Estate Planning vs. Dynasty Estate Planning

What is the difference between Estate Planning and Dynasty Estate Planning?

Estate Planning

The estate plan revolves around the death of the benefactor.

  • Paying taxes
  • Probate or private contractor handles the estate
  • Deciding which beneficiaries get which assets

Dynast Estate Planning

Dynasty estate planners have a larger scope and plan for the future of the beneficiaries. We can plan for:

  • Avoided Probate
  • Avoided Taxes
  • Protecting assets against beneficiaries litigation
  • Protecting assets against beneficiaries divorce
  • Protecting assets against beneficiaries creditors
  • Protecting assets against beneficiaries substance abuse
  • Protecting assets against beneficiaries business failures
  • Protecting assets against beneficiaries poor judgment

The goal of a Dynasty Estate Plan is to preserve wealth for multiple generations in spite of the any one person’s attempts to (real or inadvertent) to drain all the assets.