North Dakota

  Estate Planning Law Firms.
HOME ABOUT US FAQ'S RESOURCES CONTACT US FREE CASE REVIEW
August 24, 2010
Estate-Planning
             
 
Selecting a financial planner for your financing is a very important decision. Please enter your information below to locate a qualified financial planner in your area
 
Zip Code:   
 

Welcome to North Dakota Estate Planning Law Firms.com

 


 
Did You Know?    
 
 
A "Living Trust" can be used to hold legal title to and provide a mechanism to manage your property
You can select the person or persons you want -- often even yourself -- as the Trustee(s) to carry out the instructions you want in the Trust and name one or more Successor Trustees to take over if you cannot. Unlike a Will, a Trust usually becomes effective immediately, continues in force during your lifetime even in the event of your incapacity, and continues after your death. Most Trusts are "revocable" which allows the person who creates the Trust to make future changes, modifications and even to terminate it.

 



In North Dakota if you die without a will, your family could be in for more than they bargained for. You sons and daughters could be left fighting over their share of your estate. If you are located in another region of the country contact one of our estate planning attorneys nationwide. Don’t make them go through that hassle; contact our North Dakota Estate Planning Lawyer to help get your affairs in order.

Click here for your free legal evaluation.

 
Estate Tax Returns Filed in 2001: Gross    
 
 
[1] Gross estate is shown at the value used to determine estate tax liability. The value could be determined as of the decedent's date of death or 6 months thereafter (i.e., alternate valuation method).[2] Includes U.S. territories, U.S. citizens domiciled abroad, and a small number of returns for whom State of residence was unknown.[All figures are estimates based on samples--money amounts are in thousands of dollars] in North Dakota
Gross estate tax purposes 184
Gross estate tax Amount 236,505
Total allowable deductions Number 184
Total allowable deductions Amount 94,603
State death tax credit Number 134
State death tax credit Amount 3,595
Net estate tax Number 127
Net estate tax Amount 7,861

Source: Internal Revenue Service, Statistics of Income Division, Unpublished Data, April 2003.
 

Our North Dakota Estate Planning Attorneys can help you decide how best to transfer property, and how to resolve other personal matters including tax planning. Estate-planning lawyers can also help you with the most important part of the estate planning process: Making a will.

If you don’t have a will, the state of North Dakota will control who gets your property by default. While most states have their own unique laws descent and property distribution, most states give your children priority when it comes to doling our your possessions.

State laws are modeled after what the legislature thinks most people will want to do, but whatever the laws say might not be in line with your wishes. An estate-planning lawyer can help you draft a will that explains your wishes in great detail.

Our North Dakota Estate Planning Attorneys can also help you set up a trust. A trust holds your property until your death and then disperses the property according to your wishes. Trusts can can be created by your will, or the can be revocable or irrevocable.

Most parents use trusts to better prepare for their children’s needs at the time of their death.

Issues and topics related to North Dakota Estate Planning include:

  • Wills and Trusts
  • Uniform Probate Code
  • Gift Tax
  • Asset Protection
  • Personal Finances
  • Pensions

Contact our North Dakota Estate Planning attorney now to receive a professional consultation.

 
North Dakota Audio & Video    
 
  Pensions and the Future of Savings
Audio, RM, 44 Kbps, 8:46, 11/17/2004

Pension plans were once considered a good bet for a comfortable retirement -- but these days it can all seem like a gamble. Major companies are defaulting on their pensions, and it's not clear who's going to pick up the tab. We discuss the future of pensions.
Source: National Public Radio
 
 
North Dakota External Sites    
 
 

President Participates in Social Security Conversation
The Governor told me -- he said, you come over here to North Dakota, ... It's going to make for some very interesting estate planning in 2010, ..
Freeman, Russell Fuller
... the areas of business planning, business organizations, and estate planning, ... Ambassador Freeman was born in Fargo, North Dakota on October 25

 


  Newsroom  
 


Latest news about Financial & Estate Planning in North Dakota and nationwide:

KPMG to Pay $456 Million for Criminal Violations
IR-2005-83, Aug. 29, 2005

WASHINGTON — KPMG LLP (KPMG) has admitted to criminal wrongdoing and agreed to pay $456 million in fines, restitu...

Read more >


Egyptian Man Pleads Guilty To Alien Smuggling Charges
WASHINGTON—An Egyptian man has pleaded guilty to smuggling nearly 100 individuals from Middle Eastern countries into the United States, Assistant A...
Read more >


Study Shows Progress of Women and People of Color Among Legal Professionals
WASHINGTON - A new study by the U.S. Equal Employment Opportunity Commission (EEOC) entitled "Diversity in Law Firms" reveals that women now compri...
Read more >


More Estate Planning News >

 
 

Estate Planning Terms

 


Today's Terms

Grantor

Definition:
The person who sets up or creates the trust; also called a Settlor, Trust Creator, Trust Maker, or Trustor.

Decedent

Definition:
A person who has died.

Domicile

Definition:
A person's permanent legal residence. While a person may have more than one residence, he or she can have only one domicile. Typically, the domicile is the same place you use for purposes of voter registration.

More Estate Planning Terms >

 

Estate Planning Resources

 


Search Estate Planning resources in our resource center:

More Resources >

Estate Planning Hot Topics

 
Topics Related to Estate Planning:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax

More Estate Planning Topics >

North Dakota Estate-Planning Attorney

 
If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

  • Bismarck
  • Dickinson
  • Fargo
  • Grand Forks
  • Jamestown
  • Mandan
  • Minot
  • Wahpeton
  • West Fargo
  • Williston
 


Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on North Dakota Estate Planning Law Firms.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

Local Professional? Generate new business today
Call 866-227-9356 or contact a sales rep


This site is part of the LawFirms.com Network
©2010 ExpertHub, wholly owned subsidiary of MoxyMedia, Inc.