Blog Posts in November, 2013
Legacy "Dynasty" Trusts & Divorce
Posted By Eiges & Orgel, PLLC
Parties to a marriage set up Legacy trusts in order to be able to avoid the claims of creditors avoid estate and gift taxes. These trusts can run in perpetuity in certain states such as South Dakota. These trusts require technical expertise to set up. One party to a marriage may be more sophisticated and take charge in setting up the trust. The other party to the marriage may not understand the ...
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