South Dakota

USA

South Dakota is unique as a trust jurisdiction, thanks to a combination of legislative and fiscal advantages that include modern trust laws, robust provisions for asset protection.

Photo of South Dakota, Falling Waters

Services & Sectors

JTC launched its USA trustee services in 2016 with the opening of a new office in Sioux Falls, South Dakota.

Having been granted a trust license in South Dakota by the State’s financial authority, JTC can offer an enhanced and highly competitive range of trust and fiduciary services to its private and corporate clients, particularly those in the Americas and Asia with a US element to their planning needs.

Private client services available from or facilitated by our rapidly expanding South Dakota team include a comprehensive selection of US-centric trust types, including Directed Trusts, Delegated Trusts, Irrevocable Life Insurance Trusts, Private Trust Companies, Dynasty Trusts, Generation Skipping Trusts and Asset Protection Trusts.

Furthermore, features of South Dakota’s progressive trust legislation include unlimited duration, trust protector statutes, decanting, asset protection and tax neutrality.

Why choose South Dakota

Leading trust jurisdiction with extremely supportive Governor, legislature, regulator and judiciary

Trust legislation that allows for unlimited duration trusts, trust protector statutes, decanting and asset protection

Trusts do not incur income, estate, inheritance, gift or transfer taxes

South Dakota ranks 1st in total bank assets according to the FDIC: $3.14 trillion (2018)

#1 ranked dynasty trust jurisdiction (2020)

Sioux Falls named #1 Best Small Place for Business and Careers by Forbes.com six times since 2005

#2 ranked domestic asset protection trust jurisdiction by Oshins & Associates

Let’s Bring Your Vision to Life

From 2,300 employee owners to 14,000+ clients, our journey is marked by stability and success.

our offices

Contact us

JTC Trust Company (South Dakota) Ltd.
140 North Phillips Avenue,
Suite 301,
Sioux Falls,
SD 57104,
USA
JTC Trust Company (Rapid City) LLC
4020 Jackson Bldv,
Suite 3,
Rapid City,
SD 57702,
USA