Real estate holdings are often the most valuable assets people have. Especially when you make your living off of the land as a farmer or rancher, your North Dakota property represents not just ongoing financial investments but also your future financial stability. No...
Fargo Legal Issues Blog
5 things to consider in a business contract
However tiny your business, it pays to put contracts in place early. As soon as you start working with other people, your company’s success depends on them. For example, you open a small store selling coffee and cakes and take on a part-time employee to help on...
Does your estate plan help protect your biggest assets?
Different people create estate plans for very different reasons. If you have children, naming a guardian might be your biggest concern. If you own a business, naming your successor might be your main focus. One reason people update or create an estate plan is to...
What is rehabilitative alimony in North Dakota?
You gave up your career to support your spouse’s career instead, and that generally meant taking care of the home, the kids, the pets and all the mundane details of life. You never minded the sacrifices you made -- until now. Now, your spouse wants a divorce and...
Simple co-parenting tips for divorced parents
There is no doubt that divorce impacts children in multiple ways. Unlike parents who made the decision to end their marriage, kids who are caught up in the middle of a divorce usually feel like their world has just been turned upside down. Co-parenting is a deliberate...
Reaching a fair settlement on rental property in divorce
Many couples own a piece of rental property or two. They may rent it to full-time tenants or to vacationers. Either way, it can be a nice source of extra income. If you and your spouse are divorcing, however, determining what to do with that property can be a source...
How do you protect your earnest money when buying a home?
Buying a home is a complicated process. Even when you know immediately that a home is the right property for your family, it will still likely be a few weeks at the very least before you will close on the property and take possession. Many real estate transactions...
Discussing your impending divorce with your children
While it may be tough for adults in North Dakota to process all the varied emotions that arise when they get divorced, it’s even more arduous for their kids. Young children can’t always fathom what is going on, even when it’s explained to them patiently and...
What roles do taxes play in estate administration?
Handling someone's estate as an executor means finalizing all of their personal matters. You need to collect, secure and inventory their property. You will have to file paperwork with the probate courts. You have to pay off their debts, and then you will be able to...
What documents should you include in your estate plan?
An estate plan isn't just a boilerplate document that you've downloaded from the internet for yourself. Instead, it is a collection of documents and instructions that protect you if you having a medical emergency and that protect your wishes if you die. You will need...
