Memo on New FinCEN Beneficial Ownership, CIP, AML Rule
News
SDTA Makes Grant to Feeding South Dakota
June 11, 2020 The South Dakota Trust Association (SDTA) has made a $14,500 grant from their “Trust for the Future Fund” held at the South Dakota Community Foundation to Feeding South Dakota. The association members recognized the increased need for food assistance during the pandemic and responded with gifts to assist Feeding South Dakota in …
South Dakota Trust Law Update – 2019 Edition
Beginning July 1, 2019, several new laws affecting South Dakota trust companies and South Dakota trusts will become effective. During my testimony on trust legislation during the 2019 Legislative Session, I likened the process of updating South Dakota’s trust statutes to weeding the garden to keep it healthy and productive.