Mark R. Krogstad (Davenport Evans) - Sioux Falls, SD

Expert Estate and Tax Planning Counsel

Mark R. Krogstad is a distinguished partner at the renowned law firm of Davenport, Evans, Hurwitz and Smith, LLP in Sioux Falls, South Dakota. Specializing in Trusts and Estates, Mark brings a high level of technical expertise to his practice, holding a Master of Laws (LL.M.) in Taxation in addition to his law degree. This advanced qualification allows him to navigate the complex tax implications of estate planning and business succession with precision. Since joining the firm in 2012, he has become a trusted advisor for high-net-worth individuals and business owners looking to secure their financial legacy.

Specialized Practice Areas

Mark Krogstad's practice is laser-focused on wealth preservation and transfer. His primary areas of expertise include:

• Estate Planning: Designing comprehensive plans using wills, revocable living trusts, and powers of attorney to meet client goals.
• Tax Planning: advising on federal estate tax, gift tax, and generation-skipping transfer tax strategies.
• Business Succession: Helping family-owned businesses transition ownership and management to the next generation smoothly.
• Charitable Giving: Structuring philanthropic gifts to maximize tax benefits and community impact.
• Trust Administration: Guiding trustees through their fiduciary duties and the administration of complex trusts.

Part of a Premier Firm

As a partner at Davenport Evans, one of South Dakota's largest and most prestigious law firms, Mark has access to a vast network of legal resources. He is an active member of the Sioux Falls Estate Planning Council and the State Bar of South Dakota. His dual licensure in South Dakota and Minnesota allows him to serve clients with interests across state lines. If you are looking to find a lawyer who combines legal acumen with a deep understanding of tax law, Mark Krogstad offers the sophisticated counsel required for complex estates.

Downtown Sioux Falls Office

Mark practices out of the Davenport Evans office located at 206 W 14th St in downtown Sioux Falls. This historic location is a hub of legal activity and offers a professional setting for discussing sensitive financial matters.