Estate Tax Exemption Might Drop Sharply at the End of 2025
- posted: Nov. 30, 2024
If you possess substantial wealth, it is imperative to review your estate plan in light of the fact that the federal estate and gift tax exemption is slated to expire Read More
Dual Wills Trigger Estate Dispute Over South Dakota Property Where T-Rex Fossils Were Found
- posted: Oct. 30, 2024
A landmark South Dakota scientific discovery in 1990 made headlines around the world and brought fortune to a Cheyenne River Reservation family. Sadly, wealth does not always translate to happiness, Read More
Don’t Overlook Licensing Requirements when Forming a Business
- posted: Sep. 30, 2024
Starting a new business in South Dakota comes with all types of expected and unexpected challenges. Along with creating a legal entity and generating the necessary funding needed to launch, Read More
What Constitutes Farm Income in a Chapter 12 Bankruptcy?
- posted: Aug. 30, 2024
Chapter 12 bankruptcy is a specialized bankruptcy option designed for individuals who make their living through family farming or fishing operations. This program provides a pathway for reorganizing debts when Read More
Two Dead as SUV Crashes into Rapid City Apartment Building
- posted: Jul. 30, 2024
Residents of a Rapid City apartment complex were stunned on the night of April 9 when an SUV slammed into their building shortly before 11 p.m. While the Memorial Park Read More
Motorcycle Rider Dies in Yankton County Crash With Tanker Truck
- posted: Jun. 30, 2024
A fatal motorcycle crash in Yankton County highlighted some of the dangers that face bikers on South Dakota roads, particularly when they interact with large trucks. Though the exact cause Read More
“Stand Your Ground” Hearings in Cases Where South Dakotans Claim Self-Defense
- posted: May 30, 2024
Along with the traditional castle doctrine, which allows someone to use deadly force if a dangerous intruder enters their home, South Dakota also has a “stand your ground” law, which Read More
Steps to Take When Forming an LLC in South Dakota
- posted: Apr. 30, 2024
If you're considering starting a business in South Dakota, forming a limited liability company (LLC) could be the right choice for you. LLCs offer several advantages, including protection of an Read More
Tips for Avoiding Mistakes During the Probate Process
- posted: Mar. 30, 2024
Losing a loved one is never easy, and navigating the subsequent legal intricacies can feel overwhelming. Probate, the process of settling a deceased person's estate, can be complex and fraught Read More
The Pros and Cons of Subchapter V Small Business Bankruptcy
- posted: Feb. 28, 2024
Subchapter V bankruptcy, created by the Small Business Reorganization Act (SBRA) in 2019, offers a streamlined and potentially more affordable form of Chapter 11 reorganization for small businesses. However, there Read More
How to Determine Who Gets the Family Pet in a Divorce
- posted: Jan. 30, 2024
When getting a divorce, a question arises amidst dividing furniture and disentangling finances: who keeps the family pet? For most pet owners, their dog, cat or other animal is a Read More
How the Business Structure You Choose Affects Your Tax Liability
- posted: Dec. 30, 2023
A business’ legal structure can significantly affect the owner’s income tax liabilities. With respect to taxes, there are three types of businesses: “Direct taxation,” “pass through” and “double tax.” There Read More
What Damages Are Available in a Breach of Contract Claim?
- posted: Nov. 30, 2023
When a party to a contract does not fulfill their obligations, the other party is usually entitled to collect money damages suffered due to the breach of contract. While the Read More
What Is Informal Probate and What Estates Are Eligible?
- posted: Oct. 30, 2023
Probate is the court-supervised process of validating a deceased person’s (the decedent) will and appointing an executor or administrator to administer the assets of the decedent to the rightful beneficiaries. Read More
The Differences Between a Revocable and Irrevocable Trust
- posted: Sep. 30, 2023
Trusts are incredibly valuable estate planning tool when they are used correctly. They allow you to transfer ownership of your property to a trustee who will manage that property for Read More
How a Qualified Domestic Relations Order (QDRO) Works
- posted: Aug. 30, 2023
Dividing retirement assets is often one of the most contentious parts of a divorce. Retirement benefits are usually substantial assets acquired during the marriage and typically subject to division under Read More
