Trusts & Estates Partner Asher Rubinstein Discusses Dynasty Trusts in Investopedia
Written by Beverly Bird, Featuring Asher Rubinstein, Partner at Gallet Dreyer & Berkey, LLP.
As part of its ongoing series “Where Wealth Meets Legacy,” Investopedia Reporter Beverly Bird interviewed Gallet Dreyer & Berkey’s Trusts & Estate Partner Asher Rubinstein for her article “Dynasty Trusts: The Quiet Tool for Preserving Wealth for Generations.”
A living trust designed to provide for beneficiaries over multiple generations, Dynasty Trusts can be an indispensable estate planning tool, particularly for high-net-worth families and individuals. According to Asher, wealth generated by these assets can be shared with the trust’s beneficiaries during the dynasty trust’s existence. “The trust can distribute income to beneficiaries, while the principal is preserved, asset-protected, and grows estate-tax-free.”
Key takeaways about Dynasty trusts include…Read the rest of the article
Asher Rubinstein
Asher Rubinstein's practice focuses on domestic and international asset protection, wealth preservation, estate planning, tax planning, tax controversy, offshore tax compliance, and related litigation. Mr. Rubinstein is a recognized expert on offshore entities, foreign banking, and IRS compliance issues. Mr. Rubinstein also represents and advises wine, spirits, food, and restaurant clients.