Wealth preservation is a goal shared by many individuals and families, and it often transcends generations. One powerful and versatile tool in achieving this objective is the Dynasty Trust. This article explores the art of wealth preservation and delves into the strategies associated with Dynasty Trusts, illuminating their importance in securing and perpetuating family financial legacies.
Understanding the Dynasty Trust
What is Dynasty Trust? A Dynasty Trust is a type of irrevocable trust designed to hold and protect assets for multiple generations. It allows high-net-worth individuals and families to pass wealth down to their heirs while minimizing estate taxes and safeguarding assets from various threats, including creditors, divorces, and mismanagement.…Continue reading