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Swier Law Firm FAQ

 

Have questions? We have answers! Our South Dakota attorneys answer the questions they hear most often from clients just like you.

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  • How do I update my Will in South Dakota?

    In South Dakota, there are two primary ways to update your Will:

    (1) You can properly execute a new Will that revokes any prior Will, or

    (2) You can properly execute a Codicil to the Will. (A Codicil is a separate document that adds to and/or replaces one or more provisions in an existing Will).
     

  • What are the 14 main duties of a Personal Representative in South Dakota?

    In South Dakota, the 14 main duties of a Personal Representative are:

    (1) determine if there are any probate assets;

    (2) find, gather, and inventory the deceased's assets;

    (3) collect monies owed (including income, unpaid salary, and vacation pay);

    (4) establish an estate checking account;

    (5) determine who is going to receive what and how much under the Will;

    (6) place a value on the estate's assets;

    (7) publish legal notice to the estate's potential creditors;

    (8) review the validity of all claims against the estate;

    (9) pay funeral bills, debts, and valid claims;

    (10) pay the estate's administrative expenses;

    (11) complete paperwork, such as canceling utilities and charge cards;

    (12) file and pay income and estate taxes;

    (13) distribute the remaining property according to the instructions provided in the deceased's Will; and

    (14) complete the probate.
     

  • Where are probate proceedings handled in South Dakota?

    In South Dakota, probate usually occurs in the county where the deceased resided at the time of his or her death.
     

  • Why is Probate Necessary in South Dakota?

    In South Dakota, the main purpose of probate is to transfer the decedent's property to his heirs and beneficiaries. If there is no property to transfer, there is usually no need for probate.

    Probate is also used to (1) collect taxes resulting from the deceased's death; (2) pay any outstanding debts; and (3) set a deadline for creditors to file claims.

  • What is the role of a Personal Representative in South Dakota?

    In South Dakota, the Personal Representative (also known as the Executor) is the person named in a will who is "in charge" of the probate process.

  • What is Probate in South Dakota?

    In South Dakota, when a person dies, his Last Will & Testament goes through the probate process. Probate is simply the process by which a Last Willl & Testament is determined to be the person's final dispositive statement and confirms the appointment of the individual or institution that has been named to administer the estate.

    The term probate is also used in the larger sense of probating an estate. Under this scenario, probate is the process in which assets are gathered, debts (including taxes and administrative expenses) are paid, and the remaining assets are distributed to the Will's designated beneficiaries.
     

  • What is the purpose of the South Dakota Parenting Guidelines?

    The South Dakota Parenting Guidelines' "Preamble" states:

    A powerful cause of stress, suffering, and maladjustment in children of

    divorce or separation is not simply the divorce or separation itself, but rather the

    continuing conflict between their parents before, during, and after the divorce and/or

    separation. To minimize harm to their children, parents should agree on a

    parenting arrangement that is most conducive to the children having frequent and

    meaningful contact with both parents, with as little conflict as possible. When

    parental maturity, personality, and communication skills are adequate, the ideal

    arrangement is reasonable time with the noncustodial parent upon reasonable

    notice, since that provides the greatest flexibility. The next best arrangement is a

    detailed parenting agreement made by the parents to fit their particular needs and,

    more importantly, the needs of their children. It is recommended that an annual

    calendar be prepared so that the parents and the children are aware of the

    parenting schedule. If the parents are unable to agree on their own Parenting Plan,

    however, these Guidelines become mandatory and will be used as their Parenting

    Plan. SDCL 25-4A-10, 25-4A-11. In the event a parent’s time with the children

    becomes an issue in court, the judge will set whatever Parenting Plan best meets

    the needs of the children.

  • Does South Dakota recognize common-law marriage?

    No. In South Dakota, you must obtain a marriage license and enter into a legal marriage in order to be considered married.

    Living together and taking the same name don't create a common-law marriage.

  • In South Dakota, what is a beneficiary-controlled trust?

    In South Dakota, a beneficiary-controlled trust can provide future beneficiaries with access to both their inheritance and protection from future creditors. A beneficiary-controlled trust can accomplish all of the following:

    • Reduce or eliminate federal transfer taxes (gift tax, estate tax, generation skipping tax)
    • Keep family assets in the family
    • Protect assets from various creditors (lawsuits, tax liens, divorce, etc.)
    • Permit retention of control over the management of assets
    • Permit you to dictate the eventual beneficiaries of the assets
    • Allow for the retention of flexibility if circumstances or goals change