Absolutely not, I personally plan to use my trust to pass down generational wealth for the next few  hundred or even thousands  of years but the trust can be dissolved at any time and assets sold out of it  unless otherwise layed out in the statement of purpose. 

They do have a use case, I am not going to say one way or the other, if you would like to get one there are some reputable companies that will do that sort of thing for you. Cook Islands trusts  are  a hot topic of recent discussion. I would just say to tread lightly and be extremely careful with this sort of thing as these companies will set one up but will absolutely hang you out to dry especially if you are conducting  rerguler  business in the United States. You can’t go to jail in the U.S. for not paying taxes however you can go to jail  for tax evasion

A trust significantly enhances your estate planning by providing a strategic framework to manage and distribute your assets efficiently. With our trusts, you can ensure your wealth is preserved, reduce estate taxes, and avoid the complexities of probate, all while maintaining control over how your assets are distributed according to your wishes.

Setting up a trust early allows you to capitalize on long-term benefits such as robust asset protection and tax advantages.These advantages include saving potentially millions of dollars in taxes for the life of your business.  By establishing a trust now, you can effectively manage and safeguard your wealth, ensuring a seamless transfer to your heirs and maximizing the growth and impact of your legacy.

Absolutely. Our trusts are ideal for business succession planning. The trusts can have and maintain any number of DBAs. They provide a clear and structured approach to transferring business assets and management responsibilities, ensuring continuity and stability in your business operations and preserving your legacy for future generations.

In the context of our irrevocable trusts, your personal debts and liabilities are generally shielded from the trust’s assets. This separation helps protect your assets from creditors, ensuring they are managed and distributed according to your wishes without being used to settle personal liabilities.