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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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Reasons an Estate Plan Could Be Challenged: Part 4 – Lack of Testamentary Capacity

March 25, 2020 by Academy of Estate Planning Attorneys

Part 4 – Lack of Testamentary Capacity

Estate Planning is essential for many reasons, which are set forth in prior articles. Links to these articles are set forth at the end of this article. This series focuses on how an Estate Plan could be challenged. This series shows the importance of doing Estate Planning in the right way. The first article in this series focused on formalities. The second article in the series examined undue influence. The third article in the series looked at fraud. This article will focus on testamentary … [Read more...] about Reasons an Estate Plan Could Be Challenged: Part 4 – Lack of Testamentary Capacity

Filed Under: Legal Education, Estate Planning Tagged With: estate planning, trust, will, invalid

Reasons an Estate Plan Could Be Challenged: Part 3 – Fraud

March 18, 2020 by Academy of Estate Planning Attorneys

Part 3 – Fraud

This week we're sharing a blog from the office of Mike Wakshull, a forensic document examiner. Blog Author: Mike Wakshull, MS, CQE, CISA, PMP You see an unfamiliar signature on a will or trust that was allegedly signed by a deceased relative. You suspect the signature on a trust or will is not legitimate. There are steps you can take before engaging the expense of hiring a forensic document examiner to determine whether the signature is legitimate. Many people’s signatures change over … [Read more...] about Reasons an Estate Plan Could Be Challenged: Part 3 – Fraud

Filed Under: Legal Education, Estate Planning Tagged With: estate planning, trust, will, fraud

Reasons an Estate Plan Could Be Challenged: Part 2 – Undue Influence

March 11, 2020 by Academy of Estate Planning Attorneys

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Estate Planning is critical to making sure your wishes are carried out. This series focuses on how an Estate Plan could be challenged. This series will show the importance of doing Estate Planning in the right way. The first article in the series looked at formal requirements. This second article focuses on undue influence. Undue influence consists of someone taking unfair advantage of another, especially when they hold real or apparent authority over them. An example of this is a caregiver … [Read more...] about Reasons an Estate Plan Could Be Challenged: Part 2 – Undue Influence

Filed Under: Legal Education, Estate Planning Tagged With: estate planning, trust, will, undue influence

Reasons an Estate Plan Could Be Challenged: Part 1 – Formal Requirements

March 4, 2020 by Academy of Estate Planning Attorneys

Picture2

Estate Planning is essential for many reasons, which are set forth in prior articles. Links to these articles are set forth at the end of this article. This series will focus on how an Estate Plan could be challenged. This series will show the importance of doing Estate Planning in the right way. This article will focus on the formalities of an Estate Plan. Different documents in an Estate Plan have different requirements and those requirements vary from state to state. Typically, for any … [Read more...] about Reasons an Estate Plan Could Be Challenged: Part 1 – Formal Requirements

Filed Under: Legal Education, Estate Planning Tagged With: estate planning, trust, will, invalid

The Questions of Estate Planning, Part 6: Why

January 22, 2020 by Academy of Estate Planning Attorneys

Estate Planning is often misunderstood. People often think it’s only for the really rich, the really old, or both. But the truth is Estate Planning is appropriate for all of us. Any of us could have a tragedy strike, even early in life. And it’s not just our death that Estate Planning considers, it’s also for our incapacity. Estate Planning can provide sophisticated solutions for those with substantial means and complex needs. But, perhaps most importantly, Estate Planning also appoints those … [Read more...] about The Questions of Estate Planning, Part 6: Why

Filed Under: Legal Education, Estate Planning Tagged With: trust, incapacity, will, estate planning

The Questions of Estate Planning, Part 5: How

January 8, 2020 by Academy of Estate Planning Attorneys

Estate Planning is often misunderstood. People often think it’s only for the really rich, the really old, or both. But the truth is Estate Planning is appropriate for all of us. One of the most frequent points of misunderstanding is that we focus on “who” we want to receive our assets, rather than “how” they should receive them. For some beneficiaries, an outright distribution might be appropriate. However, ask yourself if one of your beneficiaries might be like the beneficiaries … [Read more...] about The Questions of Estate Planning, Part 5: How

Filed Under: Legal Education, Estate Planning Tagged With: estate planning, trust, incapacity, will

The Questions of Estate Planning, Part 4: Where

January 3, 2020 by Academy of Estate Planning Attorneys

Estate Planning is often misunderstood. Questions often arise regarding “where.” First, where should you go to do your Estate Planning? The answer is simple, an attorney who focuses their practice in Estate Planning (or the related areas of Estate Planning, Elder Law, and Taxation). Estate Planning is far too intricate to rely on a general practitioner. You certainly don’t want to rely on an attorney who does multiple practice areas like patent law, corporate law, and personal injury … [Read more...] about The Questions of Estate Planning, Part 4: Where

Filed Under: Legal Education, Estate Planning Tagged With: estate planning, trust, will, estate planning attorney, move, where

The Questions of Estate Planning, Part 3: When

December 18, 2019 by Academy of Estate Planning Attorneys

Estate Planning is often misunderstood. People often think it’s only for the really rich, the really old, or both. But the truth is Estate Planning is appropriate for all of us. Any of us could have a tragedy strike, even early in life. And it’s not just our death that Estate Planning considers, it’s also for our incapacity. Estate Planning can provide sophisticated solutions for those with substantial means and complex needs. But, perhaps most importantly, Estate Planning also appoints those … [Read more...] about The Questions of Estate Planning, Part 3: When

Filed Under: Legal Education, Estate Planning Tagged With: estate planning, trust, incapacity, will

The Questions of Estate Planning, Part 2 – What

December 10, 2019 by Academy of Estate Planning Attorneys

Estate Planning is often misunderstood. Some people think it only involves preparing a simple Will. Some think it only involves preparing a Will or a trust. How hard could that be? But it entails so much more than that. It involves coordinating all the various aspects of a person’s assets so they achieve the goals of the person. Typically, this involves a Will and / or a trust. But it also involves coordinating beneficiary designations on life insurance, IRAs, retirement plans, etc. It also … [Read more...] about The Questions of Estate Planning, Part 2 – What

Filed Under: Legal Education, Estate Planning Tagged With: will, questions, estate planning, trust

The Questions of Estate Planning, Part I: Who

December 4, 2019 by Academy of Estate Planning Attorneys

People often have questions on Estate Planning - like,  “who” should do Estate Planning? Estate Planning considers many factors. But when most people think of Estate Planning, they just think it answers the question of who gets what. Certainly, it should answer that question. But it is so much more. While Estate Planning is about more than just who gets what, it does include that question. If your plan did not include directions as to who should get what, you would have died “intestate.” … [Read more...] about The Questions of Estate Planning, Part I: Who

Filed Under: Legal Education, Estate Planning Tagged With: trust, will, questions, estate planning

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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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