Dynasty Trusts

On February 16, 2005, the Wall Street Journal published an interesting article regarding dynasty trusts and the impact of the repeal of the Rule Against Perpetuities on the economies of the repealing states.  Rachel Emma Silverman, LOOSER TRUST LAWS LURE $100 BILLION: Amid Congressional Scrutiny, Huge Sums Pour Into States That Allow ‘Dynasty Trusts.” 

For a discussion of this article, see Tax Prof Blog.