Lesson 15 of 16 · Protect
Dynasty Trust
A dynasty trust holds family wealth for children, grandchildren and beyond, often protecting it from estate taxes and creditors along the way. Winston walks you through a detailed prequalifying intake that a trust company uses to design one, and hands it to the partner. If no partner is set up yet, the tab shows Waitlist.
What this tab is for
- Fill in the intake section by section, and save it to finish later
- Add every settlor (the person creating the trust) and every child or descendant
- Describe your legacy goals, assets, taxes, governance and distribution style
- Download the questionnaire as a PDF
Option 1 of 1
Completing the intake
- 1
Start the intake
Open Dynasty Trust and press Start intake (or View intake to continue).
- 2
Settlor & family core data
Your full legal name, date of birth and state. Press Add another Settlor / Grantor for a spouse, and Add a child / descendant for each child.
- 3
Legacy philosophy
Your long-term vision, the trust's main purpose, incentives and what counts as education.
- 4
Assets & funding
What goes in first, the mix of assets, and any planned sale of a business.
- 5
Tax, structure and protection
Tax preferences, the South Dakota directed trust structure, and how money should be paid out: fully discretionary, fixed payouts, or hybrid.
- 6
Governance
Who sits on the investment and distribution committees, the trust protector and how often you want accounts.
- 7
Save questionnaire
Save as you go. Any question you're unsure of can be left for the trust company to discuss.
- 8
Download as PDF
Keep a copy for your records and your advisers.
Worked through every option above? Finish the lesson to tick it off.
Want more detail? Read Dynasty Trust in the manual.