Wyoming Dynasty Trust

The Wyoming Dynasty Trust: A House Built to Last a Thousand Years

The short answer

A Wyoming Dynasty Trust is an irrevocable trust designed to hold a family's assets for many generations instead of distributing them after one lifetime. Wyoming law allows a dynasty trust to continue for 1,000 years, provided it has a trustee who does business in or resides in Wyoming. Wyoming also has no state income tax, no capital gains tax, and no inheritance tax. The Spacious Place's Dynasty Architecture crafts this structure for everyday families, with the family's own Wyoming-based Private Family Trust Company as qualified trustee.

Your own everlasting family covenant for just $6,500 instead of the $20,000 to $75,000 specialist firms commonly charge.

A weathered split-rail fence and dry sagebrush below the snow-capped Teton Range and the historic Mormon Row barns, in warm low golden hour light with long shadows.

“The lines are fallen unto me in pleasant places; yea, I have a goodly heritage.”

Psalm 16:6

What is a dynasty trust?

Most trusts are built to end. A typical plan holds assets for a season, then hands them out, and the family's shared legacy splits apart into separate pieces along with the liquidated assets, and dissolves to be remembered no more. Families are dynastic in nature by divine design. They are meant to last forever, not to end. A family trust should too.

A Dynasty Trust is built to endure forever. It is a private everlasting family covenant. The trust keeps and multiplies the family's assets, and each generation becomes a steward of what the last one built. Offspring, grandchildren, and generations upon generations of descendants that come later benefit from the household legacy and wealth rather than dividing and destroying it and having to start over again every generation. It is not a will with a set of instructions; it is a private family covenant that never sunsets and a private family treasury that never runs out.

The Spacious Place models its Dynasty Architecture after the timeless Biblical wisdom of the three cord strand. Three layers, one seamless design for maximum privacy, generational wealth preservation, protection and continuance.

  • The first cord is the core of the model and the most Private layer. We call ours a Family Legacy Trust: a new name for something as old as the family itself. This layer is the ultimate owner of all the legacy assets and contains the family’s generational succession plans. The original family Settlors serve as Trustees with every generation of descendants named as the beneficiaries. The Family Legacy Trust is irrevocable and perpetual, 100% family controlled. This is like the Father of the Biblical trinity, “no one has ever seen the Father but the Son.” The public never sees this layer; it is absolutely private.
  • The second cord is the Pass Through Trust. This trust moves assets from the public to the private layer, ensuring the Private Legacy Trust stays invisible. This is a stewarding trust and is like the Son of the Biblical trinity. Its job is to be the perfect expression of the Family Legacy Trust and carry out the family’s will. A Mirror and Conformity Clause automatically matches every provision of the Family Legacy Trust. It is worthy to receive all the income, riches, glory, power, and authority. The ministerial trustee of this trust is the Private Family Trust Company and the beneficiary is the Private Legacy Trust (keeping the family names out of public view).
  • The third cord is the public layer, set up as an unregulated Wyoming Private Family Trust Company (PFTC). The Spacious Place combines the PFTC with a Digital Asset LLC to create a first-of-its-kind holding and management structure built to carry the family 1,000 years into the future. The PFTC carries out the business of the private family affairs, pays bills, and deals with the public. This layer is like the Holy Spirit of the Biblical model with many public expressions and ability to spin up sub entities. Its job is to bring glory, honor, and riches into the private layers of the family treasury.

A three strand cord is not easily broken. A carefully crafted dynasty trust architecture is the perfect private container that embodies this ancient truth and ensures generations not yet born will be protected and provided for.

Why Wyoming

Several states have loosened the old limits on how long a trust may last, but many still limit it to one lifetime. Wyoming is among the most thoughtful of them, and it pairs long duration with other modern world-class trust features. Wyoming’s impeccable reputation as a haven for unregulated Private Family Trust Companies, its long history of defending privacy, and its pioneering digital asset laws have earned it the honorable title among many as “The Switzerland of the West.”

