Directed Trusts, only available in a handful of states across the country including South Dakota, are drastically changing the trust world while putting control back into the hands of settlors, beneficiaries, and their advisors. Through bifurcating liability, the directed trust model creates a legal framework allowing trustees and beneficiaries to work with asset managers and independent trust companies of their choosing.
Watch this short video for a discussion about how the directed trust concept “unbundles” financial services while revolutionizing the trust and wealth management industry.
