Wealth Advisors Trust Company Blog

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February 6, 2021

Foreign Grantor Trusts Increase Reputational Risk for South Dakota trust law

This blog post outlines how foreign grantor trusts could increase the potential business and reputation risk for South Dakota trust law and trust companies. Potential clients should understand why and if they are comfortable accepting that potential risk.

January 28, 2021

Hybrid Domestic Asset Protect Trust (DAPT) - Escape Clause

This blog describes how a Hybrid Domestic Asset Protection Trust (DAPT) works for grantors wanting an escape clause while taking advantage of their $11.7 million estate tax exem...

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January 11, 2021

What is a Fiduciary?

When individuals hear the word trustee, they often associate the word fiduciary along with it. However, most individuals do not understand what acting in a fiduciary capacity me...

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November 23, 2020

Private Trusts and Directed Trusts - South Dakota's hidden treasures

Most individuals want to maintain control even though they have placed assets in a trust. They are called a Private Trust. Making a trust private is one way to keep control; a directed trust isFalse

November 13, 2020

The Power of the Marital Deduction

When a large amount of wealth is being transferred, it is essential to understand what taxes can occur. This blog will cover the importance of understanding the federal estate tax, the power of theFalse

October 26, 2020

South Dakota trust law - 25 reasons ranked #1 [Checklist]

This blog post will provide 25 reasons why South Dakota trust law ranks #1 in America. A leader in anything creates a naturally occurring set of healthy and repeatable habits. Being in the mid-west,False

October 20, 2020

Are Irrevocable Life Insurance Trusts taxable? [Guide]

Are Irrevocable Life Insurance Trusts taxable - when and why? With a new presidential debate on the horizon, wealthy individuals are looking at every option available to shelter their assets.

October 16, 2020

Smarter faster financial advisor business plan - 5 tips [Checklist]

This blog post will provide five simple financial advisor business plan ideas to serve clients faster and smarter around non-core items. This post will cover:

October 9, 2020

How Financial Advisors avoid losing control to Estate Attorneys [Tips]

You are the financial thought leader and implementer for your clients. Working collaboratively with an estate trust attorney on your client estate legal issues can be daunting. Here are a few tipsFalse