A person may create a South Dakota trust for several reasons. For instance, a person who creates a revocable living trust may do so because it allows him to avoid probate. The parents of minor children may create a trust in their wills, so that if the parents die while their children are still young, the children’s inheritance will be placed in trust until the children are old enough to manage the assets themselves. These are just some of the many reasons for creating a trust in South Dakota.
Why would a person create a trust in South Dakota?
About Swier Law Firm's Estate Planning & Probate Practice Group
- Estate Planning: Wills & Living Trusts
- Legacy Planning
- Family-Owned Businesses & Farms
- Powers of Attorney & Living Wills
- IRA & Retirement Planning
- Asset Protection & Business Planning
- Special Needs Planning
- Trust Administration & Probate
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