Personal Trusts

Families, individuals and businesses can take advantage of the Personal Trust services of Alta Trust to organize and prepare their estate planning.

As a family owned trust company, we are committed to helping other families preserve, protect and continue their family legacies for generations. When you work with Alta Trust, you are choosing a tried and true fiduciary who is committed to helping families by administering their trusts the same way that they would themselves.

We work with many different kinds of trusts to ensure that we meet your family goals.

Personal, Family and Business Trusts Types

  • Revocable Living Trusts

  • Irrevocable Trusts

  • Dynasty Trusts

  • Domestic Asset Protection Trusts

  • Common Trusts

  • Corporate and Institutional Trusts

  • Retirement Plan Trusts

  • Rabbi Trusts (non-qualified deferred compensation)

  • Charitable Remainder Trusts

  • ILITs (Irrevocable Life Insurance Trusts)

  • Intentionally Defective Grantor Trusts

  • Beneficiary Defective Grantor Trusts

  • GRIT (Grantor Retained Income Trust)

  • GRAT (Grantor Retained Annuity Trust)

  • GRUT (Grantor Retained Unitrust)

  • Qualified Domestic Residence Trust

Assets Types Held in Trust

• Stocks
• Bonds
• Mutual Funds
• Real Estate
• Mineral Rights including Oil & Gas Partnerships
• Hedge Funds and Private Equity
• Privately Held Businesses
• Real property such as Art, Jewelry, Rare Coins, Precious Metals, Automobiles

We believe that using a professional trustee to administer a trust and an independent investment advisor to manage the assets of a trust will not only save the grantor and beneficiaries time, money, and worry, but it is also more likely to give families the outcome they desire. A Delegated Trust Structure is a great way to put the professionals in place while still allowing the individual or family to retain control through the appointment of a trust protector.

With this trust arrangement, 1) the grantor creates the trust, 2) he or she determines how the trust will operate, 3) how distributions will be made and 4) how the assets of the trust will be invested. The grantor appoints Alta Trust as the discretionary trustee. Alta Trust then delegates the investment responsibility to a trusted investment advisor who will manage the trust assets. Alta Trust retains the responsibility for accurately administering the trust and authorizing distributions from the trust. The grantor also appoints a trust protector to further ensure that the trust operates smoothly and meets the grantor’s objectives.

The Advantage of Using a South Dakota Trust

Did you know that the Trust and Estates Magazine, which is the magazine of record for the trust industry, recently ranked South Dakota as the #1 Trust Jurisdiction in the United States?* When you establish a South Dakota trust with Alta Trust, you are providing your loved ones with the very best possible estate planning. The trust that you create for them will both grow and be secured under the many beneficial statutes embodied in South Dakota trust law. As your trustee and valued partner, Alta Trust will professionally administer your trust and represent your aspirations and goals along with your other trusted advisors.

#1 RANKED TRUST JURISDICTION*

Domestic Asset Protection Trusts

(Protect your assets from creditors - great for all business owners)

Dynasty Trusts

(Trusts that last forever and potentially can avoid state & federal transfer taxes)

No State Income Tax

(Further protect trust assets)

Trust Protector Statutes

(Enhance fiduciary oversight)

One of the Lowest Insurance Premium Taxes in the Country

(Additional tax savings)

Strong Privacy Laws

(Provide confidentiality for personal assets)

* Trusts and Estates Magazine, January 2018