Group 6 on International Electronic Information Management, Discovery and Disclosure (WG6); The Sedona Conference Working Group 11 on Data Security and Privacy Liability (WG11); and chairs the Diversity Subcommittee on Attraction and the WG6 Middle East Committee.
Please register no later than September 13, 2019.
If you have any questions or concerns, please contact DeAnne Brooks at firstname.lastname@example.org.
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