Category: South Dakota
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South Dakota Allows “Transfer on Death” for Mineral Rights
Most states have adopted transfer on death deeds. In South Dakota, this option was established in 2014. South Dakota’s transfer on death deed form is a useful tool. It allows deed holders to give children or other beneficiaries a specific property without the complications of making them current owners. Real estate includes both surface rights…
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Deed Holders “Turn Complaints Into Paperwork” After County Hikes Property Taxes
Deed holders in Davison County, South Dakota get a tax bill for each parcel they own. Many property owners were startled by their latest tax bills. In previous years, parcels of land were combined, giving their owners a lower overall tax assessment. Unwilling to pony up the money for the higher taxes, some are choosing…
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Transferring a Decedent’s Real Property in South Dakota
What happens to your assets when you die? Depending on how your property is titled, they become part of your estate, and are subject to administration in probate. Probate is the legal process of settling a decedent’s estate and distributing assets to those designated to receive them, whether through devise by will or by laws…
