TrustModern trust laws, available in progressive trust jurisdictions such as South Dakota, have drastically changed the trust and wealth planning landscape bringing far more control and flexibility to settlors, advisors, and beneficiaries than ever before. Concepts such as the directed trust, decanting, and the trust protector have tremendously changed traditional notions around irrevocable trusts, and how they are drafted and administered.

Click here for a detailed description of these modern trust laws, and a discussion around the huge impact they are having on modern wealth planning.