ESTATE PLANNING SERVICES IN SOUTH DAKOTA

Step 1: Orientation

During orientation we help you get organized.  Before your navigation meeting we will provided you with an Asset Inventory.  This spreadsheet is designed to help you get orientated for the navigation meeting.  It captures more than just details about real and personal property.  It allows you to think through your family values, goals, fears, concerns or worries.  By completing this exercise beforehand, we are able to better prioritize our time together and discuss the concerns most relevant to you and your loved ones. Now you are ready for your navigation meeting with us. 

Step 2: Navigation

During the Navigation Meeting we will help you gain understanding.  For this meeting we set aside two hours.  It does not always take that long, but this way we have plenty of time to provide education about the following topics:

• Intestate probate procedure

• The benefits of utilizing a Last Will and Testament in probate,

• The benefits of revocable living trusts to avoid probate,

• The importance of protecting yourself during life with powers of attorney,

• Protecting your legacy from unintended disinheritance,

• Providing for future generation with third party asset protection trusts.

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Step 3: Execution

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​Your personalized estate plan will be drafted and put inside a binder for your safe keeping. Once complete, our office will contact you to pick up your estate plan.

Under South Dakota Law, testamentary documents are effective only if validly executed.  If testamentary documents meet certain statutory requirements, they are presumed valid.  This can reduce the likelihood that the authenticity of your documents will be challenged in a court of law.  All documents Compass Rose Law Firm drafts meet these statutory requirements.  We also provide disinterested witness and notary services.

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Step 4: Maintenance

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Since life is everchanging, your plan will need to be reviewed regularly and systematically in order to keep maintenance of asset ownership, beneficiary designations, and designated agents as essential to the success of your plan as the documents themselves.  Ensuring this is done properly can be a daunting task for many clients.  We provide these additional long term maintenance services to ensure your plan is effective when you need it most. Our office will contact you via mail, phone and/or email when it is time to review your estate plan. We will provide you with a checklist of typical changes to look for beforehand so that you can prioritize your time with us.