In South Dakota, your estate goes into the probate process at one of the 7 Judicial Circuit courts upon your death. Or does it? That depends on what you do in the way of estate planning while you are live. It's very possible a South Dakota estate planning attorney could get your entire estate to pass on out of probate. Now that is something to think about.
This
may not mean much to you, but it could mean a lot to your family, loved
ones and potential heirs. Probate court is a lengthy and possibly
expensive process. There are so many legal ways around it, maybe it's
time you looked into it.
If you do not already have a will,
that's a good place to start. If you make use of some of the probate
avoiding devises like tenancy with right of survivorship, payable upon
death, trusts, retirement accounts and gifting, there may not be much to
put into a will. Matters concerning guardianship of children belong in a
will, and maybe a few other personal effects. Most of your assets,
however, may likely be handled in other ways.
That is all part
of estate planning, preparing your estate to be passed on in the best
possible way for your heirs. Another area you will be discussing with
you estate attorney concerns all aspects of estates and taxes. You should be making sure your estate does not get eaten up with past due taxes or estate taxes.
This site offers advice for all of your financial needs. Our financial planning
page is especially useful because without one, you may never need an
estate plan. The earlier on in life you take responsibility for your
financial decisions the better the quality of life your family will
enjoy.
Hopefully the decision has been made to start your estate planning, if so you may need documents and forms along the way. Before you make the long drive half way across South Dakota for one form try Legal Zoom.
A
South Dakota estate planning attorney should be easy to locate in Rapid
City, Sioux Falls or many places in between. Fill out a form at Legal Match
and let the attorneys respond to you. You have the opportunity to
discuss fees and services online, as well as checking feedback left by
other users. Do all of this before your first in person visit.
We'd love to hear your comments or opinions. Submit them here and other visitors can read them and comment on them. An e-mail address is not required.
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