How much does it cost to set up a trust in South Dakota?

There is a non-refundable application fee of $5,000. A trust must have at least $200,000 of assets to receive a South Dakota charter. The company must file a 12-page application. Once chartered, there is an annual state fee of 7 cents per $10,000 of assets in the trust. Feb 21, 2018. (rapidcityjournal.com)

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