Jordan D. Veurink

Associate

veurinkj@ballardspahr.com
Tel 605.978.5219
Fax 605.978.5225
Sioux Falls

Jordan assists clients in all aspects of estate planning, by developing estate plans that minimize estate tax liability, and drafting trusts, wills, and business succession documents to implement such plans. He also represents individuals and corporate fiduciaries in trust administration, probate and guardianship and conservatorship matters.

Families of wealth from across the world seek Jordan's help to take advantage of South Dakota's favorable trust environment. He drafts South Dakota-sitused trusts, including asset protection trusts, intentionally defective grantor trusts, beneficiary defective trusts and various types of foreign grantor and non-grantor trusts. He also helps clients amend, reform, and decant existing trusts.

Jordan assists clients in the formation, management and ownership succession of business entities, and counseling clients in the administration and regarding the tax aspects of such entities. He regularly helps nonprofit organizations become legally organized and obtain tax-exempt status with the IRS.

Representative Matters

  • Assisted numerous clients in forming an irrevocable grantor South Dakota dynasty trust sand created and implemented plans to allow the clients to gift and sell assets to the trusts free of all estate and generation-skipping transfer taxes
  • Drafted a South Dakota beneficiary-defective dynasty trust and developed a plan that allowed the client to sell an operating business to the trust without recognition of tax gain, provided superior asset protection for the business, and froze the value of the business for transfer tax purposes
  • Represented client that owned and operated a high-risk business in the preparation and funding of a South Dakota asset protection trust
  • Represented numerous individuals and fiduciaries in changing the situs of their trusts to South Dakota, as well as facilitating the termination, modification, and decanting of such trusts
  • Assisted numerous small business owners and farmers develop meaningful estate plans to provide for meaningful ownership and management succession and maximization of estate and gift tax exemptions

Professional Activities

American Bar Association, Section of Real Property, Trust and Estate Law, Young Lawyers Division, Vice-Chair

State Bar of South Dakota

Sioux Falls Estate Planning Council

Awards and Recognitions

Named an Associate to Watch by Chambers High Net Worth Guide, 2018 and 2019

ABA Section of Real Property, Trust and Estate Law, Fellow, 2017-2019

Named a Great Plains Rising Star, 2014-2019

State Bar of South Dakota, Young Lawyer of the Year, 2018 

Publications

"Recent Resident Trust Rulings: Can Your Clients' Trusts Avoid State Income Tax?" Probate & Property, January/February 2019

Co-editor, South Dakota Trust Law Deskbook

"Incorporating and Capitalizing S Corporations," Lexis Practice Advisor, 2018

"Shareholder Agreements for S Corporations," Lexis Practice Advisor, 2018

§ 1135, South Dakota Qualified Disposition in Trusts Act, The Law of Trusts and Trustees, G. Bogert, et al, December, 2017 

"Benefits Blown Away: Farmers and Ranchers, Wind Energy Leases, and the Estate Tax," Texas Wesleyan Journal of Real Property Law, Vol. 1, No. 1, January, 2012

Speaking Engagements

"Where Are We Now? The Current State of DINGs, NINGs, SDINGs and other thINGs," ABA Section of Real Property, Trust and Estate Law, August 7, 2018 

"Trusts & Estates 101: Identifying Appropriate Documents for Your Client’s Needs," Young Lawyers Bootcamp, State Bar of South Dakota CLE, March 2, 2018

"Tax Implications of South Dakota Special Spousal Trusts," Tax Update 2017, State Bar of South Dakota CLE, December 8, 2017 

"Estate & Succession Planning 101," Crossroads Summit, Sioux Falls, SD, August, 2017

"Directed Trusts," Trusts and Estates Lunch and Learn Series, Seminar, August, 2017

"Foreign Trusts," Trusts and Estates Lunch and Learn Series, Seminar, May, 2017

"Trustee’s Role in Litigation," Trust and Estates Lunch & Learn Series, Seminar, October, 2016

"Keeping Litigation in South Dakota," Trusts and Estates Lunch & Learn Series, Seminar, April, 2016

"Record-Keeping and Providing Information to Beneficiaries," Trusts and Estates Lunch & Learn Series, Seminar, March, 2016

"Selecting Trustees and Structuring Trustee Powers: Guidance for Estate Planners on Tax and Non-Tax Consequences," Webinar Presenter, Strafford Publications, December, 2015

"Trusts Used For Tax Reduction," Presenter, National Business Institute, May, 2015

"Leveraging Lifetime Gifts for Income Tax Planning/Post Gift Asset Exchanges," Webinar Presenter, Strafford Publications, March, 2015

Community Activities

The Salvation Army Sioux Falls, Advisory Board

Texas A&M University School of Law (J.D. 2012)

Business Editor, Texas Wesleyan Real Property Law Journal

University of Sioux Falls (B.A. 2009)

South Dakota

Minnesota

Wyoming

U.S. District Court for the District of South Dakota