The Treasury Department and the Internal Revenue Service (IRS) have issued final regulations...
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Trusts, estate planning and probate can be confusing. That’s why our team is experienced in business, elder law and estate planning – so you don’t have to be. We follow the latest trends and legal updates to help clients plan ahead and protect what’s important. Read more on our blog, then contact us for options or advice on your needs.
The Treasury Department and the Internal Revenue Service (IRS) have issued final regulations...
A free and secure online account can be used to manage Social Security benefits. Account users can...
The Minnesota Supreme Court ruled that an intestate transfer of a family farm violated a contract...
A federal court in Texas blocked a forthcoming ban on non-compete agreements that was scheduled to...
The period following the death of a loved one can be a tumultous time. Dealing with death and...
Experts define twice exceptional learners as students with one or more disabilities who also...
This year, Dakotafest will take place Tuesday, Aug. 20 through Thursday, Aug. 22. This annual event...
Many people believe estate plans are only for extremely wealthy families who are looking to reap...
Leaving home for college or starting a new chapter in life is an exciting and transformative...
Success in business requires planning, commitment, and a strategic approach. Many new businesses...
Social Security programs like Social Security Disability Insurance (SSDI) and Supplemental Security...
Life insurance ensures your loved ones have cash funds immediately available. Often, the passing of...
Bobbi Thury spoke with Radio Show Host Scott Hennen this week about what attendees can expect from...
In Connelly V. United States (U.S. No. 23-146, June 6, 2024), the Supreme Court holds that a...
Managing romantic relationships in the workplace requires careful consideration to maintain a...
Estate planning for blended families is key to a smooth inheritance process. Probate rules and...
Don't miss an opportunity to hear how you can protect your farm and family and ensure your legacy...
At-will means that an employer can terminate an employee at any time, for any reason, without legal...
In the complex and frequently changing landscape of health care in the United States, Medicaid...
The Supreme Court of Nebraska holds that a trust showed clear intent for the decedent’s estate to...
Often an aging parent will lose their ability to think clearly or make informed decisions about...
A Will, technically known as a Last Will and Testament, is one the most fundamental components of...
With a new commissioner at the helm, the Social Security Administration (SSA) has been announcing...
Discrimination in the workplace refers to unfair or prejudicial treatment of employees based on...
Tens of millions of Baby Boomers in the United States are growing older and living longer. It seems...
Creating an estate plan involves selecting people to receive your money, property, or other items...
An operating entity is a business that is actively engaged in offering products or performing...
Probate is the legal process of formally recognizing a will after a person dies, naming or...
Patents are valuable intellectual property but do not go on forever. The duration is going to be...
Have you heard the terms “special” needs trust and “supplemental” needs trust and wondered what the...
"Since 2021, elder scams have increased by over 400 percent, leading to a loss of $1.2 billion in...
If you are a homeowner who is falling behind on your real estate taxes, you may end up facing...
Using beneficiary designations in your estate plan is a smart move with several advantages. When...
An operating agreement is an agreement between the owners of an LLC that sets forth the structure,...
Amid recent reports from such prominent news outlets as The New York Times and Associated Press...
It is generally a good practice to review the employee handbook with employees. The handbook is a...
Graduates, congratulations on your incredible achievement! As you embark on this exciting new...
Inventors and businesses need to evaluate if they need patent protection for their core products...
Joint bank accounts serve as a useful estate planning tool for passing money to loved ones outside...
Through 2045, Baby Boomers will pass down assets worth roughly $84 trillion to Gen Z, Millennials,...
How can you safeguard your hard-earned assets from the unforeseen expenses of elder care? We've got...
The Federal Trade Commission (FTC) has issued a sweeping new rule that fundamentally alters the...
Workplace safety policies are a set of guidelines and procedures established by employers to create...
An operating agreement is an agreement between the owners of a LLC (limited liability company) that...
Mental illness affects one in five adults in the United States, the National Institute of Mental...
When it comes to finding the best state for your business or Limited Liability Company, South...
The AICPA and over 50 state CPA societies have written to the Treasury secretary and the director...
Selecting a guardian for your children is one of the most crucial decisions when crafting your ...
Intellectual property rights have significant implications for individuals, businesses, and society...
For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of...
The number of employees can have a significant impact on the application of various employment...
The most common types of partnerships are general partnerships, limited partnerships (LPs), limited...
While you may be in an industry or hobby where you are generating intellectual property, it is not...
Estate planning is essential for securing your financial future and ensuring your wishes are...
Protected leave laws are regulations that provide eligible employees with the right to take time...
Creating a Will is a crucial step for individuals with minor children, as it provides a legal...
Individuals with special needs may have a developmental disorder, such as autism, ADHD, or...
You've probably heard the term Intellectual Property (IP) before, but what does it mean, and why...
With many online services offering to set up your business at a discounted price, why should you...
Take advantage of the increased lifetime gift tax and estate tax exclusions. The IRS has increased...
