As modern trust laws have proliferated over the past 20 years, the decision as to where to place a trust has become as important as the decision to create one in the planning process. Researching and identifying states with the most sophisticated and powerful trust planning tools has become of paramount importance and in addition, developing case law and other legal authority governing and guiding the fiduciary industry has clearly identified a duty to select proper trust jurisdiction in the planning process.

This video analyzes the legal authority and examines the question as to whether there is, in fact, a fiduciary duty to select the proper trust jurisdiction, and whether it may be professional malpractice not to do so in the planning process.

Contact us to discuss this topic further at info@bridgefordtrust.com or by calling (605) 224-9189. You can also visit our website at www.bridgefordtrust.com.