A will is an important legal document that specifies how an individual wants to allocate their property and assets once they pass away. Although a will does not inherently expire, its validity can be impacted by different life events. In this blog, we will share three...
If you do not have a will in South Dakota, you die intestate. The courts handle your estate and distribute assets according to state intestacy laws. In other words, you do not have control over who gets what property after your death. Distributing your estate...
Most people do not want the responsibility that comes with estate administration. Still, families may come to resent the perceived authority that a personal representative has or may question whether their actions were truly in the best interests of the estate’s...
Tenants and landlords both have to take risks when executing new leases. Tenants have to commit themselves to regular payments despite the possibility of losing a job or other financial challenges. They have to accept limitations on their use of the property and the...
Heirs or beneficiaries who expect to inherit from an estate often can't wait for probate proceedings to end. The personal representative overseeing estate administration likely needs to delay the distribution of high-value resources until they have a clear view of the...
Planning your estate is an essential part of life because it gives you a sense of certainty about the future. Some key elements that individuals leverage when putting their affairs in order are wills and trusts. You might wonder if you should establish a will and a...
Guardianships are often only a topic of discussion after someone's condition declines significantly. Family members and professional caregivers don't usually seek out guardianships over nothing. Instead, they take action when they have reason to worry that someone...
A comprehensive estate plan can – among other things – help your loved ones to handle your affairs according to your wishes after you pass away. Estate planning can serve as a way that you can make your wishes known to them in a manner that can be upheld by the...
A person who’s purchasing a home in South Dakota expects sellers to disclose known issues with the homes that they’re selling. This enables the buyer to make an informed decision. Yet, the purpose of these disclosures isn’t limited to empowering a buyer to make an...
As people usher in the new year, it is natural to reflect on the past and contemplate resolutions for the future. While estate planning might not be at the top of your list of exciting things to do, taking a moment to review and update your estate plan is a crucial...