Estate Planning vs. Dynasty Estate Planning

By Rick Durfee

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

Dynasty 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 any one person’s attempts (real or inadvertent) to drain all the assets.

Posted in Dynasty Estate Planning, Estate Planning

About Rick Durfee