If you have never heard of Swedish death cleaning — or döstädning, as it’s known in Swedish — you may wonder why it would be something that you ought to do. But along with other estate-planning basics like drafting a simple will and appointing a medical and legal...
Fargo Legal Issues Blog
3 tips for drafting more effective business contracts
Businesses of all sizes and purposes rely on contracts to make operations predictable and profitable. Companies sign contracts when they hire new workers, when they need supplies delivered by vendors and when they rent a new commercial space. Contracts help make...
How to choose the right guardian for your aging parents
As your parents age, a critical question may arise: who will care for them if they can no longer manage independently? In some cases, a guardian may be necessary to make important decisions concerning their health, finances and daily living. Choosing the right...
Should entrepreneurs worry about the Corporate Transparency Act?
Starting a new business means taking a lot of risk. People can’t know for sure how the market might respond to a new business endeavor, and rapid changes might render a once-viable concept unprofitable in a matter of weeks, months or years. Entrepreneurs not only need...
Should you consider antemortem (pre-death) probate?
One thing some people dread as they draft their will is that it will be challenged after their death. Families have been known to battle each other in court for any number of reasons. Some believe a decedent neglected to give them an adequate inheritance. They may...
Safeguard your legacy by keeping your will current
Creating a powerful will is about much more than making final arrangements. It also involves giving your loved ones peace of mind during a difficult time in their lives. Of course, the comfort of having your estate matters settled is beneficial, but an outdated,...
What are contract recitals and do you need them?
As a business owner, you probably have agreements governed by legal contracts with businesses, employees or others. Do you ever skim over the introductory paragraphs of your contracts, dismissing them as mere formalities? Those segments, usually starting with...
Saving a family farm from an adult child’s divorce
There are a variety of scenarios that could put a family farm at risk in North Dakota. For example, when agricultural families have multiple bad seasons back-to-back, they might find themselves in a scenario where they struggle to pay their bills and afford the...
Capital gains tax and inherited assets
Inheriting a home from a loved one can be blessing – particularly if you can make it your family home. It’s even better if the mortgage is paid off so that you can own it “free and clear.” Even if you have no interest in living in it or using it as a rental or...
6 common real estate title issues
When you’re buying a new home, you’re about to embark on a whole new chapter of your life – but you can’t get started until all the previous chapters in the home’s story are closed. When there are issues on a property’s title that aren’t fully resolved, both buyers...