dynasty trust

Definition of "dynasty trust"
  1. A trust set up to retain family wealth across numerous generations while minimizing tax implications associated with wealth transfer
How to use "dynasty trust" in a sentence
  1. The family established a dynasty trust to safeguard their wealth for future generations.
  2. A dynasty trust can help evade hefty estate and generation-skipping taxes.
  3. Protecting the family's real estate holdings was the main goal of the dynasty trust.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z