Lawyers Serving North Dakota And Minnesota
Since 1939
In 2021, Congress enacted the Corporate Transparency Act. This law creates a beneficial ownership information reporting requirement to combat money laundering, tax evasion, and other illicit financial activities. Failure to comply with the reporting requirements...
Part of completing your estate plan includes appointing a personal representative of your estate. The person in this role is responsible for the management of your estate upon your death. Your personal representative handles notifications to creditors, settlement of...
Many people nowadays take on contract jobs on the side of their regular employment to supplement their income. However, many need to realize the tax implications of working as a W-2 employee and also hustling to complete contract work. Familiarizing yourself with the...
Whether you have many or no assets, having an estate plan is important because it ensures the carrying out of your wishes. You can include a variety of documents in your plan, but trusts are an excellent place to start. Different types of trusts You can choose one or...
If you have an estate plan, you have taken a giant step in the right direction to protect your assets and provide for future generations. However, as life's circumstances ebb and flow, so should your plan. Here are four situations that may warrant an update to your...
There are many ways to set up a new business. For example, you can start a sole proprietorship, corporation, limited liability company, or partnership. The structure you choose has a lot to do with the type of enterprise you open and what resources you have to work...
Creating an estate plan is not for the elderly and infirm. If you wait until you desperately need an estate plan, you are too late. Once you accumulate any amount of assets, estate planning should be a priority. This is especially true for parents. Parents who do not...
You want a say about what happens to your personal property and assets after you die. By creating a will and an estate plan, you can control who receives the assets in your estate following your death. According to the American Bar Association, estate planning...
No matter your age, health, or wealth, you should consider the benefits of having a comprehensive estate plan in place. An estate plan is a collection of documents that can include a will, trust, healthcare directive, and various powers of attorney. When taken...
AM1100 THE FLAG Year-end evaluations and preparing for 2022. Tyler Leverington – Corporate Attorney at Ohnstad Twichell Law Firm Chad Flanagan – Partner-in-Charge of Business Valuation at Eide Bailly Dan Staller – Market President at Starion Bank Tom McDougall –...
