Wyoming Trust Attorney
203 S. Main St. STE 3000
Sheridan, WY 82801
Contact via Email
- Wyoming Trust Attorney
- Asset Protection
- Tax Planning
- Trust Formation
- Trust Administration
- Wealth Management
- Limited Liability Companies
- Property Protection Trusts
- Estate Planning
Fundraisers We Support
- We run an annual scholarship. We have four winners per year.
Hours of OperationWe are open from 8 in the morning to 5 in the evening mountain time. We are available by email 24/7.
Our Wyoming law firm focuses exclusively on asset protection and wealth management. Our goal is to craft an asset protection strategy which works for you and your family's situation. You will work hand in hand with our trust attorney to ensure your hard earned money gets into the right hands at the right time.
Asset protection strategies are meant to change your creditor's cost-benefit analysis. Through the use of LLCs, trusts and qualified retirement plans, you can effectively place your money outside the reach of creditors - while still enabling you to live off the assets and maintain control. A creditor seeking a judgement would face significant costs in bringing the case to court and have little to no chance on winning. This scenario makes litigation ineffective, and allows you to live stress free.
Protecting assets with a trust is a time-tested tradition which began before the U.S. was found. Wyoming trust law is designed to be favorable towards business and estate planning. These laws can be used in your favor regardless of where you live. We happily assist both US and offshore clients with creating trusts. Those from other countries may consider our products to be offshore trusts.
Wyoming has no taxes on estate, gifts, or inheritances and has lower maintenance costs than a comparable South Dakota Trust or Nevada Trust. WY also allows generation skipping trusts, irrevocable trusts, spendthrift, discretionary and perpetual trusts. We like to say there are as many trust variations as there are individuals and their situations.
WY is one of the few asset protection trust states which allow self-settled qualified spendthrift trusts - a.k.a. a Domestic Asset Protection Trust. These domestic trusts allow you to be both the settlor and the beneficiary. In essence, you form a trust for your own personal benefit. After a UFTA lookback period of 2 years the transfers cannot be clawed back.
Wyoming also allows you to be the trustee via a private family trust company. This private trust company is a Wyoming LLC you establish solely for the purpose of administering the trust. This also enables you to act as the investment advisor and draw a reasonable salary for your services.
Learn more about Wyoming trusts and private trust companies here.
We also offer a full suite of estate planning services. Our estate services include, but are not limited to, revocable living trusts, advanced health care directives, durable powers of attorney, close limited liability companies, irrevocable Medicaid trusts, avoiding probate, and establishing a guardian for your loved ones after you pass away. These services are designed to reduce your stress and ensure that your estate is handled in the manner you wish.
There is no reason to put off such decisions until the end. Doing so will only increase likely taxes and potentially place relatives in a poor position – fighting over your assets because your wishes were not clear.