Posts Tagged ‘Dynasty Trust’
Cryonic Trust Blunders
We want to live forever and take our money with us. What could possibly go wrong? With all the focus on whether or not the technology will work, we too often fail to consider whether or not the financial side of the equation will work. When we aren’t even looking at the issue, we are…
Read MoreBFI Inner Circle
The Art of Dynasty Planning I join an elite team of highly sophisticated international planners in September 2019 to discuss Combining Onshore and Offshore Tools for a Truly Comprehensive Plan. Learn about Dynasty Trusts and Dynasty Estate Planning in the context of multi-national planning. This is a special invitation only event. Clients and friends may…
Read MoreRule Against Perpetuities
The Rule The Rule Against Perpetuities is an archaic rule adopted by the U.S. as part of the Common Law heritage from its colonial predecessors. In most applications, it limits the length of time in which a person may control property. The time limit is generally based on the lives of people living during the…
Read MoreWhat is a Dynasty Trust?
A “Dynasty Trust” is a Trust designed to hold and protect property over multiple generations. Such trusts take advantage of jurisdictions that have abolished laws that require termination such as the Rule Against Perpetuities. They also take advantage of tax rules to minimize or eliminate multi-generation estate taxes. Because such Trusts are designed to last…
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