A post on January 23, 2010 in Wills, Trusts & Estates Prof Blog provides a chart listing the best states for trusts. The ranking factors considered are (1) state income tax in the state, (2) directed trust statute, (3) asset protection trust availability, (4) dynasty trust ability, and (5) the number of trust companies in the state.
The top four states include Alaska, Delaware, Nevada and South Dakota.
The next best include three states: Florida, New Hampshire and Wyoming.
Finally, the last group of states include: Colorado, Idaho, Ohio, Utah and Wisconsin.