Effective July 1, 2026, German Law in Grand Forks, ND merged with Thompson Law in Sioux Falls, SD. Going forward, both offices will be under the Thompson Law name and continue to serve their clients and communities with excellence.
Blog - Page 11 of 32 - Thompson Law, PLLC

Thompson Law, PLLC

Estate & Business Planning Attorneys in Sioux Falls, South Dakota

Sioux Falls

605-362-9100

Grand Forks

701-738-0060
Estate Planning Attorneys Licensed in South Dakota, North Dakota, Minnesota, Iowa, and Nebraska

Blog

Bridging the Past and Future

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The best Estate Planners stay current on the latest trends. The American Academy of Estate Planning Attorneys held its semi-annual conference providing education on selected topics designed to inspire excellence in its Members. Read on to learn more about the unique experience at the Fall Summit 2024 Conference. … [Read more...] about Bridging the Past and Future

Pumpkin Kisses and Harvest Wishes

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As the spooky season transitions into the season of Thanksgiving, it’s important to remember our why. Most of us do what we do for our families and loved ones. As the holiday season approaches, do something that will have a lasting impact on your family. Create a comprehensive Estate Plan. Make sure that you take the time to consult a qualified Estate Planning attorney who can provide advice regarding all the elements necessary to complete your plan. Read on to learn more. … [Read more...] about Pumpkin Kisses and Harvest Wishes

Comprehensive Guide to Trust Administration in Minnesota

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Administering a trust is an important responsibility that requires a thorough understanding of both the legal and practical aspects involved. If you have been appointed as a Trustee in Minnesota for the first time, it is crucial to be well-prepared for the role. It is always best to work closely with an experienced attorney to ensure that you avoid making costly errors. To get you prepared, the attorneys at Thompson Law offer a comprehensive guide to trust administration in … [Read more...] about Comprehensive Guide to Trust Administration in Minnesota

A Message from the Murdochs

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Art often imitates life and the latest drama surrounding Rupert Murdoch demonstrates that. Most of the time, when an individual creates an irrevocable trust, they part with dominion and control over the assets, and it is difficult to change the terms. Not long ago, Rupert Murdoch filed a petition in Nevada probate court to change the terms of an irrevocable trust that was originally created in 1999. Read on to learn more. … [Read more...] about A Message from the Murdochs

The Not-So Transparent Corporate Transparency Act

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Estate Planning attorneys need to understand multiple issues ranging from taxes to asset protection to create a comprehensive estate plan. Passage of the Corporate Transparency Act adds yet another layer to the already complex world of Estate Planning. Beginning on January 1, 2024, any company that qualifies as a Reporting Company needs to file a report with the Financial Crimes Enforcement Network (FinCEN) regarding its Beneficial Owners and individuals who helped register the Reporting … [Read more...] about The Not-So Transparent Corporate Transparency Act

The Importance of Having an Estate Plan

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We all know that we should create an Estate Plan, yet so many of us procrastinate in undertaking such an important task. Creating an Estate Plan represents a simple, yet effective way to provide comfort and stability to your family upon your death by ensuring that your assets pass in the way that you want to whom you want. Unfortunately, so many encounter a tragedy or crisis before prioritizing their Estate Plan, sometimes it is too late. As headlines often remind us, even those with significant … [Read more...] about The Importance of Having an Estate Plan

Navigating the North Dakota Probate Process: A Comprehensive Guide

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Dealing with the loss of a loved one is an emotionally taxing experience, and the added responsibility of managing their estate can make an already difficult time even more challenging. For those going through this experience, the North Dakota probate process can seem daunting. Understanding the process is an essential step and this guide aims to demystify the entire probate process for you, providing a step-by-step approach to help you navigate these complex procedures with greater ease and … [Read more...] about Navigating the North Dakota Probate Process: A Comprehensive Guide

Courts Allowing More Flexible Trust Amendments

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As much as I enjoy writing about celebrity Estate Planning gone wrong, and less often, right, occasionally, a court opinion catches my attention. That’s particularly true when the decision will have lasting implications for Estate Planning. This blog returns to the basic lessons about amending a Trust. In an increasingly litigious world, disgruntled beneficiaries feel emboldened to fight for what they think is theirs. It doesn’t always work out in their favor, especially when they base their … [Read more...] about Courts Allowing More Flexible Trust Amendments