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...
Estate Planning And Probate
Documents needed in an estate plan
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...
Understanding the tax implications and benefits of trusts
For North Dakota residents who are not familiar with the term probate, probate refers to the process by which a will is reviewed and the assets listed therein are distributed. This process is overseen by a probate court and can take months or even years, and it can...
Getting ready to address estate planning and probate matters
Planning for the future by having a strong estate plan in place is important for every North Dakota adult. Regardless of age, income level and health status, there is significant benefit in addressing estate planning and probate issues as soon as possible. One way to...
Estate planning and probate considerations for college students
Young people are typically not concerned with things such as their long-term health or what will happen if they pass unexpectedly. These are things that many are uncomfortable to think about, but in reality, every North Dakota adult would benefit from giving thought...
Estate planning and probate considerations for the new year
With nearly a month already gone in 2020, not everyone is keeping up with the resolutions they've made for themselves. It's hard to stick to a diet or other types of self-improvement over time. It may not be easy to create and stick to beneficial new habits, but one...
Bad estate planning and probate choices of the rich and famous
Many people in North Dakota believe that wills and other legal protections are only necessary for people who have a significant amount of money or valuable assets they want to protect. Everyone can benefit from thinking about estate planning and probate issues,...
Misconceptions could lead to estate planning and probate problems
When a person thinks about planning for the future with an estate plan, he or she probably thinks that it mainly involves deciding what will happen to personal property after death. While this is a major part of any good estate plan, it is not the only thing a North...
Estate planning and probate for people with serious illnesses
It's not easy to think about end of life decisions and plan for care that a person may need if he or she is ever diagnosed with a serious illness. These are not pleasant things to think about, but in reality, it is helpful to consider the benefits of these kinds of...
Common reservations regarding estate planning and probate
There are many reasons why people may be reluctant to move forward with making plans for the future. Some North Dakota readers may be uncomfortable with the prospect of thinking about their own passing, and others may assume that they don't have enough money or assets...