Typically an NRA with U.S beneficiaries would establish a Non-Grantor DomesticNRA Dynasty Trustand/or a revocableForeign Grantor Trustwith South Dakota Trust Company LLC as trustee.
SDTC Facts
Trust accounts representing more than $140 billion in assets under administration
Currently work with over 115 billionaire and 360 centimillionaire clients
15% of clients are international families from 54 countries
Private Family Trust Company relationships worth in excess of $82 billion
600 years of combined experience
Work with most types of non-financial assets (both onshore and offshore)
Highest ranked jurisdiction in the United States: #1 in all categories by Trusts & Estates magazine (January 2022)
Highest ranked asset protection jurisdiction in the United States: #1 in all categories by Trusts & Estates magazine (January 2023)
South Dakota is a leading bank asset jurisdiction according to the FDIC: $3.54 trillion