Dynasty trusts can be just the estate planning device your client needs, but take care not to run afoul of rule against perpetuities and the Internal Revenue Code.
Do your clients know they can use trusts to encourage good behavior by trust beneficiaries? This questionnaire can help you help them do value-based estate planning.
The author argues that there is a better way for courts to limit legislators' power to combine diverse subjects into a single bill and offers an alternative.
For you estate planners, we offer an article by Messrs. Margolin and Weinstein on the interplay between dynasty trusts and that law-student's nightmare, the rule against perpetuities.
