Sandin Law Blog

Helpful articles in estate and business planning.
The numbers are in! What the 2023 IRS tax inflation adjustments mean for your estate

This week on October 18, 2022, the IRS announced IR-2022-182, which provides the tax inflation adjustments for the 2023 tax year. The federal government annually makes adjustments such as these to cushion taxpayers from the economically crippling effects of inflation. According to the most recent inflation update, the US annual

The Basics of Business Valuation

If you own a business, chances are that your business represents more than the sum of its line items to you.  It is a personal or family legacy; a testament to something you’ve spent a good chunk of your waking hours building.  Still, a variety of circumstances can trigger the

Farm Succession Planning: 3 Major Mistakes To Avoid

Farm succession planning, like planning for the succession of any business, is extremely important in the success of the farming operation continuing with the next generation.  However, when considering the transfer of the family farm, here are three things to avoid: 1.  Failing to Make A Plan Farmers may procrastinate

2022 Federal Tax Update: What You Need to Know

Important Tax Notice for Clients In September of 2021, Congress introduced a spending bill to fund President Biden’s Build Back Better Act.  The plan, in its original form, proposed several robust changes to federal tax law, including reductions in the gift, estate, and generation-skipping transfer tax exemptions, changes in the

Sandin Law Adds 2 New Attorneys to Fargo Office

Our firm as recently hired attorneys, Justin Rose and Ellie Steffes, to join our growing team! Justin joins our firm specializing in civil litigation.  He assists individuals and organizations across a wide variety of industries.  Justin’s experience includes advising clients and litigating actions concerning trust and probate disputes, partnership and

How We Are Continuing to Serve Your Needs

The escalating COVID-19 pandemic has many of us thinking about the health and wellness of our families. Fortunately, most people are taking responsible measures to slow the spread and minimize the impact the virus has on their health and the health of those around them. We should all be doing

The SECURE Act and How it Impacts You

Effective January 1, 2020, The Setting Every Community Up for Retirement Enhancement (SECURE) Act has been one of the most significant changes to retirement security in over 13 years. It puts into place numerous provisions affecting employers and employees all across the county. With this Act comes with its share