Chad Anderson Law Firm

Even with sacrifice and struggle, climbing out of debt can be difficult. Experiencing a job loss or downturn in the economy or a specific field can make the task impossible.

While attempting to redistribute debts to support your family or run your business, bills can pile up. Creditors will continue to harass you, and you can face severe consequences, such as the foreclosure of your home.We offer strategic advocacy and counsel to help individuals, families and businesses get out of debt through bankruptcy solutions.

If you are struggling to make ends meet and feel overwhelmed by creditors or the looming possibility of foreclosure, we can help you seek the fresh start you need to achieve financial independence. Email or call for a free consultation with an experienced Bankruptcy attorney in North Dakota.

The best estate plans are created by focusing on people not just property. In its most basic terms estate planning is how your affairs will be managed in the event you are not around, either because of your death or incapacity. 

No one wants to think about their mortality but do you honestly want to leave your loved ones to sort out your affairs without your input? Worse yet, if you do not create your own estate plan the State will create one for you.

Advance Health Care Directives

Advance health care directives are written instructions that tell others how you want your health care managed when you are not able to do so yourself. Advance health care directives generally include: 1.Appointment of Health Care Representative. You appoint someone to make health care decisions for you in the event you are unable to do so yourself.

Living Will

You state how you want your end of life medical care handled Anatomical Donations. You give instruction should you decide to donate any of your body parts upon your death.

Power of Attorney

A durable power of attorney allows you to appoint someone to manage your assets if you become incapacitated. The person you appoint can have broad powers to act but should at a minimum have the following powers:

Manage and transfer your assets

Create or amend trusts on your behalf

Pay taxes and deal with the IRS

Make gifts

Last Will

A last will is a written document that states who you wish to be the guardians for your minor children and how you would like your assets distributed at your death. The last will names an executor to facilitate the management of your will during the probate process. If you die without a valid will (known as dying intestate) your assets will be divided up according to State statute.

Trusts

Trusts are a legal construct that allows you to create a separate legal entity to hold your assets. A trustee is named who manages the assets for the benefit of you and your beneficiaries. Revocable living trusts are created and funded during your lifetime and you often name yourself as trustee to maintain control of the assets until your death or incapacity. A testamentary trust is created after your death by a provision in your will. Trusts are very flexible and there are many different types. The type of trust used is dependent on your specific goals and circumstances.

Probate

Probate is the public process of filing and validating a will in court. The probate process allows claimants to come forward and ask for payment of debts owed by the estate. The probate court will oversee the distribution of the assets in the estate either according to the terms of a valid will or under North Dakota law if there is no will. Some assets avoid probate including:

Life insurance and annuity contracts with a valid beneficiary designation

Valid gifts made prior to death

Assets held in joint tenancy with rights of survivorship

Retirement plans and IRA’s with valid beneficiaries

Assets held in living trusts

A Contract should always accompany the purchase or sale of real property in the State of North Dakota. The Contract entered into by the Buyer and Seller forms the basis of the fundamental agreement between the parties. Chad Anderson Law Firm can assist you in drafting, reviewing, negotiating, and enforcing the provisions of your Contract.

Mr. Anderson has experience representing either side, the Purchaser or the Seller, from the formation of the Contract to the Closing. This includes many Sellers in “For Sale by Owner” transactions and numerous Buyers who do not utilize a real estate agent or broker.

Chad Anderson Law Firm approaches each negotiation and dispute with a commitment to represent your interests effectively, efficiently, and economically. When you retain the services of Chad Anderson Law Firm, you will deal directly with Mr. Anderson. This one-on-one relationship assures your concerns will be heard and understood. Each matter is carefully analyzed to determine how best to maximize your upside and minimize your cost and exposure.

Listed below are some of the services offered for Residential Contract purchasers and sellers:

1. Drafting the Purchase Agreement and related documents;
2. Reviewing the Purchase Agreement and related documents;
3. Negotiating the terms of the Purchase Agreement;
4. Representing the Seller at Closing;
5. Representing the Buyer at Closing;
6. Enforcing a valid and binding Real Estate Contract;
7. Terminating a Real Estate Contract;
8. Disputes over the Earnest Money; and
9. Reviewing the Closing documents from the Lender, Title Company and HOA.