Question

What changed with Minnesota’s dynasty trust law in 2025?

Answer

In May 2025, Minnesota amended its Rule Against Perpetuities to allow trusts to remain in existence for up to 500 years, up from the prior 90-year limit. This change enables families to create long-duration irrevocable trusts — known as dynasty trusts — that may preserve wealth across multiple generations while potentially minimizing estate and generation-skipping transfer (GST) taxes.

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