What type of South Dakota Trust as there are multiple types.
No
No
I can't answer that
Trustee fees, banking︀ issues, endless compliance paperwork and total loss of control of assets depending on the type︁ of trust chosen.
In principle you don't own the︃ assets once they are placed in a trust and the assets are controlled by the︄ trustees for the benefit of the beneficiaries according to your written letter of wishes.
Basically get professional advice from over that side of pond. Me personally I would avoid everything︅ US for banking and trusts.
P.S This is an old thread 🙁
No
No
I can't answer that
Trustee fees, banking︀ issues, endless compliance paperwork and total loss of control of assets depending on the type︁ of trust chosen.
In principle you don't own the︃ assets once they are placed in a trust and the assets are controlled by the︄ trustees for the benefit of the beneficiaries according to your written letter of wishes.
Basically get professional advice from over that side of pond. Me personally I would avoid everything︅ US for banking and trusts.
P.S This is an old thread 🙁