White, SD asked in Estate Planning for South Dakota

Q: Man's net worth is 375,000 and he resides in SD. Dies, no will, left wife & 2 minor children& 25yr old child w/ diff mom

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1 Lawyer Answer
Kenneth V Zichi
Kenneth V Zichi
Answered
  • Estate Planning Lawyer
  • Fowlerville, MI

A: Still potentially too complex to state for sure. Does his net worth include assets in joint name or with beneficiaries, etc.

http://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&Statute=29A-2

will answer your question, but you're going to have to dig deeper than a qanda forum on the internet can provide and ultimately you need to hire an attorney to get a specific answer!

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