The Wyoming Dynasty Trust is a type of irrevocable trust that provides high net worth individuals with significant asset protection, tax advantages, and the ability to transfer wealth to future generations while minimizing estate taxes.
Trust Legacy Advisors specializes in the Wyoming Dynasty Trust and offers extensive expertise in trust structuring, asset protection, tax optimization, and ongoing administration. Our client-centric approach ensures personalized solutions tailored to your specific goals and circumstances.
The Wyoming Dynasty Trust offers strong asset protection by keeping the assets held in the trust separate from personal ownership. This separation shields the trust assets from creditors, lawsuits, and other potential risks.
Yes, the Wyoming Dynasty Trust allows you to retain control over the trust assets through various provisions. You can designate yourself as a trustee or appoint a trusted advisor to manage the assets according to your wishes.
The trustee is responsible for managing the assets and administering the trust according to its terms. They ensure that the trust operates in compliance with legal requirements and acts in the best interests of the beneficiaries.
It is advisable to review your Wyoming Dynasty Trust periodically or when significant life events occur, such as changes in financial circumstances, family dynamics, or tax laws. Trust Legacy Advisors can assist you in reviewing and updating your trust to reflect any necessary adjustments.