Terry N. Prendergast
Davenport, Evans, Hurwitz & Smith, LLP
Terry Prendergast is a South Dakota trusts and estates and trust company attorney at Davenport, Evans, Hurwitz & Smith, LLP. Terry joined the firm in 2017 with a prestigious career of nearly 40 years practicing law in Sioux Falls. Interacting with counsel and clients across the country and the world, Terry extols the virtues of South Dakota’s top-in-the-nation trust laws, flexible procedures and low tax environment, stating, “To open up people’s eyes to one of the best kept secrets in business—that South Dakota has a flexible, advantageous and responsive environment for business, estate and wealth planning, gives me great satisfaction.”
Terry’s professional background:
*Provided legal counsel to hundreds of trust clients with trusts containing assets ranging from a few thousand dollars to over $5 billion.
*Worked with trust company clients with over $180 billion of assets under management in South Dakota.
*Worked on transactions ranging from $5,000 to $300 million dollars.
*Served as special counsel for multiple institutes of higher education in South Dakota, and as hearing examiner for the South Dakota Board of Regents.
*Served as special counsel for the formation of three public captive insurance companies for the State of South Dakota, its agencies, and various authorities for the State of South Dakota.
*Served on Governor’s Task Force on Trust Administration Review and Reform, 2010-2018.
*Past Bar Commissioner, Past Chair, Law School Committee and Continuing Legal Education Committee, State Bar of South Dakota.
*Past Member, USD Law School Foundation.
Terry has received an AV Preeminent® Peer Review Rating by Martindale-Hubbell®, has been selected to Best Lawyers® in the areas of Trusts and Estates and has also been ranked by Chambers High Net Worth Guide and Chambers and Partners in the area of Corporate/Commercial law and Private Wealth law.
- Estate Planning
- Guardianship & Conservatorship Estate Administration, Health Care Directives, Trusts, Wills
- Real Estate Law
- Commercial Real Estate, Condominiums, Easements, Eminent Domain, Homeowners Association, Land Use & Zoning, Mortgages, Neighbor Disputes, Residential Real Estate, Water Law
- Business Law
- Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
- Trust Companies
- Insurance Regulatory Law
- South Dakota
- State Bar of South Dakota
- ID Number: 1397
-
- 8th Circuit
-
- U.S. Supreme Court
-
- Of Counsel
- Davenport, Evans, Hurwitz & Smith, LLP
- - Current
- Redstone Law Firm LLP (formerly Murphy, Goldammer & Prendergast)
- -
- Boyce, Murphy, McDowell & Greenfield
- -
- Law Clerk to Honorable Fred J. Nichol, Chief Judge
- U.S. District Court of South Dakota
- -
- University of South Dakota School of Law
- J.D. (1978)
- Honors: with highest honors
-
- University of South Dakota
- MBA (1978)
-
- Augustana College
- B.A. (1975)
- Honors: with honors
-
- State Bar of South Dakota # 1397
- Member
- Current
-
- Governor's Task Force on Trust Administration Review and Reform
- -
-
- Trust Law Roundup: “South Dakota: Legislative, judicial and executive developments”
- Trusts & Estates
- South Dakota Cryptocurrency and Digital Asset Trust Companies Thrive
- Davenport Evans Banking eNews
Davenport Evans: Types of South Dakota Trust Companies - Terry Prendergast
