Dynasty Trust

Dynasty Trust

The Dynasty Trust helps individuals and families leverage tax exclusions and credits to maximize the assets that are transferred to future generations. Because the federal estate and gift tax applies to each generational transfer of wealth, these taxes can significantly erode the amount that is passed on. The Dynasty Trust attempts to limit the occasions when the estate tax is imposed on assets as they pass on to heirs by holding assets in trust for as long as the law allows. This reduces the number of taxable transfers while providing financial support to a range of family beneficiaries over two or more generations.

Note: This information should not be used as a basis for legal and/or tax advice. In any specific case, the parties involved should seek the guidance and advice of their own legal and tax counsel.