Thinking about relocating for tax advantages? Changing your domicile involves much more than updating paperwork. This article explains how courts evaluate residency for tax purposes, using a recent case to show why maintaining connections to your former state can undermine your efforts. Learn the factors that matter most and how proper planning can help establish a new domicile while avoiding unexpected tax consequences.

South Dakota’s nationally recognized trust laws offer unique advantages for wealth preservation, including perpetual trusts, directed trust structures, enhanced privacy protections, asset protection strategies, state tax benefits, and flexible trust modification options. These features make South Dakota a leading jurisdiction for multigenerational estate planning and trust administration.

What happens to your estate if you don’t leave a will? In South Dakota, default rules decide who inherits—and it might not be who you expect. Taking a few steps now can ensure your legacy reflects your wishes and protects the people and causes you care about most. Estate planning is simpler than you think—and its impact lasts a lifetime.

Creating a will is an important step, but common mistakes can lead to unintended consequences. Learn how to avoid costly estate planning errors and better protect your loved ones.

What are digital assets and what role do they play in estate planning?

The thought of speaking with your parents about important and often sensitive topics like their finances and estate planning probably makes you want to run as fast as you can in the opposite direction. Nonetheless, having this conversation is the key to ensuring that your parents are able to live their golden years without financial worries and that their wishes are carried out after their death.

Starting a business is exciting, but protecting it is just as important. One often-overlooked safeguard is the operating agreement — your company’s legal playbook. It sets the rules for decision-making, ownership changes, and daily operations, helping to prevent disputes and protect members from personal liability. Whether you’re launching a multi-member LLC or running a single-member company, an operating agreement is key to long-term success.

Life changes—your estate plan should too. Attorney Gabrielle J. Kauk shares six signs it might be time to update your plan, from major life events to changes in assets, relationships, or simply the passage of time.

The Supreme Court's ruling in Connelly v. United States affects how life insurance proceeds are valued for estate tax purposes in corporate buy-out structures. Learn how this decision may impact your business’s estate planning and life insurance strategies.