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Estate Planning
: Wills, Trusts & Estates Prof BlogPitfalls of Dynasty Trusts
By Trusts EstatesProf
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Congress set the stage for dynasty trusts in 1986 when it instituted the generation-skipping transfer tax and allowed for a $1 million exemption. Estate planners began drafting trusts to take advantage of this exemption, but the term was always limited...Full post as published by Wills, Trusts & Estates Prof Blog on August 06, 2010 (boomark / email).
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