A “dynasty trust” is a trust that is structured to preserve assets for multiple generations.  Assets continue to be held in trust (rather than being distributed directly to beneficiaries).  This is not a vehicle to protect your assets from your own personal creditors; but it protects the assets once they pass to a beneficiary.


It is highly advisable to focus on asset protection and estate planning at the same time. Keep in mind, however, that you will likely need separate documents for each type of planning.

Most people who set up an asset protection trust (“APT”) — either domestic or foreign — usually want to (i) retain some sort of control

Much of my work is centered on helping clients protect their assets during their lifetimes.  But most people also want to make sure that their assets are protected after their deaths.

A recent article in the New York Times describes a very public fight among relatives of actor/comedian Robin Williams.  His widow and his

The so called “fiscal cliff” bill passed by the House of Representatives on January 1 sets the federal estate and gift tax exemption amount at $5 million for 2013 and thereafter.  If Congress had not taken any action, the exemption amount would have fallen to about $1 million.  The exemption will be adjusted for inflation

As of January 1, 2013, the federal estate and gift tax “exemption amount” will go from $5 million to $1 million.  The tax rate will increase from 35% to 55% (in some cases higher than 55%).  While Congress may change this before year-end (or make retroactive changes early next year), there is no assurance that