Shannon S. Frank

Experience

• Business Law
  • Represents business clients in asset acquisitions, mergers, and sales of assets and ownership interests.
• Closely-held Businesses
  • Counsels small business owners concerning the formation of limited liability companies, partnerships and corporations, and preparation of shareholder agreements, operating agreements, bylaws, employment contracts, and confidentiality and non-compete agreements.
  • Significant experience assisting owners to plan and structure their companies for succession or sale, including incentive programs for key employees and advanced transfer strategies for owners.
• Real Estate Law and Development
  • Represents clients in real estate acquisitions, leases and sales, including commercial, residential, multi-family, and mixed-use transactions.
  • Assists clients in the purchase and sale of real estate, negotiation and preparation of lease agreements, and resolution of disputes in real estate transactions.
  • Represents developers and property owners with zoning, variances, special use, and other land use matters.
  • Assists developers of residential subdivisions, including land acquisition, land use matters and covenants.
  • Collaborates with engineers, architects and financial institutions to facilitate client transactions.
  • Prepares covenants and restrictions for residential real estate developments.
  • Assists clients in organization of homeowner and condominium owner associations and on-going association operational matters.
• Construction Law
  • Represents builders and subcontractors with residential construction agreements, mechanic’s liens, warranty issues, and the Indiana Quality Assurance Builder Standards.
  • Assists material suppliers with a variety of contractual business issues.
  • Assists clients with construction disputes and resolution of homeowner claims.
  • Assists clients in reducing wasteful construction claims by incorporating effective contract terms and dispute resolution methods.
• Estate Planning and Wealth Transfer
  • Develops and implements estate plans for individuals and families, including wills, various trusts (family trusts, living trusts, credit shelter trusts, life insurance trusts), powers of attorney and healthcare representative appointments, intra-family loans, guardianships, gifting, and pre-marital agreements.
• Probate and Trust Administration
  • Represents banks and individuals through the probate process in their roles as personal representatives and also in their roles as trustees of various trusts.
  • Assists in the transfer of non-probate assets, distribution of estate assets and the preparation and filing of inheritance tax returns.
• Healthcare Law and Physician Groups
  • Assists in organization of professional corporations and limited liability companies for healthcare professionals and preparation of physician employment, independent contractor, joint venture and practice management agreements.

