by dehs | Nov 22, 2022 | FAQ, Financial Institutions, Recent News
The Federal Bank Secrecy Act is aimed at preventing money laundering and the financing of terrorism or other criminal activity, and suspicious activity reporting is a key component of the BSA framework. A bank’s failure to file suspicious activity reports or its... 
by dehs | Nov 7, 2022 | Community Involvement, Litigation, Recent News
The 2022 South Dakota Defense Lawyers Association (SDDLA) Awards were held November 3. The SDDLA Associate Lawyer Award (Rising Star) was awarded to Ashley Brost, of Davenport, Evans, Hurwitz & Smith, LLP in Sioux Falls. The SDDLA Associate Lawyer Award (Rising... 
by dehs | Oct 31, 2022 | Financial Institutions, Recent News
Banks are creatures of limited powers under both state and federal law and are tightly constrained when it comes to the types of investments they may hold. Those constraints apply to both debt securities a bank may hold for investment, and also equity securities,... 
by dehs | Oct 19, 2022 | Estate Planning, FAQ, 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, 2023. Applicable Exclusion Amount Under the 2010 Tax... 
by dehs | Oct 4, 2022 | Litigation, Recent News
On October 3, Davenport Evans litigation attorney Kurt Wm. Kingler was admitted to practice in the United States District Court, District of South Dakota. Kingler was sworn in by The Honorable Karen E. Schreier, United States District Judge for the District of South... 
by dehs | Oct 4, 2022 | Community Involvement, Estate Planning, Recent News
On November 10, Davenport Evans alumna Ashley G. Blake will be presented the 2021 South Dakota Young Lawyer of the Year Award on behalf of the South Dakota State Bar Association. The award will be presented at the 2nd Circuit Young Lawyer Section Fall Mixer and...