Dynasty trust
id:
dynasty-trust-260-5917926
title:
Dynasty trust
text:
A dynasty trust is a trust designed to avoid or minimize estate taxes being applied to family wealth with each subsequent generation. By holding assets in trust and making well-defined distributions to beneficiaries at each generation, the assets of the trust are not subject to estate, gift or generation-skipping transfer tax (GST) taxes. Moreover, the wealth can be exempt from GST tax) if properly set up. By its nature, a dynasty trust can run in perpetuity. Thus, it must be created in a state
brand slug:
wiki
category slug:
encyclopedia
description:
Type of trust designed to avoid or minimize estate taxes
original url:
https://en.wikipedia.org/wiki/Dynasty_trust
date created:
date modified:
2024-02-09T16:39:14Z
main entity:
{"identifier":"Q5319180","url":"https://www.wikidata.org/entity/Q5319180"}
image:
fields total:
13
integrity:
14