Long Term (Dynasty) Trusts

A long term trust which can protect property passing to your heirs from their creditors and future estate taxes. One of the most common ways of funding a dynasty trust is through life insurance. If the family has a taxable estate, a life insurance trust should own the policies to avoid the insurance proceeds being subject to estate tax. In California these trusts may continue at least 90 years and other jurisdictions will permit a trust to continue much longer.