The OBBBA Didn't Fix the GST Portability Gap. The exemption is permanent at $30M for couples. But GST exemption is not portable, and it disappears at the first death. What that costs a $12M couple who waits.
You've read what a dynasty trust is. The harder question is whether you should have one. The objections your CPA and estate attorney will raise, answered.
Your client has a plan for what happens when they die. They may not have a plan for what happens when they get sued while they’re still alive — or what happens to the $89 million that gets extracted from their estate across the next two generations. This article is written for the insurance producer who already sits across from that client.
California Families With $10M+: The Generational Tax Problem No One Shows You. California has no estate tax, so no one sends a bill — and the federal 40% compounds silently across generations. What the Dynasty Bridge Trust™ does that a Nevada trust cannot.
The Dynasty Bridge Trust™: Lawsuit Protection Today, Generational Protection After. One instrument. Offshore creditor protection during your life, dynasty protection for your heirs after — with the §1014 step-up that completed-gift dynasty trusts forfeit.
What Is a Dynasty Trust? How They Work + State Rules. A dynasty trust holds assets across generations without estate tax at each transfer. How it works, which states allow perpetual trusts, and why it does not protect the person who funded it.