TRUSTS WITH CAPITAL FIRST ADHERE TO SOUTH DAKOTA’S TOP-RANKING TRUST LAWS

At Capital First, we take pride in offering our clients premier trust protection under South Dakota trust laws. Industry magazine Trust & Estates has consistently awarded South Dakota with Best Trust Jurisdiction in the U.S. since 2004. Largely considered to have the best trust laws in the country, a South Dakota trust situs provides significant benefits for trust clients.

SOUTH DAKOTA TRUST LAW BENEFITS INCLUDE:

TAX BENEFITS

No state tax on capital gains
No state tax on dividends
No state tax on interest income
No state tax on intangible property

ASSET PROTECTION BENEFITS

No requirement for trust documents or document updates to be filed publicly; privacy is priority
Creditor protection for self-settled trusts
Protection from ex-spousal claims such as alimony and/or child support
Protection from judicial foreclosure and creditor attachment on beneficial interests in trusts powers of appointment held by beneficiaries, and reserved powers by a beneficiary
Power of appointment in a trust is specifically excluded as a property interest

FLEXIBILITY BENEFITS

Permits trust grantor to also be a beneficiary
Trust can have unlimited duration providing continued protection for generations
No limit on the funds or property that can be transferred into a trust
No requirement that the grantor be a South Dakota resident
No requirement that the property be located in South Dakota