The trusts landscape is noted for the importance of certain US states, such as New Hampshire, South Dakota, Delaware, Nevada and Alaska.

Dunham Trust Company has launched Dunham Private Trust, its new Wyoming-based division that expands Dunham's multi-jurisdictional trust services. 

"It's incredibly exciting for our 25-year-old Nevada trust company to now have a footprint in Wyoming," Jeffrey Dunham, CEO and chairman of Dunham & Associates Investment Counsel, Inc and Dunham Trust Company, said.

Wyoming imposes no state income, capital gains, or estate taxes; its trust laws offer, so Dunham says, robust protection from creditors. The state also has statutes protecting anonymity and personal information. 

The trusts landscape is noted for the importance of certain US states, such as New Hampshire, South Dakota, Delaware, Nevada and Alaska. Trusts, as a feature of the common law system inherited from the UK, are a well-known feature of the wealth management toolkit, although today they face pressures from governments trying to get their hands on more data to chase down alleged tax evaders. But the US appears to have gotten itself into an interesting, even enviable, position. While jurisdictions such as Switzerland have seen their bank secrecy laws crumble, the US – which is not a signatory to the global Common Reporting Standard regime on information sharing – ironically now stands as a country where financial privacy is relatively robust. (See an article about the patchwork of state trust laws here.)