Using a pour-over will to fund a trust
Knoll Leibel Law Blog
by bkabritsor
3w ago
Creating a trust may help you transfer money and property to loved ones without the hassle of probate, but like any estate planning method, you may have to update your trust with new assets. However, there is the chance you will not get to place more wealth into the trust before your death. If your assets fail to make it into your trust, they will become subject to probate. If you do not have a will, intestate law will dictate who receives your property. Fortunately, a pour-over will could prevent this from happening. How a pour-over will functions Your last will and testament directs your pro ..read more
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How to tell your children about your divorce
Knoll Leibel Law Blog
by bkabritsor
1M ago
Divorce is a challenging and emotional process, especially when the household includes children. One of the toughest parts of divorce is breaking the news to your children and helping them understand and cope with the changes ahead. While there is no easy way to have this conversation, there are steps you can take to handle it with care and sensitivity, helping your children navigate this difficult time as smoothly as possible. Choose the right time and place When it comes to discussing divorce with your children, timing and setting are important. Choose a time when everyone is calm and there ..read more
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What are potential signs you have nerve damage?
Knoll Leibel Law Blog
by bkabritsor
1M ago
Getting hurt in a car wreck does not always produce obvious injuries. Nonetheless, you should recognize when an accident has seriously hurt you, as you might require treatment and even rehabilitation. This can be the case if a collision damaged some of your nerves. Nerve injuries can happen due to almost any kind of serious impact, even a slip and fall. Harm to your nerves can greatly diminish your quality of life. Problems feeling sensations Your sensory nerves transmit sensory information to your brain. This is how you can detect solid surfaces when you touch them. If an injury has damaged o ..read more
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How much negotiation leeway do franchisees have in contracts?
Knoll Leibel Law Blog
by bkabritsor
2M ago
Franchise agreements govern the relationship between franchisors and franchisees. These agreements dictate various aspects of business operations. The contracts may appear rigid. However, franchisees often possess more negotiation leeway than they may think they have. They may be able to tailor certain terms to their advantage. Franchise agreements Franchise agreements in North Dakota often cover areas such as branding, operational procedures, fees and territorial rights. Standardization is common to maintain brand consistency. However, there is often room for negotiation within certain parame ..read more
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How having an employee handbook can help during litigation
Knoll Leibel Law Blog
by bkabritsor
2M ago
Having a comprehensive employee handbook can prove invaluable during business litigation. This document serves as a guide for both employees and employers. Many benefits can come from having a thorough and well-written employee handbook in place. Proof of clear policies and procedures An employee handbook contains detailed policies and procedures covering various aspects of employment. Most employee handbooks address hiring, compensation, benefits, conduct and disciplinary actions. These clear guidelines help ensure consistency in employee treatment. They also provide a basis for addressing di ..read more
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Understanding the emotional roller coaster of divorce
Knoll Leibel Law Blog
by bkabritsor
2M ago
Divorce is a challenging and emotionally overwhelming process for many individuals. Often, the process comes with a number of ups and downs, and emotions can become intense. Those approaching divorce should understand what could lie ahead and identify strategies to handle the emotional side of ending a marriage. Denial and anger The initial stage of divorce often involves denial, where people may struggle to accept that their marriage is coming to an end. It is normal to feel shock, disbelief and a sense of loss during this phase. However, you should remember that divorce is relatively common ..read more
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Why you should include a power of attorney in your will
Knoll Leibel Law Blog
by bkabritsor
3M ago
Crafting a will involves more than just the distribution of assets and belongings. One often overlooked but essential element is the inclusion of a power of attorney. This legal document grants someone you trust the authority to make decisions on your behalf if you become unable to do so yourself. While this may not seem like a priority when you start your estate plan, there are reasons to consider it sooner rather than later. Ensuring the honoring of your wishes The American Bar Association explains that a power of attorney allows you to choose who will act for you while defining their author ..read more
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4 ways to prevent a consumer lawsuit
Knoll Leibel Law Blog
by bkabritsor
4M ago
In the vast landscape of North Dakota, businesses thrive on providing goods and services to consumers. However, with the growth of consumer awareness and regulations, the risk of facing lawsuits has also increased. Luckily, there are ways to prepare for the unexpected. 1. Transparent communication Clear and honest communication is the foundation of a strong business-consumer relationship. Be transparent about your products or services, including pricing, terms and conditions. Avoid misleading statements or false advertising. If there are any changes to your offerings, promptly inform your cust ..read more
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4 reasons to wait until your divorce is final before dating
Knoll Leibel Law Blog
by bkabritsor
4M ago
Divorce can be an emotional time, and grief is common. The idea of moving on and finding a new romantic connection might be tempting. However, there are compelling reasons why individuals should consider waiting until their North Dakota divorce is final before entering the dating scene. 1. Legal implications Dating during the divorce proceedings can have legal implications. North Dakota is a no-fault divorce state, meaning that neither party needs to prove fault to obtain a divorce. However, introducing a new romantic interest during the divorce could complicate matters. For example, it might ..read more
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How can loneliness lead to issues while estate planning?
Knoll Leibel Law Blog
by bkabritsor
5M ago
Loneliness can have a big effect on a person’s mind. In the later years of life, individuals might become close to people who try to take advantage of their loneliness. This exploitation can significantly shape decisions about estate planning, potentially putting at risk the fair distribution of assets and the creation of a lasting legacy. Vulnerability and more isolation Loneliness often comes with being socially isolated. Those who do not have many social interactions might find themselves wanting companionship, making them more open to the suggestions and manipulations of others. This is es ..read more
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