Chapter 35 of 39 · 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.
How it works
What you can do here
- 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
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.