Article on South Dakota’s Trust Laws & Business Entity Statutes

Patrick G. Goetzinger recently published an Article entitled, A Dynamic Duo: South Dakota’s Trust Laws & Business Entity Statutes, 61 S.D. L. Rev. 339 (2016). Provided below is an abstract of the Article:

There are several reasons for the robust growth of South Dakota’s trust industry. Not to be overlooked as a catalyst for that growth are South Dakota’s much heralded business entity statutes. Pairing a South Dakota limited liability company or limited partnership with a South Dakota trust provides families with a dynamic duo that achieves a multitude of planning objectives. This article will survey South Dakota’s entity choices and generally discuss opportunities to pair South Dakota entities and trusts.