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Steps for Making a Financial Power of Attorney in South Dakota Create the POA Using a Statutory Form, Software, or Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact. ... File a Copy With the Land Records Office.
If you die intestate in South Dakota without a spouse but you have children, then your estate goes to your children in equal shares. If you don't have children, then your entire estate goes to your parents, if they are living. If you don't have surviving parents, then your siblings inherit everything.
The principal must create a written revocation notice. This document should include the principal's name, the agent's name, and the date the original POA was executed. This document must be signed and dated by the principal. The principal should then deliver this revocation notice to the agent.
A personal representative can be a spouse, adult child, a legally-appointed friend or relative, or a trust company named by the decedent in their will or trust (decedent means the person who has died).
Forgery--Felony. Any person who, with intent to defraud, falsely makes, completes, or alters a written instrument of any kind, or passes any forged instrument of any kind is guilty of forgery. Forgery is a Class 5 felony.
To citizens of South Dakota: SDCL 10-45-10 exempts from sales tax the sale of products and services to the following governmental entities. Government entities must provide an exemption certificate to the vendor or the vendor must keep documentation to show the purchase was paid from government funds.
59-12-4. Execution of power of attorney. A power of attorney shall be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney.