Many individuals in North Dakota and across the U.S. feel a great deal of discomfort when thinking about estate planning. While no one wants to think about death, failing to properly plan an estate can lead to long-lasting difficulties for surviving family members....
Fargo Legal Issues Blog
Preparing children to inherit
High net worth people in North Dakota need to think about how to prepare their children to inherit someday. There are essentially three steps to this process. The first is to calculate how much they will be getting. The second is to think about how money will affect...
How can you apply for a commercial real estate loan?
For most small business owners in North Dakota, buying real estate can be an important step in growing their business and reaching new customers. Unfortunately, most people don't have hundreds of thousands of dollars on hand, which means they'll have to take out a...
Claiming Social Security benefits following a divorce
A growing number of people in North Dakota are choosing to divorce later in life. These "gray divorces" can lead to complicated financial concerns, especially as people have less time to rebuild their retirement savings in order to plan for the future. Social Security...
Auditing and estate planning: what to keep in mind
Nobody wants to think about a day when they aren't able to manage their own estate. This doesn't necessarily mean death but also other instances such as being disabled due to an accident or mental issues. This is why it is so important to begin auditing your estate...
Finding a lawyer for your business
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...
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...
