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The role of the executor of the estate is a huge responsibility. The executor is responsible for fulfilling the testator’s last wishes after they pass away and settling their estate. However, being the executor of someone's estate is not always easy. Failing to...
Entering a commercial real estate lease requires a significant financial commitment. You want to make sure the lease agreement treats you as fairly as it treats the landlord. If it does not, your business could end up bleeding money for little to no value in return....
There are many scenarios in which an individual living elsewhere may have to take responsibility for the estate of someone who died in North Dakota. The surviving family members or chosen personal representative of the individual who died may not live in North Dakota...
An employee handbook helps create a clear and consistent work environment by outlining company policies, procedures and expectations. As such, keeping this document up-to-date is critical to your business interests. An outdated employee handbook can lead to...
Taking the time to create a comprehensive estate plan is commendable. Considering your final wishes, advanced directives, distribution of your assets and naming a power of attorney takes a good deal of planning. However, a common mistake many people make is putting...
Rent-back clauses are very common in real estate contracts. They provide the seller with maximum flexibility when it comes to their actual “move out” date, which can be invaluable when the seller is struggling to juggle a second closing date or find a new home....
Family farms tend to pass from one generation to the next. In some families, entire groups of siblings may work on one farm together and help maintain the property for the entire family. More than one person likely relies on a family farm as a source of income, but...
You may have a good business idea, but you know that you need to take out loans to get the business off the ground. You simply don’t have enough startup cash yourself. You could try to start the business on the side and build it up over time, but you may want to move...
Many small mistakes can happen during the will planning process -- and that can cause you to die "intestate." Intestate means that there is no valid will, so assets are managed by the state. The state will name a representative who is responsible for managing the...
Do you own property with another person (or several other people)? Are you finding it increasingly difficult or outright impossible to agree on what to do with the real estate? You’re not alone. That’s why partition actions are needed. A partition action is a legal...
