Showing posts with label Directed Trusts. Show all posts
Showing posts with label Directed Trusts. Show all posts

Tuesday, January 26, 2010

The Best States for Trusts


The Best States for Trusts
Tier
State*
State Income Tax
Directed Trust Statute
Asset Protection Trust
Dynasty Trust Ability
Number of Trust Cos.
Time Zone (from NY)
1
No
Yes
Yes
1000 yrs.
3
(-) 4
1
Residents
Yes
Yes
Perpetual
32
(-) 0
1
No
Yes
Yes
365 yrs.
26
(-) 3
1
No
Yes
Yes
Perpetual
39
(-) 1 / 2
2
No
No
No
360 yrs.
9
(-) 0
2
Residents
Yes
Yes
Perpetual
19
(-) 0
2
No
No
Yes
1000 yrs.
2
(-) 2
3
Yes
Yes
Yes
1000 yrs.
7
(-) 2
3
Yes
No
No
Perpetual
3
(-) 2
3
Residents
No
No
Perpetual
2
(-) 0
3
Yes
No
Yes
1000 yrs.
2
(-) 2
3
Residents
No
No
Perpetual
4
(-) 1
*States: links to State Trust Statutes  Data: January 2010  
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From the Trust Advisor Blog in a post titled 

America’s Most Wealth Friendly States Continue to Bid for Your Clients’ Trust Business