On January 25, 2024, the Financial Crimes Enforcement Network published its final rule to reflect...
Sioux Falls has introduced a set of requirements for residential rental owners, effective January...
A power of attorney is a legal document that grants someone you trust the authority to act on your...
Probate and trust administration are two distinct processes involved in managing an individual's...
The Los Angeles Times recently reported that Jay Leno filed for conservatorship for his wife Mavis,...
One of the more challenging tasks of creating a special needs trust (SNT) is choosing who will...
The Corporate Transparency Act (CTA) has new federal reporting requirements that affects most small...
The New York Times/KFF Health News analysis of Health and Retirement Study data from 2000 to 2021...
The frequency with which you should review your employee handbook depends on various factors,...
In today’s busy world, stress and burn out are on the rise. More and more hard-working Americans...
Most people who make New Year’s resolutions focus on their health, weight or fitness goals. But are...
If you’re interested in creating an estate plan, you probably don’t want a large chunk of your...
Establishing an elder law power of attorney is often a crucial step for seniors, and their...
WalletHub recently released its list on the 10 best states to retire in. Do you know that...
Depending on the type of side hustle you are operating, you may need an LLC in order to help...
A will is a legal document that: 1) names the beneficiaries of an estate, and 2) nominates a person...
Many marketing executives will tell you that the name doesn’t sell itself, and beyond their...
Estate planning is the process of arranging for the management and distribution of a person's...
Beginning November 1, 2023, all employers must use the recently revised Form I-9. The I-9 form is...
What does it mean to decant a trust? Decanting a trust refers to the legal process of modifying the...
The length of time it takes to complete the probate process in South Dakota can vary depending on...
You should update your will whenever there is a significant change in your life circumstances or...
South Dakota is one of the most popular states in the United States for creating trusts, and for...
Joint tenancy is a form of ownership where upon the death of one of the owners the other owner...
One of the many hats a small business owner wears is that of Human Resource Manager: recruitment,...
In today’s fast-paced world, it seems that most of us are short on time and looking to streamline...
A living will and a will are two distinct legal documents that serve different purposes:
Probate is the legal process of administering a deceased person’s estate. In South Dakota, the...
Many retired couples often face this common question: how do I pass on the family home? To some,...
Employers should be aware of two new federal laws effective in 2023: the Pregnant Workers Fairness...
By 2060, it is predicted that the U.S. population over age 65 will double and those over age 85...
A will is a legal document that outlines your wishes for how your assets and...
Even though there is news that Summit Carbon Solutions has filed eminent domain lawsuits against...
An employee handbook can be a valuable communication resource for both the employer and the...
Many couples do not have to worry about estate taxes since the federal estate tax exemptions are so...
Lisa Marie Presley died suddenly at the age of 54 after suffering a heart attack. Lisa Marie...
Usually if you own a trademark for your product, the more popular the better. This is why you get...
Federal “Know Your Rights” Poster. Employers with at least 15 employees are required to post the...
Often after a loved one passes away, the family is left to determine whether a probate is...
Over the next 20 years, it is estimated that as much as $70 trillion will be passing from the baby...
A Limited Liability Company (LLC) has become the entity of choice for many start-up businesses...
New business ventures have a lot of challenges and entrepreneurs need to responsibly plan on the...
529 education plans were originally designed as college saving plans that offered certain tax...
Allowable employee contributions to 401(k) 403(b), and 457(b) plans has increased to $22,500 for...
A will is a written document that disposes of real and personal property after...
Have you ever noticed the above symbols and wondered what they meant?
A lot of people wonder how to qualify for Medicaid and may even mistakenly...
With many online services offering to set up your business...
Are you in the 99% of Americans who don’t have to worry about estate taxes? In 2023, you can pass...
According to a new survey released by research firm Gallup, employee engagement in the U.S. saw its...
An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles....
Although there is considerable legal information and misinformation, it is generally understood...
Social isolation, whether because of a pandemic or because an elderly person is alone, is a leading...
Planning for the death of a spouse is difficult and painful. It involves conversations that we...
Most people don’t need a living trust because probate is simple where they live. But can having a ...
Is there a Certificate of Deposit for a husband and wife where if one passes away, the CD is not...
Many Americans are feeling charitable these days, and with good reasons. It’s a hard time for many,...
If you’re helping an aging parent navigate Medicaid because they don’t have long-term care...
Some people are concerned that the conservative 6-3 majority on the Supreme Court will roll back...
On January 1, 2021, Congress passed the National Defense Authorization Act for Fiscal Year 2021,...
A cost-saving change in Medicare launched in the final days of the Trump administration will cut...
When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big...
If you’ve been thinking about making large gifts to take advantage of the $12.06M lifetime federal...
A trust of any kind if a document that expresses your wishes while you are alive and after you have...
When you work with Legacy Law Firm, you're working with a passionate team of expert advisors.