As of January 1, 2024, the federal Corporate Transparency Act (CTA) has been in effect, marking a significant change in how business entities in the United States manage their reporting obligations. Passed by Congress on January 1, 2021, the CTA introduces a...
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North Dakota Trust Law: Beneficiaries’ Ability to Remove and Replace Trustees
North Dakota Trust Law: Beneficiaries’ Ability to Remove and Replace Trustees For many individuals, trusts can serve an essential role in their estate plan. Trusts can provide numerous benefits, such as avoiding or minimizing probate, managing assets effectively, and...
Pore Space – What is it and why its a booming topic in ND
Leveraging the Benefits of Pore Space Law in North Dakota In our nation, North Dakota has become a hub for the energy industry, particularly in oil and gas production. However, recent legislation and court cases have introduced a new dimension to the property rights...
