Henderson Office: 702.433.4455
Las Vegas Office: 702.254.4455
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A local law firm recently published a chart which named Nevada as one of the top two jurisdictions that are best for establishing Dynasty Trusts.

A Dynasty Trust is a special trust created to last for multiple generations.  They use what is called the generation-skipping transfer tax exemption under the Internal Revenue Code (currently $5.45 million per person) to pass family wealth to multiple generations without being eroded by estate taxes at each generation, which is what happens without a Dynasty Trust.  In Nevada, a dynasty trust can last for one day less than 365 years.

Other advantages of a Dynasty Trust include:

To discuss whether a Dynasty Trust is right for you, please contact the attorneys at Jeffrey Burr, LTD. today.

-Rebecca J. Haines, Esq. 

In an effort to keep you informed of developments in federal gift and estate tax laws, we are writing to tell you of a potential change in the law.  By way of background, when Congress passes provisions of the Internal Revenue Code, they authorize the United States Treasury to issue regulations as further interpretation and enforcement of the Code.   The regulations that are the subject of this post are of particular interest for single clients with an estate greater than or approaching $5.5 million or married clients with combined estates greater than or approaching $11 million.





We are including a link to a recent New York Times® article which discusses the proposed regulations and the affected planning in more detail.

NY TIMES – Paul Sullivan Article: Treasury Wants to End Tax Deal for Some Family-Owned Businesses.

If you are interested in learning more about the planning that could be terminated by these proposed regulations, we invite you to contact our office to set up a consultation to discuss an example of this type of discounting planning and whether this type of planning fits your individual situation.  More information will be posted to the blog about that date when it has been determined.

Attorney Jason C. Walker
Henderson Office
2600 Paseo Verde Parkway, Suite 200
Henderson, NV 89074
Phone: 702.433.4455
Fax: 702.451.1853
Las Vegas Office
10000 W. Charleston Blvd., Suite 100
Las Vegas, NV 89135
Phone: 702.254.4455
Fax: 702.254.3330
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