WHY A WYOMING TRUST?

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The state of Wyoming has a well-deserved reputation as an excellent place to form a new trust or move an existing trust. In addition to innovative and flexible trust laws, the state has a very low tax burden, is rated in the top tier of fiscally sound state governments, has a pro-business legislature, and has very business-friendly regulations. Studies have consistently ranked Wyoming among the most favorable trust jurisdictions and it is also one of the most business-friendly jurisdictions in the nation.

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• No state tax (income, estate, capital gains, corporate or gift)

• Innovative and flexible trust laws

• Strong privacy laws, including no trust registration requirements

• No transfer tax for 1,000 years

• Easy trust reformation

• Responsive legislature

• Fast and efficient court system

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An enhanced version of the uniform trust code allows:

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• Directed trusts (view PDF)

• Trust protectors, trust advisors, and special purpose entities

• Purpose trusts

• Prudent investor standard

• Non-judicial settlement agreements

• Flexible trust modification and reformation​​

• Statutory decanting

• Enhanced virtual representation

• Self-settled discretionary trusts

• Narrow exceptions to qualified transfers

• Expanded settlor’s rights for qualified spendthrift trusts

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• Where would you rather do business? (view PDF)

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