1st Annual Dynasty Trust State Rankings Chart Released

Nationally known estate planning and asset protection attorney Steve Oshins recently published a Dynasty Trust State Rankings Chart at http://www.oshins.com/images/Dynasty_Trust_Rankings.pdf.  Like his annual Domestic Asset Protection Trust State Rankings Chart at http://www.oshins.com/images/DAPT_Rankings.pdf, the Dynasty Trust Chart breaks down the material differences among the leading trust jurisdictions so the end-user can make an informed decision when … More 1st Annual Dynasty Trust State Rankings Chart Released

A Timeline of Nevada’s Significant Asset Protection and Trust Laws

In 1999, Nevada became one of the first states to enact legislation allowing self-settled spendthrift trusts that provide asset protection for settlors.  Since then, the Nevada legislature has consistently passed favorable, progressive asset protection and trust laws (including during the most recent legislative session) as evidenced by the timeline below. October 1999 Effective October 1, … More A Timeline of Nevada’s Significant Asset Protection and Trust Laws

Nevada Dynasty Trusts

What is a Dynasty Trust? A dynasty trust, also often referred to as a perpetual or generation-skipping transfer (“GST”) trust, is a unique type of irrevocable trust that has become a very powerful estate planning tool in preserving family wealth.  Dynasty trusts can prevent your assets from being included in your or your descendants’ estates, … More Nevada Dynasty Trusts

Astros Owner Selling Ballclub…Because of Estate Planning Issues?

  Houston Astros owner Drayton McLane has decided to put the team up for sale.  After almost eighteen years as owner, McLane mentioned estate planning issues as one of the reasons he is now accepting offers for the sale of the franchise. In 1992, McLane bought the Astros from John McMullen for $117 million.  While McLane … More Astros Owner Selling Ballclub…Because of Estate Planning Issues?