Posts Tagged ‘Jurisdiction Independent Trust’
Expat Estate Planning
The expat lifestyle as a certain allure and mystique. Entertainment media serves up a stereotype image of wealthy Americans living the good life in far away places. The physical and emotional disconnect with the U.S. that expats find enjoyable also triggers huge problems for Expat Estate Planning. There seems to be a growing number of…
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…
Read MoreTypes of Trusts
Types of Trusts. Defining a Trust is just the beginning. There are many varieties and types of Trusts. Designing an effective structure requires an understanding of what the materials and the tools the shape them can do. This is a simply overview of some of the most common types of Trust: Testamentary Trust. A Testamentary…
Read MoreThe Jurisdiction Independent Trust
Where Should You Set Up Your Trust? Where is the best place to set up your trust? Where you live? In a state that has laws that favor your particular goals and concerns? In a state with lower tax rates? How do you know where you want your trust to be domiciled in the future?…
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