Anticipating the Unanticipated with Trust Planning & How South Dakota Can Help
Al King will discuss how South Dakota trusts can help with some of the key unanticipated issues that clients and their families may need to address now and in the future such as death tax and economic uncertainty, the definition of beneficiaries, divorce, an intergalactic jurisdiction skipping clause, Pet Trusts, Cryonics, future lawsuits, bad beneficiaries, the promotion of beneficiary fiscal and social responsibility.
Al W. King III is the Co-Founder, Co-Chairman and Co-Chief Executive Officer of South Dakota Trust Company, LLC (SDTC), South Dakota Planning Company, LLC (SDPC), SDTC Services LLC (South Dakota) and SDTC Services of Wyoming, LLC. He is also a member of the management committee of the SDTC Related Companies. SDTC is a national trust boutique for the wealthy based out of Sioux Falls, South Dakota serving clients nationally and internationally. Mr. King is based in New York City.
Mr. King was previously the Co-Founder and Vice Chairman of Citicorp Trust South Dakota. Mr. King was also a Managing Director and the National Director of Estate Planning for Citigroup. Mr. King was also the Director of Financial and Estate Planning for Coopers and Lybrand in Stamford, Connecticut.
Mr. King is the Co-Vice Chairman of the Editorial Board of Trusts & Estates Magazine. He has been a member of the Editorial Board for 26 years. Mr. King has been inducted into the National Association of Estate Planners & Councils (NAEPC) Estate Planning Hall of Fame as an Accredited Estate Planner (AEP), Distinguished. In addition, Mr. King previously served on the Board of Directors for NAEPC and was previously the Chairman of the NAEPC Foundation Advisory Board. He is also a member of several groups and organizations including the Society of Trust and Estate Professionals (STEP), the International Association of Advisors in Philanthropy (AiP), the New York Philanthropic Advisors Network (NYPAN), the Fairfield County and the New York City Estate Planning Councils, etc. In addition, he is frequently published and quoted by several publications on various Estate Planning topics and addresses several professional organizations, special interest groups, and general audiences on the subject of trust and estate planning.
Mr. King received a Bachelor of Arts cum laude from Holy Cross College, a Juris Doctorate from Syracuse University Law School and an LL.M. in Tax Law from Boston University School of Law.