Estate Planning And Probate

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...

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....

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...

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...

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...

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...

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...

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...

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...

People in North Dakota who are creating an estate plan may want to consider several different types of documents. Most people need a last will and testament, which can appoint an executor for the estate and guardians for any minor children. A will can also be used to...