About
Kraig L. Kronaizl is a shareholder and attorney with Lynn Jackson in Sioux Falls, South Dakota. He focuses on banking and financial transactions, real estate transactions and loan reviews, business and corporate work, estate planning, probate, and trust administration. Kraig represents nonprofit organizations, insurance companies, financial institutions, construction companies, agricultural operations, manufacturers, and closely held and family-owned businesses, advising them on transactional, governance, financing, and succession matters.
Kraig earned a B.A. in Business Administration from Augustana College in 2008. He received his J.D. from the University of South Dakota School of Law in 2011 and an MBA/HSAD from the University of South Dakota School of Business in 2012. His combined legal and business education supports his work on financing, corporate structure, ownership transitions, estate planning, and other matters where legal decisions are closely connected to business operations and long-term planning.
Kraig advises clients through business formation, growth, mergers and acquisitions, and succession planning. His representative work includes assisting estates and trusts with administration, guiding families through business transitions, helping corporations address ownership changes after a shareholder or member dies, and representing electric cooperatives in obtaining eight-figure federal loans. He has also reviewed, revised, and drafted loan documents for seven-figure bank transactions and provided South Dakota legal opinions for out-of-state counsel.
Kraig has been recognized as a Great Plains Super Lawyers Rising Star in Estate and Probate for 2019 through 2021. He is admitted in South Dakota state and federal courts and participates in professional organizations including the American Bar Association and South Dakota Bar Association. Kraig L. Kronaizl combines transactional experience, business training, and estate planning knowledge to help clients structure agreements, manage transitions, protect assets, and move important financial and organizational matters forward.
Law Office Affiliations
- Shareholder, Lynn, Jackson, Shultz & Lebrun, P.C.
- Member, State Bar of South Dakota
- Member, American Bar Association
- Member, Business Network International (BNI)
Licensed State
- South Dakota
Education
- University of South Dakota School of Law
Juris Doctor (JD) - University of South Dakota School of Business
MBA/HSAD - Augustana College
Bachelor of Arts (BA) in Business Administration
Awards & Badges


- Banking & Finance
- Contracts & Agreements
- Corporate & Incorporation
- Financial Markets & Services
- Nonprofit Organizations
- Tax
- Probate
- Trusts
- Guardianship
- Creditor Debtor Rights





