Your father set up a trust for you and your brothers 10 years before he died. Naturally, he chose someone he knew well to be the trustee: his school friend Stanley. The only issue is, Stanley is now 93 years old, and while he is a good, honest man, he is not as...
How can you make a commercial lease more favorable to you?
As a business owner or manager looking for new facilities, you have a lot of considerations that will influence your final decision. The zoning of the area, the facilities available at particular properties and the terms of the lease offered will all influence the...
The beginner’s guide to estate planning
If you have not yet made an estate plan, this short guide can help you understand the basics. Why make an estate plan? It allows you to pass on your assets to the people you want in a tax-efficient way. By defining how you want things to happen, it reduces the risk of...
Protecting the family farm with careful estate planning
Estate planning is the process of making arrangements for your declining health as you age and your eventual death. Proper planning can offer a host of benefits, including ensuring the smooth transfer of your most valuable assets to your loved ones when you die....
Being realistic and prepared in today’s agricultural environment
The global agriculture industry has been up and down for decades, and many South Dakota farmers today know that these are down times. Some economists claim that today’s environment represents the worst of times for farmers and ranchers, struggling as meat processors...
