Question

Which state is best for a dynasty trust?

Answer

The state where you establish your dynasty trust determines its legal framework. Both South Dakota and Nevada are dynasty trust jurisdictions with no state income tax. South Dakota offers truly perpetual trust duration and is the only state with automatic perpetual sealing of court records, making it ideal for families who prioritize privacy. Nevada allows 365-year trusts and features a short two-year statute of limitations for creditor claims, making it worth considering for asset protection. The right choice depends on whether privacy, duration, or asset protection matters most to your family.

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