South Dakota Trust Services

Our trusted expertise without boundaries.

The importance of choosing the most appropriate location (or situs) for your trust depends on a variety of issues specific to each particular situation. Many wealthy families, looking for a safe harbor to secure their wealth, have often sought South Dakota’s trust laws, which are considered among the best suited to adequately safeguard wealth. Bridges Trust Company of South Dakota offers a solution for those individuals seeking the protection and benefit of South Dakota trust law.

Legislative Intent

South Dakota trust laws can effectively safeguard and keep large amounts of wealth.
Tax Benefits

South Dakota doesn’t collect state taxes on assets held in trust.
Dynasty Trusts

South Dakota dynasty trust laws allow ultra-high net worth individuals to transfer wealth and ensure its protection from creditors and spendthrifts for generations to come.
Asset Protection

South Dakota’s trust benefits exceed most states, largely due to the lack of state income tax, statute of limitations for future and preexisting creditors, spouse and child support creditor exception and the state’s view of preexisting tort creditors.
Privacy

South Dakota’s trust laws emphasize privacy. These strong privacy laws can help protect family wealth.

Legislative Intent

South Dakota trust laws can effectively safeguard and keep large amounts of wealth.

Tax Benefits

South Dakota doesn’t collect state taxes on assets held in trust.

Dynasty Trusts

South Dakota dynasty trust laws allow ultra-high net worth individuals to transfer wealth and ensure its protection from creditors and spendthrifts for generations to come.

Asset Protection

South Dakota’s trust benefits exceed most states, largely due to the lack of state income tax, statute of limitations for future and preexisting creditors, spouse and child support creditor exception and the state’s view of preexisting tort creditors.

Privacy

South Dakota’s trust laws emphasize privacy. These strong privacy laws can help protect family wealth.