by dehs | Dec 23, 2021 | Financial Institutions, Recent News
Most South Dakota-based community banking organizations include a bank holding company (BHC), perhaps resulting from when the organization made its first acquisition and needed outside financing to get the deal done. Regardless of why the organization chose to create... 
by dehs | Dec 23, 2021 | Keith A. Gauer, Financial Institutions, Recent News
In October 2021, the OCC released new guidance concerning payment systems. This guidance incorporated new regulations promulgated in December 2020, imposing specific notice requirements on national banks and federal savings associations entering new or modified... 
by dehs | Dec 10, 2021 | Estate Planning, Recent News
The lifetime estate exclusion amount (also sometimes called the estate tax exemption amount, the applicable exclusion amount, or the unified credit amount) has been increased for inflation beginning January 1, 2022. Applicable Exclusion Amount Under the 2010 Tax... 
by dehs | Dec 21, 2021 | Community Involvement, Recent News
Davenport Evans lawyers and staff continued the firm’s annual holiday tradition of volunteering at The Banquet, a feeding ministry, in December. Led by former Banquet Board Chair and Davenport Evans lawyer Eric Schulte, the group of volunteers served at The Banquet’s...