South Dakota Statutes
§ 55-17-3 — Classification of property--Interest of each spouse.
Spouses may classify all or any of their property as special spousal property by transferring property to a South Dakota special spousal trust established pursuant to this chapter, and by expressly declaring in the trust that the property is community property. Unless there is a specific provision in the governing instrument stating otherwise, each spouse's respective interest in the special spousal property is fifty percent.
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South Dakota § 55-17-3 (Classification of property--Interest of each spouse.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2016, ch 231, § 31; SL 2018, ch 275, § 29.
Nearby Sections
15
§ 55-1-2
Trusts classified.§ 55-1-20
Trusts for noncharitable purposes.§ 55-1-21.1
Termination of trust for care of animal.§ 55-1-21.11
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