Home sales in North Dakota and across the country went up in 2020. For most people, choosing a new home means answering a lot of tough questions. For example, people need to decide whether they want to buy an existing house or buy some land and build the home of their...
Fargo Legal Issues Blog
Signs you need a business dispute attorney in Fargo
Owning and operating your own business is the dream for thousands of entrepreneurs who want to be their own bosses. However, many North Dakota business owners have probably come to the realization that there is a lot of legal work to do to ensure that their businesses...
Waiting periods to get mortgages after bankruptcy
Chapter 7 bankruptcy helps debtors in North Dakota ease the burden of debt by converting assets to cash to repay creditors. At the end of the bankruptcy, the debtor can get a discharge of their remaining debts. However, filing for bankruptcy often impacts credit...
What counts as an anticipatory breach?
You may have heard of the term anticipatory breach before, but it's usually in the context of an incomplete job. However, an anticipatory breach of contract is one that involves the person hired for the job expressing or showing that they will not start on it....
Should you have an estate plan?
While the terms "will" and "estate plan" are often used interchangeably in North Dakota, they actually mean two different things. If you don't have any children and only a few assets to your name, you might only need a will. But if you have children, a large number of...
You cannot hide assets in a divorce proceeding
In a North Dakota divorce, joint assets are divided in an equitable fashion. Joint property may include a home, money in a bank account or a vehicle, and both spouses are required to provide a detailed list of their assets and liabilities during the discovery process....
Estate planning emotional hurdles to consider
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....
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...
