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Question

Should I set up a trust for my inherited wealth?

Answer

Setting up a trust can be a beneficial strategy for managing inherited wealth. Trusts allow assets to remain invested, establish guardrails around distributions, and offer protection from external risks. For families focused on long-term outcomes, dynasty trusts can help minimize repeated taxation and preserve multigenerational wealth.

Related FAQs

What is a SLAT (spousal lifetime access trust)?

What is a GRAT (grantor retained annuity trust)?

What is a dynasty trust?
Estate Planning Asset Protection Trusts Tax Basics Building Wealth Protecting Your Legacy Generational Wealth Inherited Wealth FAQs
Last Updated June 7, 2026
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