South Dakota

3 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Aug 22, 2024 by Alessandro Chesseri · said 27 times in 3 episodes since 2020 · across every show →

Mentions by year

brought up most by Alessandro Chesseri (25), Russ Perry (1), Dane Kuper (1)

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Everything said about South Dakota, oldest first

Aug 22, 2024
Assertion Supported
Chesseri: South Dakota trust licensing requires $1M in reserve bonds
“We're becoming a licensed trust company in South Dakota, and that's going to require us to have a minimum of a million dollars on reserves. It filed via a bond.”
Alessandro Chesseri Aug 22, 2024 ▶ 5:47 The Revocable Living Trust Cheat Code for SaaS Founders (Save millions on taxeS)
Aug 22, 2024 positive
Assertion Supported
Chesseri: South Dakota trusts eliminate state income and capital gains taxes
“If those shares were held in a South Dakota trust in South Dakota, there is no state taxes for income or cap gains. So you save 1.3 million dollars right out of the gate just by having your trust in South Dakota.”
Alessandro Chesseri Aug 22, 2024 ▶ 10:21 The Revocable Living Trust Cheat Code for SaaS Founders (Save millions on taxeS)
Aug 22, 2024 bullish
Prediction Didn’t hold up
Chesseri: Dynasty Will Secure South Dakota Trust License in Nine Months
“We're getting licensed in the next nine months. We're working on the application process right now. We're working with the South Dakota legislators. We're building our board in South Dakota and we'll be licensed in about nine months.”
Alessandro Chesseri Aug 22, 2024 ▶ 22:21 The Revocable Living Trust Cheat Code for SaaS Founders (Save millions on taxeS)
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