Tag Archives: Dynasty Trust

Portability- The Best Kept Secre

Recently the IRS released statistics for federal estate tax returns (form 706s) filed in 2011, which was the first year of portability (the ability of the surviving spouse to add the deceased spouse’s estate tax exemption to the surviving spouse’s … Continue reading

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Rule Against Perpetuities

Most states including California have laws limiting the duration of trusts. In some instances, the trust is invalid if it goes on longer than (a)21 years after the death of the Creator and of every beneficiary living on the death … Continue reading

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