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Generation-Skipping Trusts, also sometimes referred to as Dynasty Trusts, are designed primarily to benefit a grantor's descendants and also avoid federal estate tax each time one generation transfers wealth to the next generation. The Dynasty Trust is one of the more robust planning tools for those with ultra-high net worth estates. Properly structured, a Dynasty Trust can also protect future generations from creditors. Take a few minutes to read this insightful article creating by Dan Griffith and his amazing Wealth Strategy team here at Huntington Private Bank. #trust #huntingtonproud
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7moThat’s interesting information thank you! 🙏