Why South Dakota
A Unique Advantage for Wealthy Families
South Dakota was one of the first states to allow a trust to endure perpetually. While other states have followed suit, South Dakota’s modern trust and privacy laws, coupled with the advantages of no state income tax, capital gains, dividend/interest or tangible tax, distinguish it from other dynasty states. PandoTree Trust Company allows families to access all the benefits of South Dakota, including most of the unique and creative trust strategies for the wealthy, without the necessity of having the family reside in the state.