Teton Trust Company

is a Wyoming state-chartered trust company based in Jackson Hole, Wyoming.

 

 

 

 

 

WHO WE ARE
Teton Trust Company is part of the Cone Marshall Group, a leading independent and international fiduciary service provider.
Founded by Geoffrey Cone, Teton Trust Company has decades of experience in establishing, migrating, and administering trusts worldwide.
WHAT WE DO

Teton Trust Company is an independent, licensed Wyoming trustee company. Based in Jackson Hole, with representative offices in New York and Miami, Teton Trust Company offers a comprehensive range of trust, foundation, and corporate services:

Trust Establishment and Administration

  • Establishment and administration of U.S. domestic and foreign trusts.
  • Trustee oversight and administrative support for corporate governance.
  • Financial statement preparation and reporting.
  • Coordination of tax and regulatory reporting requirements for trusts and underlying entities.

Private Interest Foundations

  • Wyoming foundations can be used as a U.S. structuring alternative to trusts for family governance and succession planning.
  • Establishment and administration of Wyoming statutory foundations for private or charitable purposes.

Customized Solutions

  • Fiduciary solutions for complex cross-border and domestic estate planning.
  • Services are designed particularly for each client’s circumstances and goals. Establishment and administration of Wyoming statutory foundations for private or charitable purposes.

Private Trust Companies (PTCs)

  • PTCs are an alternative to using Teton Trust Company as trustee, and provide a customized approach for families that prefer managing their own trustee company.
  • Setup and administration of PTCs.
  • Family office services to complement PTC administration.

Corporate Entities

  • Comprehensive offshore and domestic corporate entity services including:
    • Company formation,
    • Registered agent,
    • Corporate managers,
    • EIN creation,
    • Bank account opening,
    • Ongoing administration, and
    • Regulatory and tax reporting.

Teton Trust Company works closely with each client’s team of attorneys, family advisors, and private bankers to provide exceptional service.

WYOMING
An innovator in trusts and estates law, Wyoming has emerged as a preeminent trust jurisdiction in the U.S.
Wyoming has a stable (and business friendly) state government, no state income tax, progressive trust laws, and an efficient judiciary experienced in trust issues. The state has adopted the enhanced Uniform Trust Code.
 
Jackson Hole, in Wyoming’s Teton County, is one of the wealthiest (and most beautiful) locations in the U.S. Over decades, this county has grown a significant financial services industry for resident high-net-worth families.
THE BENEFITS OF WYOMING AS A TRUST JURISDICTION INCLUDE:

Favorable Tax Laws

Residents are not required to pay state income, capital gains, corporate, estate, or gift taxes. Additionally, Wyoming has some of the lowest tax rates on insurance premiums compared to other U.S. states. These innovative tax benefits extend to income accumulated in an irrevocable trust, even for nonresidents.

Sound Government and Skilled Judicial System

Wyoming has a fiscally responsible state government along with a state judiciary that has a reputation for being expeditious, effective, and experienced with high-net-worth families and individuals. The Wyoming Legislature has a long-standing track record of friendliness to businesses and trusts, and opposing regulatory requirements.

Strong Privacy Protections

Wyoming has strong privacy laws, and trust agreements are not required to be registered. All information (e.g., the names of grantors and beneficiaries, and information regarding assets and estate plans) is kept private.

Directed Trusts

These trusts allow the duty of the trustee to be separated from the investment advisor.

Qualified Spendthrift Trusts

These self-settled trusts afford immediate statutory protection against creditors, putting Wyoming among the most progressive trust jurisdictions in this regard.

TRUST PROTECTORS, TRUST ADVISORS, AND SPECIAL PURPOSE ENTITIES:

Purpose Trusts

Allow for the support of a specific purpose, such as a charity or a pet.

Private Family Trust Companies

Allow direct family involvement in the investment of trust assets.

Rapid Formation of LLCs and Other Corporate Structures

Allows for significant flexibility and control.

Flexible Trust Modification

One of numerous benefits that allow flexibility and protection in innovative trust structures.