Publications

• “Victory for Designers and Builders in Copyright Case,” Article Published on KDDK.com, Author (September 2018)
• “Landlords’ and Property Owners’ Duty of Care re: Third Party Attacks,” Article Published on KDDK.com, Author (March 2018)
• “Limited Partnership and Limited Liability Partnership Filing Requirements Effective January 1, 2018,” Article Published on KDDK.com, Author (December 2017)
• “Extension to File 706 to Preserve Estate Tax Exemptions,” Article Published on KDDK.com, Author (November 2017)
• “Owner/Building Management Issues in Condo Development,” Evansville Condo Network, Presenter (September 2017)
• “Significant Changes to Indiana’s Home Improvement Contract Act,” Article Published on KDDK.com, Author (June 2017)
• “Court Finds General Contractor Owed Duty of Care to Sub-subcontractor Employee,” Article Published on KDDK.com, Author (June 2017)
• “Court Expands Municipal Power to Require Connections to Public Sewer System,” Article Published on KDDK.com, Author (May 2017)
• “Business Contracts under the New Consumer Review Fairness Act,” Article Published on KDDK.com, Author (January 2017)
• “Timely Filing of Lawsuit,” Article Published on KDDK.com, Author (October 2016)
• “Legal Issues Working with Volunteers,” Southwest Indiana Chamber Non-Profit Alliance Seminar, Presenter (September 2016)
• “You Don’t Have to Be a Prince to Need a Will,” Article Published on KDDK.com, Author (May 2016)
• “Change in Secretary of State Filing Requirements for Non-Profit Corporations,” Article Published on KDDK.com, Author (April 2016)
• “Lienholder’s Right to Attorney’s Fees,” Article Published on KDDK.com, Author (April 2016)
• “Rights of Neighboring Homeowners Regarding Vacant and Abandoned Property,” Article Published on KDDK.com, Author (February 2016)
• “New Year’s Checklist for Businesses,” Article Published on KDDK.com, Author (January 2016)
• “Indiana Supreme Court Finds for Adverse Possessor Who Did Not Actually Pay Taxes on Parcel,” Article Published on KDDK.com, Author (August 2015)
• “Indiana Court of Appeals rules against HOA in covenant violation case,” Article Published on KDDK.com, Author (June 2015)
• “Legal Updates Regarding Land Development” and “Commercial Property Purchase and Lease,”  Kahn, Dees, Donovan & Kahn Seminar, Presenter (May 2015)
• “Advanced Directives: Who Needs Them and Why?” Article Published on KDDK.com, Author (April 2015)
• “Indiana Businesses Receive Misleading Letters Regarding Corporate Records,” Article Published on KDDK.com, Author (February 2015)
• “An Easing of Indiana’s Home Improvement Contract Act,” Article Published on KDDK.com, Author (January 2015)
• “Discussing Estate Plans Can Be Easier When Everyone Is Together,” Article Published on KDDK.com, Author (December 2014)
• “Landlord Liability and Known Defects,” Article Published on KDDK.com, Author (October 2014)
• “Managing Risk With Your Subcontractors,” Article Published on KDDK.com, Author (July 2014)
• “Safe Rooms and Storm Shelter Construction,” Article Published on KDDK.com, Author (June 2014)
• “Estate and Gift Tax Law Changes Included in Obama’s 2015 Budget Proposal,” Article Published on KDDK.com, Author (June 2014)
• “Change Orders: Don’t Leave Money on the Table,” Article Published on KDDK.com, Author (October 2013)
• “Liability Insurance for Construction Defects,” Article Published on KDDK.com, Author (September 2013)
• “Indiana Model Home Deduction: Do You Qualify?” Article Published on KDDK.com, Author (August 2013)
• “Assisting Clients in Planting the Seed to Grow the Philanthropy Tree,” Evansville Area Fundraising Council Leave a Legacy Celebration, Featured Speaker
• “Indiana Repeals Inheritance Tax,” Article Published on KDDK.com, Author (May 2013)
• “Options Under Current Gift and Estate Tax Laws Before 2013 Scheduled Changes,” Article Published on KDDK.com, Author (November 2012)
• “Construction Warranties, Waivers and Workmanship,” Article Published on KDDK.com, Author (September 2012)
• “Private Companies and Director Liability,” Article Published on KDDK.com, Author (August 2012)
• “Change in Indiana Inheritance Tax Law,” Article Published on KDDK.com, Author (June 2012)
• “Amendments to the Indiana Home Improvement Act,” Article Published on KDDK.com, Author (June 2012)
• “Practical Information for Business Owners and Managers,” University of Evansville Executive MBA Program, Guest Lecturer
• “13 Simple Steps to Resolving Conflict in Business,” Tri-State Better Business Bureau Seminar, Presenter
• “Warranties in Residential Construction,” Southwestern Indiana Builders Association Continuing Education Seminar, Presenter
• “Legal Issues in New Construction Home Sales,” Evansville Area Board of Realtors Continuing Education Seminar, Presenter
• “Estate Planning for Your Retirement Years,” St. Mary’s Foundation Seminar, Presenter
• “Joint Accounts, TODs and the Need for Estate Planning,” Heritage Federal Credit Union Seminar, Presenter
• “Wills, Trusts and Probate,” Catholic Diocese of Evansville Wisdom Day Seminar, Presenter
• “Estate Planning and Advance Directives,” Old National Bank Northbrook Seminar, Presenter
• “Social Media and the Pitfalls to the College Student,” University of Evansville Student Orientation, Presenter
• “Employer Liability for Texting and Driving,” Evansville Remodelers Council Meeting, Presenter

Professional Affiliations

• Evansville Bar Association: Former President and Board of Directors Member
• Indiana State Bar Association: Construction Law Section, Real Property, Probate and Trust Section
• National Association of Charitable Gift Planners: Member
• Evansville Area Fundraising Council / Partnership for Philanthropic Planning
• Tri-State Better Business Bureau: Legal Counsel (1992 – present); Former President and Board of Directors Member
• Southwestern Indiana Builders Association: Legal Counsel (1996 – present)
• Construction Financial Management Association, Evansville Chapter
• Evansville Estate and Financial Planning Council
• Indiana Licensed Real Estate Instructor

Civic Affiliations

• Indiana University Maurer School of Law Alumni Board:  Member
• Vanderburgh Law Library Foundation: Former President and Board of Directors Member
• Volunteer Lawyer Program of Southwestern Indiana: Former Board of Directors Member
• Girl Scouts of Southwestern Indiana: Legal Counsel (1992 – present)
• A Network of Evansville Women (ANEW): Former President and Director
• Women’s Fund of Vanderburgh County: Former Director and Co-Chair
• Junior League of Evansville: Sustainer Advisory Board; Former President and Board of Directors Member
• Mary’s Hospital for Women and Children: Former Board of Governors Member
• Memorial High School Alumni Association: Former Board of Directors Member
• Evansville Youth Soccer League: Former Volunteer Youth Coach

Representative Transactions

Shannon has been involved in transactions including the following:

• Purchase Motorcycle Dealership
• Sale of Funeral Home
• Purchase of Concrete Company
• Purchase of Golf Course
• Purchase of Farm
• Purchase of Commercial Plumbing Company
• Purchase of Optometry Practice
• Purchase of Entertainment Franchise
• Sale of Exercise Franchise
• Sale of Printing and Promotional Company
• Purchase of Construction Supply Company
• Sale of Remodeling Company
• Sale of Heavy Equipment Company
• Purchase of Retail Business
• Purchase of Residential Real Estate Development
• Sale of Pet Supply Company
• Sale of Home Interiors Business
• Sale of Dental Supply Company
• Sale of Dental Practice
• Purchase of Tool & Die Business