Bridgeford Trust Company was recently featured on Evergreen Exits podcast, Exits Aren’t Endings, You’re Just Getting Started. Evergreen Exits is dedicated to supporting entrepreneurs through every stage of their business exit journey, embracing a fiduciary and independent model that empowers their team to collaborate with top-tier solution providers to deliver the best outcomes for clients.
In this episode, host Ed Barone – a seasoned Wealth Manager with expertise in business exit planning for privately held businesses and institutional asset management – interviewed David Warren, Co-Founder and Chairman of Bridgeford Trust Company. Together, they explored the unique advantages of selecting South Dakota over other top-tier trust jurisdictions and discussed the trust industry’s significant shift away from the traditional bank trust model over the past decade.
We encourage you to listen to the full episode, Well-Settled Trusts in Unsettled Times. Some of the key topics discussed include:
Bridgeford’s Inception:
- New Wealth Management Paradigm: The shift towards a conflict-free, direction-and-control approach.
- Independent v. Institutionalized Trust Solutions: How Bridgeford Trust Company offers the best of both worlds – big enough to matter, but small enough to care.
Why Jurisdiction Matters:
- Top-Tier Trust Jurisdictions: Why South Dakota stands out with its advanced asset protection and dynasty trust capabilities in addition to its commitment to privacy.
- Modern Trust Law: The evolution of trust law and the fiduciary duty to select a top-tier jurisdiction like South Dakota.
Well-Settled Trusts in Unsettled Times:
- Navigating Uncertainty: How political, economic, tax, and geopolitical uncertainties can guide proactive trust planning.
- Creating Certainty: The importance of well-settled trusts for asset protection, privacy, tax planning, and dynasty/legacy planning.
If you have any questions about creating a well-settled trust in these unsettled times or any of the topics discussed in this podcast episode, don’t hesitate to reach out to us via our contact page or by calling (605) 224-9189.
