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Thompson Law, PLLC

Estate & Business Planning Attorneys in Sioux Falls, South Dakota

605-362-9100
Estate Planning Attorneys Licensed in Iowa, Minnesota, Nebraska and South Dakota
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Fair Isn’t Always Equal and Vice Versa

November 1, 2020 by Academy of Estate Planning Attorneys

When deciding how to split your assets among your children at death, there are many different factors to consider. Equality is certainly one of those factors. But it’s not the only factor. Fair doesn’t always mean equal and vice versa. Here are some situations in which some parents might think an equal division isn’t necessarily the fairest result: One of the children has greater need due to no fault of their own. One of the children has won the lottery and has much, much more money … [Read more...] about Fair Isn’t Always Equal and Vice Versa

Filed Under: Legal Education, Estate Planning Tagged With: beneficiaries, children, unequal

Leaving Assets Can Be Tricky

August 6, 2020 by Academy of Estate Planning Attorneys

Leaving Assets Can Be Tricky – Part 3

Maybe you grew up without much. You worked hard. You earned a good education. You succeeded in life even though the streets weren’t paved with gold where you grew up. Maybe you even grew up in a very impoverished, oppressed community. Now you (and your spouse if you’re married) have accumulated enough so you’re comfortable. Maybe you’re not a billionaire, but you feel like you’ve achieved a reasonable level of material success. After your death, you’d like to provide for your loved ones so they … [Read more...] about Leaving Assets Can Be Tricky

Filed Under: Legal Education, Estate Planning Tagged With: Estate Planning, distribution, children, icarceration

Leaving Assets Can Be Tricky – Part 3

August 19, 2020 by Academy of Estate Planning Attorneys

Leaving Assets Can Be Tricky – Part 3

Maybe you grew up without much. You worked hard. You earned a good education. You succeeded in life even though the streets weren’t paved with gold where you grew up. In fact, maybe you grew up in a very impoverished, oppressed community. Now you (and your spouse if you’re married) have accumulated enough so you’re comfortable. Maybe you’re not a billionaire, but you feel like you’ve achieved a reasonable level of material success. After your death, you’d like to provide for your loved ones so … [Read more...] about Leaving Assets Can Be Tricky – Part 3

Filed Under: Legal Education, Estate Planning Tagged With: Estate Planning, distribution, special needs, children

Leaving Assets Can Be Tricky – Part 2

August 11, 2020 by Academy of Estate Planning Attorneys

Leaving Assets Can Be Tricky – Part 3

Maybe you grew up without much. You worked hard. You earned a good education. You succeeded in life even though the streets weren’t paved with gold where you grew up. In fact, maybe you grew up in a very impoverished, oppressed community. Now you (and your spouse if you’re married) have accumulated enough so you’re comfortable. Maybe you’re not a billionaire, but you feel like you’ve achieved a reasonable level of material success. After your death, you’d like to provide for your loved ones so … [Read more...] about Leaving Assets Can Be Tricky – Part 2

Filed Under: Legal Education, Estate Planning Tagged With: Estate Planning, distribution, children, incarceration

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Thompson Law, PLLC

Thompson Law, PLLC.
5027 S. Western Avenue
Sioux Falls, SD 57108
Phone: 605-362-9100
Fax: (605) 362-9101

Office Hours

Monday8:30 AM - 5:00 PM
Tuesday8:30 AM - 5:00 PM
Wednesday8:30 AM - 5:00 PM
Thursday8:30 AM - 5:00 PM
Friday8:30 AM - 12:00 PM

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