Trusts cannot last forever, they cannot be set up to be perpetual like most corporations, partnership, or other artificial legal entity, the life of a trust is limited. We call this the “Rule Against Perpetuities.”  Due to the fact that trusts can not last forever, all of the planning done to preserve your wealth in you’re estate will one day end and any assets that remain will be distributed outright to the trust beneficiaries. However with the proper planning this limitation can be avoided by using a Dynasty Trust, because it is nearly a perpetual trust. Dynasty Trusts avoid the Rule Against Perpetuities through careful structuring, and can therefore last forever. This feature makes them superior to other trusts. As a result, for families with significant wealth, Dynasty Trusts now form the core of their financial and estate plan.

Along with providing an efficient vehicle for the transfer of assets dynastic trusts also provide asset protection, and generation skipping benefits.  

Structured correctly dynasty trusts can provide the flexibility clients want, the simplicity they want, the tax avoidance they want, the protection they want, and the enjoyment of their assets during their lifetime. 

Simply stated, when done correctly, dynasty trusts are what everyone wants in a trust.