South Dakota Private Trust Co.

Sageworth has formed a separate, wholly-owned South Dakota Trust Company to provide our clients with access to what is widely considered the preeminent trust jurisdiction in the united states.

Sageworth Trust Company of South Dakota operates under the same client-focused, relationship-driven philosophy upon which Sageworth was founded. This allows our clients to take full advantage of South Dakota’s favorable trust laws while avoiding the inflexible bureaucracy of a large institution and the impersonal nature of a mere custodial trustee.

Our team of wealth planning strategists and trust administrators is highly experienced and creative in dealing with the most sophisticated tax planning strategies utilizing South Dakota-based trusts. They understand how to efficiently implement and administer those strategies, many of which involve private business and real estate interests.

Why South Dakota?

South Dakota is the leader in adopting cutting edge trust laws to meet the ever-changing needs of ultra-high net worth families. As a result, South Dakota is consistently ranked the top trust jurisdiction in the United States. Benefits of South Dakota trust law include:

  • No state income taxes on trust assets
  • Best asset protection for discretionary trusts
  • Best privacy statutes in the United States
  • Highly flexible processes for modifying trusts