Lighthouse
Jurisdictions / Wyoming

Where the modern LLC began.

Wyoming enacted the first U.S. limited liability company statute in 1977 and has remained at the leading edge of the doctrine ever since. The Qualified Spendthrift Trust framework, added in 2007 and refined repeatedly, makes Wyoming the firm’s domestic seat.

The Qualified Spendthrift Trust.

Wyoming enacted the Qualified Spendthrift Trust framework in 2007, expanded it in 2013, and refined it again in 2015. Under Wyo. Stat. § 4-10-510(a), a qualifying trust must be irrevocable, contain a spendthrift provision, expressly incorporate Wyoming law for validity, construction, and administration, and stipulate that it is governed by the QST statute. Within those formal requirements lies one of the more considered domestic asset-protection regimes in the United States.

Private Trust Companies.

Under Wyo. Stat. § 4-10-103(a)(xxxv)(B), a private trust company organized in Wyoming may serve as the qualified trustee of a QST so long as it maintains custody or records in the state, prepares fiduciary tax returns, or otherwise materially participates in administration. The firm establishes and administers private trust companies on behalf of clients whose holdings warrant the dedicated structure.

Charging-order exclusivity.

Wyoming's LLC statute has continuously reaffirmed the charging order as the exclusive remedy available to a creditor of a member, including in the single-member context — a provision that survives where competing U.S. jurisdictions have weakened it. The result is a domestic LLC that is, by statute, harder to penetrate than most.

The legislation we work under.

Wyoming Uniform Trust Code

Wyo. Stat. § 4-10-101 et seq.

Wyoming’s codification of the Uniform Trust Code, supplemented by the state’s bespoke Qualified Spendthrift Trust framework. Among the more considered domestic asset-protection regimes in the United States.

§ 4-10-510(a)
Qualified Spendthrift Trust formal requirements: irrevocable, contains a spendthrift provision, expressly governed by Wyoming law.
§ 4-10-103(a)(xxxv)(B)
Private Trust Company qualification: Wyoming custody, records, or material participation in administration.

Wyoming Limited Liability Company Act

Wyo. Stat. § 17-29-101 et seq.

The successor to Wyoming’s pioneering 1977 LLC statute. Has continuously reaffirmed the charging order as the exclusive creditor remedy, including in the single-member context — a position not preserved by every U.S. state.

§ 17-29-503
Charging order is the exclusive remedy of a creditor of a member, in single-member and multi-member LLCs alike.

Services from this office

  • Private Trust Company Establishment & Maintenance
  • Trust Administration
  • Asset Protection LLCs
  • DAO LLCs
  • Business Process Outsourcing

Office

Lighthouse Services USA, LLC

30 North Gould StreetSheridan, Wyoming 82801

+1 786 375 6538

Our people

The Sheridan office

Garrett L. Maddox, General Manager, Lighthouse Trust Sheridan, Wyoming

Garrett L. Maddox

General Manager

Garrett leads the firm's Wyoming office in Sheridan. He has spent his career administering domestic and international fiduciary structures, and is responsible for the office's client relationships and registered-agent work.

Cody R. Tanner, Client Relationship Officer, Lighthouse Trust Sheridan, Wyoming

Cody R. Tanner

Client Relationship Officer

Cody looks after the firm's U.S. client relationships from Sheridan, handling limited liability company formation, registered-agent services, statutory filings, and good standing. He has worked in corporate administration for over a decade.

Brooke A. Daniels, Office Coordinator, Lighthouse Trust Sheridan, Wyoming

Brooke A. Daniels

Office Coordinator

Brooke manages reception, scheduling, and client correspondence at the Sheridan office, and coordinates document handling and records.

Russell K. Boyd, In-House Counsel, Lighthouse Trust Sheridan, Wyoming

Russell K. Boyd

In-House Counsel

Russell advises Lighthouse on its own corporate, governance, and regulatory matters and supports the firm's compliance function. He advises the firm itself and does not act for clients.

Lighthouse Trust · Wyoming

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