Practice Areas
Business and Trust Situs Planning

Business and Trust Situs Planning

Wyoming is clearly recognized as one of the best U.S. jurisdictions in which to locate a trust or business entity. In addition to having no income tax, Wyoming law offers a full range of modern trust laws, flexible and protective business statutes, unregulated private trust companies, strong asset protection tools, and a legislature and court system that are responsive to clients’ business and trust administration needs.
Planning strategies include:
• Forming and administering both regulated and unregulated private trust companies to administer family wealth
• Establishing Wyoming domicile and residency for persons, companies, and trusts (including asset protection trusts)
• Establishing or moving domestic and foreign trusts to Wyoming to take advantage of Wyoming law and minimize tax for up to 1,000 years

LRW’s affiliate, Frontier Administrative Services LLC, is a private trust company administration firm that can arrange for local administrative support for a private trust company, including office space, personnel, basic accounting services, and general office administration services.