Dynasty Trusts Why Dynasty Trusts And Why Delaware??

Peter Pangis

Chief Trust Officer
MERRILL LYNCH TRUST COMPANY, FSB
Plainsboro, New Jersey

Advantages of Establishing a Trust in Delaware for High Net Worth Individuals

No state income tax on irrevocable trusts
State laws promote dynasty trust and intergenerational wealth planning
Family interests can be easily aligned with uni-trusts conversions
Premium on confidentiality
Delaware's long history and expertise in fiduciary matter
Flexible laws provide enhanced control for grantors over trust investment management
The use of the administrative trustee and the investment trustee