dynasty trust

A generation-skipping trust funded with the amount that is permanently exempt from generation-skipping tax and designed to last more than two generations.

• In 2000, a settlor could contribute $1 million to a dynasty trust. Almost half the states allow dynasty trusts, despite their potential for lasting more than 100 years.

— Also termed GST supertrust.

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词条贡献者

双语律师Denise，知名法学院国际私法专业，擅长翻译各类与国际争议解决相关的法律文件。