Dynasty trusts, also known as "generation-skipping trusts," are unique vehicles designed to preserve and protect wealth for multiple generations. These irrevocable trusts extend beyond the typical trust period, allowing assets to benefit grandchildren and even...
Month: November 2023
Why you might base trust distributions on age
If you’re thinking of setting up a trust as part of your estate plan to leave an inheritance, there are many different ways to do it. For instance, you could choose a trustee who has full discretion to decide how the money can be used. This is known as a discretionary...
