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How to use estate planning to its full potential
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Dec 16, 2020 | Estate Planning
The estate planning steps that you take while alive may make it possible to exert a greater level of control over your assets from the grave. For instance, creating a pour-over will ensures that items held in your South Dakota estate will be put into a trust instead...
What are some common estate planning mistakes?
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Nov 19, 2020 | Estate Planning
Now that you've decided to write your estate plan, you're well on your way to protecting yourself and your loved ones in the event that you die or become incapacitated. However, there are still certain legal issues that might arise if you don't plan your estate...
The importance of estate planning for physicians
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Aug 21, 2020 | Estate Planning
Physicians in South Dakota may want to ensure that they have their estate plans in order. Dying without an estate plan might mean that the state determines what happens to a person's assets, and this can leave loved ones at a disadvantage. For example, an estate could...
Who is an interested party in probate?
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Jun 1, 2020 | Estate Planning
You have likely heard about how time-consuming and costly probate can be in South Dakota. One of the reasons why probate can hold up the distribution of property is because people file a lawsuit. However, not everyone has the right to intervene in court during the...
4 times when you should update your estate plan
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Mar 24, 2020 | Estate Planning
An up-to-date estate plan is as necessary as the estate plan itself. As you prepare for the future, setting up an estate plan is crucial to ensure all your assets are handled after you pass. You can make sure you have a current estate plan with regular updates. With...
Can you co-parent without speaking to each other?
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Nov 27, 2019 | Uncategorized
One of the most difficult aspects of a divorce is trying to determine what will happen to the children. Even though you and your spouse are going through the difficult process of ending your marriage, you may decide that it is best for you to co-parent. This is a type...
If you have a trust, do you still need a will?
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Aug 28, 2019 | Uncategorized
Taking advantage of estate planning tools is wise. It is also wise to remember that many of these tools work best together. As a result, you may want to remember that even though you have used one tool, you may still need other tools to help your plan work as best as...
Your age might place you at higher risk for divorce
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | May 31, 2019 | Uncategorized
In South Dakota and across the country, millennials are getting married later in life and are subsequently getting divorced at lower rates than those in older age groups. If you're age 50 or beyond, you may be one of many spouses who are considering or have taken...
Getting your fair share of marital property
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Mar 5, 2019 | Uncategorized
As an equitable distribution state, South Dakota may seem like the place where you would obtain a fair division of assets during your divorce. Equitable distribution means that the courts split your joint assets and debts, accounting for many factors so that each...
New Year’s resolution: Update your estate plan
On behalf of Christopherson, Anderson, Paulson & Fideler, LLP | Dec 5, 2018 | Uncategorized
Winding down the year, you may be thinking of making resolutions and setting goals for 2019. Instead of the ones you make each year, like losing weight and saving money, perhaps you would like to do more to demonstrate your love for your family. One easy way to do...
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