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...
Month: July 2020
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...
What to know about selling a private business
There are many different issues that private business owners need to consider when determining if they want their companies to be acquired by another organization. The first question that a seller has to answer is whether a buyer's offer represents fair market value...