What do chewing gum, books and hotels have in common? Their heirs don’t have to pay taxes. Unless you’re a Rockefeller, you may not have heard of dynasty trusts before. But this complex legal ...

Trusts can be a useful tool in estate planning when you want to leave specific instructions about how your assets should be managed during your lifetime and after you pass away. One type of trust, the ...

For wealthy families trying to reduce possible estate taxes or protect assets for the long haul, irrevocable "dynasty" or "generation-skipping" trusts could help toward both goals. Processing Content ...

Dynasty trusts allow assets to remain invested and protect against estate and generation-skipping taxes for multiple generations. Dynasty trusts offer some significant tax advantages as well as ...

With the generous Trump-era estate exemption limit set to expire in two years, affluent families high-net-worth clients (that is, those with $10 million or more, are kicking their estate planning into ...

This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred A dynasty trust established in 1964 locks a ...

If you don't measure your financial planning by years or even decades, but by centuries and generations, you'll want to know a lot more about dynasty trusts. Americans are largely unprepared for the ...

What Is a Dynasty Trust — and Should Your Family Have One? Wealth is built over years. Sometimes decades. But without the right legal structures in place, that wealth can be significantly diminished ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Dear Liz: My mother recently died at the age of 93. My sisters and I are her beneficiaries, and all of us are in our 60s. Unbeknownst to us, one of her assets is a “dynasty trust,” established in 1964 ...