A common estate-planning question is whether it makes sense to leave inheritances with strings attached. My typical answer is “it depends.” It’s natural to want your legacy to be used wisely, but trying to control from beyond the grave can have...
Watch this video on YouTube After three decades as a financial planner, I’m seeing more and more clients reach, not just retirement, but their final years. An issue that becomes especially important at this stage of life is how to protect your financial...
Watch this video on YouTube The heart of estate planning, for many of us, comes down to one issue: taking care of family. We do our best to make decisions that we hope will be right for surviving spouses and children. Such decisions are especially challenging for...
It appears that South Dakota trust law is even better than I thought. In a response to my previous blog on SD trust law, Tom Simmons, an attorney practicing in Rapid City, SD, explained to me that I missed the latest improvement to SD trusts. Tom explains that in the...
I’ve long extolled the virtues of South Dakota to my friends around the country. Typically my pontificating falls on deaf ears. They visualize South Dakota as being a barren waste land next to the Arctic Circle, void of paved roads, airports, and the...
