BENEFITS OF WYOMING
LOW TAX BURDEN
Wyoming has the lowest overall tax burden in the US, making it a top situs for managing generational wealth. Wyoming has no state income, capital gains, gift or estate tax, a benefit which may be extended to non-residents who place assets in a non-grantor trust.
PRIVATE TRUST COMPANIES
Wyoming has become the leader in Private Trust Companies. PTCs offer a powerful tool for strategic estate planning, enabling high net worth families to exercise control, flexibility, and multi-generational involvement in managing their family wealth.
Wyoming is the preeminent jurisdiction in which to manage digital assets. The state has enacted 30+ laws that provide legal certainty and regulatory clarity for digital assets, most important of which was to clarify the legal status of digital assets within the UCC.
MODERN TRUST LAWS
Wyoming has enacted legislation that makes its trust laws among the most flexible and advanced in the US. These laws provide individuals and families with a wide range of options for structuring their trusts to meet their specific needs and goals.
PRIVACY AND PROTECTION
Wyoming provides strong privacy and asset protection. Trust details including grantors, beneficiaries and trust assets are not part of the public record. In addition, Wyoming has robust asset protection laws that safeguard assets from creditors and legal disputes.
Wyoming receives high marks for its fiscal management and substantial financial reserves. The Wyoming legislature is required by constitution to pass a balanced budget and has accumulated a $27 billion surplus sovereign fund.