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Thompson Law

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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When it’s time to sell the family business – including to family – keep tax strategy in mind

March 24, 2021 by Thompson Law

Sell your business – or part of it – to family and avoid taxes. Does it sound like a potential path for you?

Then you’ll want to draw on Andrew Knutson’s expertise at the upcoming annual conference of the Prairie Family Business Association.

Knutson is the owner and managing attorney at Thompson Law PLLC in Sioux Falls. He has focused his practice for the past 12 years in the areas of trusts, estate planning, asset protection and business law.

He serves as co-chair of the business law committee for the State Bar, where he coordinates with other attorneys to draft legislation and educate lawyers on developments in business law. He has been selected as a Rising Star by Super Lawyers every year for the past seven years. On the practical business side, Knutson has owned and operated two successful small businesses with his wife.

Read the full article at fambus.org

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Thompson Law
Founded in 2003, Thompson Law, PLLC is a professionally licensed and accomplished estate planning law firm. We provide comprehensive, tailored estate planning services through the use of living trusts, wills, powers of attorney, living wills, irrevocable trusts, family limited partnerships, and charitable gifting strategies. Thompson Law helps families preserve their wealth for future generations, minimize estate taxes, and avoid the expense of extended probate.
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Latest posts by Thompson Law (see all)
  • Thompson Law marks 20 years helping businesses evolve for the future – including their own - May 23, 2023
  • Thompson Law to speak at ‘Sustaining the Legacy’ Events hosted by SDSU Extension - December 21, 2022
  • Knutson becomes Certified Farm Succession Coordinator - June 27, 2022

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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

Our phone number can also receive text messages!

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