President Biden proposed several changes to current tax law during his campaign. This article will discuss some of those possible changes and how they could have big impacts on your estate planning. Decrease in the Gift and Estate Tax Exemption One proposal includes a decrease in the gift and estate tax exemption. The gift and...Read More

South Dakota enacted the Real Property Transfer on Death Act in 2014.[1] This provided South Dakotans the opportunity to take advantage of another estate planning option, the transfer on death deed. This allows a person to transfer land at their death to a designated beneficiary or beneficiaries while also avoiding the probate process. Probate can...Read More