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

译者Eugina，毕业于一所旨在培养高级翻译专业人才的翻译院校，擅长翻译涉及国防和军工领域的法律文件。