Business owners in North Dakota should know that it's a good idea to have a working relationship with a law firm. A law firm can help an entrepreneur with business formation, contracts and other common issues. In general, a business owner should have a relationship...
Fargo Legal Issues Blog
The importance of making a will
If you're concerned about who will raise your children if you were to die unexpectedly, it is a good idea to create a will. The same is true if you want to retain control over who inherits your North Dakota business or other assets that were accumulated during your...
Legal fees during a will challenge
Contesting a North Dakota will can cost a significant amount of money. Those who are participating in the probate process are likely wondering who pays the legal costs when a will is challenged. The answer is that it depends who is challenging the will and what the...
When can parents get child support modifications?
In North Dakota, child support modifications are not always the easiest thing for a parent to obtain in court. Moreover, there are consequences for seeking a modification and not getting one. Parents will generally need a strong reason if they hope to succeed in...
Estate planning for farmers in North Dakota
Estate planning for a farm for generations to come is more than preserving an individual's wealth and hard work; it also preserves a way of life. There are several ways to help ensure that a farm within a family is not sold as a subdivision or commercial property. The...
LLCs offer tax, liability protections
The statutes of North Dakota allow for the creation of limited liability companies. An LLC is a specific type of business structure that may offer tax and liability advantages to its owners. The owners of an LLC are referred to as members. In most states, there are no...
What an executor does in an estate plan
People in North Dakota who are named as executors under a will have a number of duties they must carry out after the testator dies, but they can make the job easier by doing a few things while the individual is still alive. They should get a copy of the will and note...
Estate planning may help to protect assets
When people in North Dakota plan for the future, they may be concerned about how to best protect their assets and ensure that they reach their intended beneficiaries. Especially in times of economic crisis, bankruptcies and financial disputes that proceed to court can...
The different methods of acquiring commercial real estate
If your company is looking to expand, it may be a good idea to buy or lease dedicated office or warehouse space. Take a look at some of the best reasons to purchase commercial space in North Dakota as well as some of the benefits of leasing space instead. The benefits...
3 ways to fund your first real estate investment
Getting into real estate investing can be rewarding for the person involved. But real estate investing takes money. With that said, here are three ways individuals in North Dakota can fund their first real estate investment. Conventional loans are the most common type...
