Bridgeford Trust recently presented at the Global Financial Summit, an exclusive, private wealth conference that took place at the Atlantis Resort & Casino in the Bahamas. Featuring some of the biggest names and most insightful advisors in the wealth management world, David Warren, President and CEO of Bridgeford Trust, was honored to be included as one of this year’s speakers. His presentation, “The Vital Importance of Selecting the Proper Trust Situs,” and his participation on a “Panel on Taxes and Estate Planning” focused on the importance of trust jurisdiction in the wealth planning process for domestic and international families with connections to the U.S. relative to asset protection, privacy, and sophisticated tax planning.
The event generated a lot of media attention in the Bahamas and Bridgeford was interviewed as part of a nationally televised report about the conference. You can view that interview by clicking here.
Of particular interest during both presentations was a well-researched chart comparing top tier U.S. trust jurisdictions, that clearly and objectively indicates that South Dakota is the superior jurisdiction for trust situs. Another particular area of interest was South Dakota’s robust privacy laws, considered to be the strongest in the nation, and was the focal point of a meeting with Perry Christie, the Prime Minister of the Bahamas, about U.S. trusts and the power of South Dakota’s trust laws.