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Grounds to remove a trustee in South Dakota

On behalf of The Krause Law Firm, P.C. | Jul 31, 2020 | Trust And Probate Litigation

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...

What exactly is a gun trust?

On behalf of The Krause Law Firm, P.C. | Jan 24, 2020 | Trust And Probate Litigation

While most individuals have heard of trusts, many don't realize how many different types of them exist. You'll want to learn about a gun trust if you have multiple or valuable firearms though.A gun trust is a management trust that can be either irrevocable or...

Fulfilling your loved one’s wishes

On behalf of The Krause Law Firm, P.C. | Oct 21, 2019 | Trust And Probate Litigation

Even if your loved one had a detailed estate plan, it is possible that things could go differently when it comes time to execute strategies. South Dakota has a variety of complex regulations when it comes to putting an estate through probate. There is plenty of room...

Dynasty trusts protect assets for future generations

On behalf of The Krause Law Firm, P.C. | Jul 24, 2019 | Trust And Probate Litigation

Drawing up a will is an essential step for South Dakota residents who wish to protect assets for their family. However, depending on your particular needs, a will alone may not be enough. At , we often assist clients with estate planning,...

The broad utility of trusts for South Dakota individuals, families

On behalf of The Krause Law Firm, P.C. | May 30, 2019 | Trust And Probate Litigation

Families in South Dakota and everywhere else are unique.That is perhaps the foremost point that needs spotlighting in any discussion or overview of the estate planning process. No two families have the same assets, goals linked with asset preservation or lawful tax...

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