Best Trust Jurisdiction
The race to become the best trust jurisdiction in the United States is a hot topic. There are four states that are often considering to have the top tier trust jurisdiction. The debate continues to rage between advisors, attorneys, and asset managers around the country.
Bridgeford Trust Company believes that South Dakota is the top choice for the best trust jurisdiction in the United States. There are a few areas in trust law where South Dakota is clearly the top choice for trust situs in America: Dynasty Trusts, State Income Taxation, Community Property Trusts, Privacy, Decanting, Special Purpose Entity, and the Insurance Premium Tax are a few of those categories.