When making a will, you are probably aware that you need to appoint an executor, otherwise referred to as a personal representative. They will be responsible for administering your estate when you are gone and implementing your last wishes as specified by the will. It...
Fargo Legal Issues Blog
What can a cohabitation agreement do for you?
Maybe you and your significant other have decided to take the next step in your relationship and move in together. You may have no plans to marry. Perhaps you and your partner have been living together for a while. You’ve decided you like this arrangement and see no...
What amounts to an illegal eviction?
You may have a tenant you want out of your property for various reasons, like defaulting on rent or violating terms of the lease agreement. However, you must follow the law during the eviction of a tenant even when you have valid grounds for wanting them out. It is...
Protecting your small business from unfair competition
As a small business owner, you know the risks involved in the corporate world. You’ve entered a market with some larger rivals who have much greater resources. However, where they can’t compete with you is in the quality of service and products you offer. In...
Is it worth it to fight for the house in your divorce?
With the possible exception of retirement accounts and family businesses, real property is usually the most expensive marital asset that couples have to handle in North Dakota divorces. You may have spent years saving up enough money for a down payment and more than a...
3 grounds upon which your trust can be contested
Trust is a powerful estate planning tool if you want to avoid probate and safeguard your loved one’s future. However, for a trust to serve its intended purpose, it must be valid. A trust, like any other legal document, can be contested by your dependents, or anyone,...
Why would you give away assets prior to passing away?
One of the main goals of estate planning is simply to decide what happens to your financial assets after you pass away. You want to make sure that your heirs and other beneficiaries know who is supposed to get which assets. However, you have the option to give...
Can you reduce the cost of probate?
When you pass on, your assets will be distributed to your loved ones as per your will. However, if you die without one, then your estate will be distributed according to North Dakota intestacy laws. This formal process of administering the decedent’s estate and...
3 tips for making custody work as a working parent
As a divorcing parent, you might want to dedicate all your time to your child to help them through the changes. The reality is that you probably need to spend a considerable amount of time working. Running a household alone can be costly, and you may even need to work...
Is it time to review your estate plan?
There is no specific timeline that you have to follow when deciding if it’s time to review your estate plan, but if it has been several years or you’ve just gone through a major life change, then now may be the time to do so. Your estate plan protects you and the...