<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 55-17-14 - Unenforceable trusts. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2073022Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2073022SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073022CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2073022Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2073022DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2073022Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2073022Normal-000002 { margin-left: 1.14in; text-indent: -0.44in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2073022Normal-000003 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2073022000004 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2073022SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073022SCL-000005 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2073022Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-17-14"><span class="s2073022SENU">55-17-14</span></a><span xml:space="preserve" class="s2073022SENU">. </span><span class="s2073022CL">Unenforceable trusts.</span></p><p dir="ltr" class="s2073022Normal-000000"><span class="s2073022DefaultParagraphFont">A South Dakota special spousal trust executed during marriage is not enforceable if the spouse against whom enforcement is sought proves that:</span></p><p dir="ltr" class="s2073022Normal-000001"><span class="s2073022DefaultParagraphFont">(1)    The trust was unconscionable when made;</span></p><p dir="ltr" class="s2073022Normal-000001"><span class="s2073022DefaultParagraphFont">(2)    The spouse against whom enforcement is sought did not execute the South Dakota special spousal trust agreement voluntarily; or</span></p><p dir="ltr" class="s2073022Normal-000001"><span class="s2073022DefaultParagraphFont">(3)    Before execution of the South Dakota special spousal trust agreement, the spouse against whom enforcement is sought:</span></p><p dir="ltr" class="s2073022Normal-000002"><span class="s2073022DefaultParagraphFont">(a)    Was not given a fair and reasonable disclosure of the property and financial obligations of the other spouse;</span></p><p dir="ltr" class="s2073022Normal-000002"><span class="s2073022DefaultParagraphFont">(b)    Did not voluntarily sign a written waiver expressly waiving right to disclosure of the property and financial obligations of the other spouse beyond the disclosure provided; and</span></p><p dir="ltr" class="s2073022Normal-000002"><span class="s2073022DefaultParagraphFont">(c)    Did not have notice of the property or financial obligations of the other spouse.</span></p><p dir="ltr" class="s2073022Normal-000003"><span class="s2073022DefaultParagraphFont">Whether a South Dakota special spousal trust is unconscionable is determined by a court as a matter of law.</span></p><p dir="ltr" class="s2073022Normal"><span xml:space="preserve" class="s2073022000004"> </span></p><p dir="ltr" class="s2073022Normal"><span class="s2073022SCL">Source:</span><span xml:space="preserve" class="s2073022SCL-000005"> SL 2016, ch 231, § 42.</span></p></div></body></html>