We offer a curated collection of updates, insights, and practical tools designed to keep advisors and attorneys informed in a rapidly evolving fiduciary landscape. From changes in trust law and regulatory developments to best practices in administration and planning, this section provides clear, actionable information that supports your work and strengthens client outcomes.
A bank trustee works with clients from the WWII to millennial generations. They generally each have a unique set of characteristics. Of course, no generation is the same. There are variances based on geographic, social, and economic factors. What makes millennials a somewhat unique group, at least since the WWII generation, are their lives experienced two […]
Advisors have the option to use a trust fund company that does not compete against them. There will be an avalanche of asset transfers between generations over the next 30 years. This blog provides information on the past, present, and future of trust law and the trustee industry. This information will help advisors to make […]
Asking for money from a corporate trustee usually becomes an unhappy experience. It does not have to be. Everybody has stories about these situations. These trust distribution requests usually become complicated by corporate trustees. It does not have to happen. Why does it happen? This question goes back 400 years. It starts with a trustee's […]
A south dakota trust company has 3 trust company business models to offer. The traditional corporate trustee offered the choice with limited control for clients. Over the last 20 years, newer corporate trustees offer two additional trust company business models. Wealth Advisors Trust, a south dakota trust company, offers two corporate trustee solutions. These solutions […]
Directed trust statutes separates who manages the trust assets and who administers the trust assets. This rule gives everyone loads of flexibility for anyone using a trust under South Dakota trust laws. Not every state offers directed trust law. It allows a person to place her property—both investment and business assets—in trust for heirs as […]
South Dakota’s dynastic trust laws allow every family to potentially become wealthy among the leagues of the ultra-rich. Why limit yourself to keeping up with the Jones when you can be the Jones? The attractive benefits of South Dakota dynastic trusts include the strength of preserving wealth for future generations, protecting those assets as they […]
A marker of wealth is often the reluctance to talk about it. Don’t talk about it, be about it. The benefits of South Dakota trust law come from the obvious to the subtle. South Dakota trust benefits allow for exactly that. South Dakota’s lawmakers were wise beyond their years when they passed attractive trust […]
South Dakota trust law focus on innovation and leadership continues yet again. Annually, Trusts & Estate Magazine reviews trust jurisdictions around the country. Furthermore, their objective measurements reviewed the following factors: (1) Rule Against Perpetuities (2) "21st Century" trust laws enacted such as decanting, directed trust, and privacy (3) Asset Protection levels (4) No State […]
A few days ago, I finished reviewing and approving my third Will & Testament. I have revised my Will three times — at 25, 42 and 50. It's just part of the normal process we all need to go through. We all have the same worries about taking care of our family. Reviewing a Will […]
A testamentary trust is a legal trust that is created through precise instructions laid out in a deceased person’s Will. A testamentary trust is irrevocable and goes into effect at an individual's death. In other words, when this individual dies they will no longer be able to change the terms of their Will. However, a […]
