> "Dynasty trusts can be created in South Dakota for families who do not live in the state. South Dakota allows trusts to continue in perpetuity, avoiding federal transfer taxes for generations. The state does not impose any form of taxation (income, dividend interest, capital gains) on these trust assets."
There are still high-paying jobs for those maintaining this infrastructure as well as income for law and accounting firms serving them. Cashflow is always good even without taxes to collect.
