Al W. King III

W. King III
Co-Founder, Co-Chairman and Co-Chief Executive Officer,
South Dakota Trust Company


Al W. King III is the Co-Founder, Co-Chairman and Co-Chief Executive Officer of South Dakota Trust Company, LLC (SDTC) and based in the New York City office. SDTC is a national trust boutique for the wealthy headquartered out of Sioux Falls, South Dakota serving clients nationally and internationally.

Mr. King was previously Managing Director and National Director of Estate Planning for Citigroup. Mr. King was also the Co-Founder and Vice Chairman of Citicorp Trust South Dakota. Mr. King also previously served as Director of Financial and Estate Planning for Coopers and Lybrand in Stamford, Connecticut.

Prior to joining Coopers and Lybrand, Mr. King was a Vice President and Director of Financial and Estate Planning with Shawmut Bank and the Northeast Director of Financial and Estate planning for Prudential-Bache Securities. Mr. King was also a Senior Staff Attorney/Financial Counselor with the AYCO Corporation, a fee-based financial counseling firm.

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 20 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 currently serves on the Board of Directors for NAEPC and is 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), New York Philanthropic Advisors Network (NYPAN), Fairfield County and 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 estate and financial planning.

Mr. King received a Bachelor of Arts cum laude from Holy Cross College, a Juris Doctor from Syracuse University Law School and an LL.M. in Tax Law from Boston University School of Law. 

Tips From the Pros: Be Aware of the Uniform Voidable Transactions Act
Al W. King III shares how the Uniform Voidable Transactions Act may adversely affect a legitimate domestic asset protection trust.
Powerful Private Placement Life Insurance Strategies With Trusts 
Al W. King III & Pierce McDowell III examine several techniques of how to incorporate PPLI into a client’s estate, trust and financial planning.
Tips From the Pros: The Private Family Trust Company and Powerful Alternatives
Al W. King III weighs in on directed trusts, special purpose entities/trust protector companies and private family trust companies.
Tips From the Pros: Drafting Modern Trusts
Al W. King III shares ways to maximize the efficiency of trust administration
Tips From the Pros: Domestic Trust Situs Opportunities for International Families
Al W. King III discusses the reasons for the uptick in the creation of such trusts
Tips From The Pros: Trust Options for Residential Real Estate
Al W. King III presents transfer tax planning and creditor protection opportunities
Tips From The Pros: Charitable Giving With Non-Charitable Trusts
Al W. King III explains the popularity of the MDT and its effect on modern-day charitable bequests
Should You Keep a Trust Quiet (Silent) From Beneficiaries?
Al W. King III addresses the issue of exactly how much heirs should know about the sizes of their prospective inheritances
Trusts Without Beneficiaries—What’s the Purpose?
According to author Al W. King III, non-charitable purpose (NCP) trusts are one of the most overlooked vehicles for estate-planning purposes. Find out how useful they can be
Myths About Trusts And Investment Management: The Glass is Half Full! 
Al W. King III discusses some of the key investment management factors contributing to the recent growth of trusts
Defend Against Attacks on DAPTs
Domestic asset protection trusts provide many benefits to wealth preservation and asset protection but they need to be properly coordinated, structured and administered to maximize their benefits.
What’s Trending in The Estate-Planning World 1
Some of the more pressing recent developments in the estate planning world deal with self-settled trusts, discretionary interests, state income taxes and foreign grantor trusts.
Review of Reviews: Synthetic Cells, Synthetic Life and Inheritance 
Al W. King III reviews Professor Kristine S. Knaplund's article, "Synthetic Cells, Synthetic Life and Inheritance"
Trust Planning in 2012 and Beyond 
Estate planning is certainly interesting during these times of legislative, political, fiscal, tax and economic uncertainty. The current gift and generation-skipping transfer (GST) tax exemptions of $5.12 million each and the potential return to the 2001 estate, gift and GST tax exemption levels and tax rates (that is, 55 percent to 60 percent) in 2013, make this the ideal time to take advantage of the trust opportunities available.
State Premium Tax Planning 
The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 Tax Act) brought about an increase in the gift, estate and generation-skipping
Industry Newsletters
Investment Category Sponsor Links
Practice Management Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×