  • Lasts 1,000 years. Many states have rules against perpetuities. Under Wyoming Statute § 34-1-139(b), a trust that holds property in addition to direct interests in real estate may continue for up to 1,000 years if (1) the trustee maintains a place of business in Wyoming, administers the trust in Wyoming, or is a Wyoming resident, and (2) the trust terms require interests to vest or end within 1,000 years.
  • A perpetual Wyoming trustee that never changes or moves away. In the Dynasty Architecture, the family forms its own Wyoming Private Family Trust Company, set up to serve as the qualified Wyoming trustee. TSP's Private Family Trust Companies are unregulated Wyoming LLCs with an administrative nexus in Wyoming, and because the trustee is the company rather than any individual family member, it can serve in that role. The family runs the company; the company gives the trust its Wyoming home, and it does not age, relocate, or fail for want of a trustee.
  • A note on land. Real property held directly by a trust can still be subject to different states’ traditional rule against perpetuities. Families commonly address this by having the Private Legacy Trust layer which has its own private law with no rule against perpetuities own the real estate assets, and the Pass Through trust own the “other assets,” or have the Pass Through Trust set up an LLC that holds the real estate (like the PFTC), so the trust holds LLC membership interests (personal property) rather than the land itself.
  • Wealth preservation. Jurisdiction matters. Wyoming imposes no state income tax, including on trust income, capital gains tax, or inheritance tax on trust assets. If not structured in a world-class trust jurisdiction like Wyoming, your home state may attempt to tax your trust or its beneficiaries depending on where people live and how the trust is structured.
  • Modern trust tools. Wyoming law recognizes spendthrift provisions (§ 4-10-502) and directed trusts (§ 4-10-718), which let a trust assign investment or distribution decisions to named advisors, useful for families who want to stay close to their own affairs.
  • Unmatched privacy laws. Wyoming does not require trusts to be publicly recorded, ensuring ultimate family privacy. For LLCs, member owners are not made available to the public. “Quiet trust” provisions also empower trustees to keep beneficiary information sealed, not disclosing beneficial interests even to the beneficiaries themselves. This privacy adds layers of protection against outside “bad actors” and generational protection against “affluenza.”

How you live now, not what happens someday

A Family Legacy Trust built within a Dynasty Architecture is not a plan that waits in a drawer for someone to die. Family assets are moved into the trust now, during your life: accounts, business interests, digital assets, real estate and other property. Designed for families seeking to step into immediate generational dominion, the model guides you through the core work of redemptive legacy building: securing the family treasury, recording the family stewardship principles, and establishing clear succession guidelines that formally appoint the next generation to carry the household forward.

It is freedom and self-governance you establish to live in today, not for a later generation to figure out. The family’s Founding Settlors do the hard family-redeeming work of setting up the family foundation by building a container that serves as a homestead for generations to come.

What a dynasty trust usually costs, and what we do differently

Dynasty trusts have traditionally been an expensive tool of very large estates, priced at levels only Ultra High Net Worth Families could afford. Specialist firms commonly charge $20,000 to $75,000 to set one up, plus $10,000 to $50,000 a year to administer it (Reed Corp).

Setting up a Private Family Trust Company in many states comes with a minimum capitalization requirement of $500,000 on average, annual compliance fees, and subjection to state regulation.

The Spacious Place Dynasty Architecture is a pioneering, world-class trust architecture design done-for-you, which includes all the necessary document preparation, priced so that every family can afford one. We believe every family should be a dynasty and live in covenant.

The Spacious Place’s Dynasty Architecture empowers every family to be its own steward through its own unregulated, self-governing, perpetual Wyoming Private Family Trust Company (which has no minimum capitalization requirements or ongoing state regulation). $6,500 flat one-time fee with no outrageous annual administration fees.

We beautifully wrap each entity in three heirloom grade, American leather folios. Combining modern American Trust ingenuity design with classic American leatherwork, craftsmanship to last 1,000 years.

A tan leather trust folio embossed with a circular seal and the words House of Kennedy, resting on an aged oak table beside stalks of wheat and a lit candle.

Wyoming Dynasty Trust vs. other common plans

Comparison: Wyoming Dynasty / Family Legacy Trust, Revocable living trust, Will only
Plan featureWyoming Dynasty / Family Legacy TrustRevocable living trustWill only
Designed duration1,000 yearsEnds and distributes after one lifetimeDirects assets once, then its work is done
Generational SuccessionCore material purpose of the Trust with designated succession planNot addressedNone
AmendabilityIrrevocable; flexibility comes from Trust Protector, decanting, and directed-trust provisionsYes, by the grantorYes, until it takes effect
When it's fundedNow, during lifeNow, during life (if completed)Not funded; operates later
Spendthrift features for beneficiariesStrongModerateWeak
Protection from creditorsStrongNone during the grantor's lifeNone
State income tax, capital gains, inheritance taxesNone in WyomingVaries by home stateNone
Wealth preservation & multiplicationMaximumLimitedNone
PrivacyInvisibilityLimitedNone
Probate RequiredNoDepends on structureYes
Legacy transferSeamless across generationsLimited to one timeNone
Built forA multi-generational family houseManaging and passing assets to only one generationBasic instructions with no real protection

Who this is for

“A good man leaveth an inheritance to his children's children.”

Proverbs 13:22

Families are meant to be dynasties. The whole purpose of a family is to be fruitful and multiply. Your family was made to be forever. God keeps His covenants for a thousand generations. By creating your own everlasting covenant, you ensure your house shall always be. The Dynasty Trust Architecture is really for every family, but specifically for people who:

  • Desire to build and pass down a dynastic American family name and legacy.
  • Want generations of their offspring to inherit the family legacy, values, and generational wealth.
  • Seek to establish a private family treasury that creates holistic prosperity, compounds exponentially, and brings about generational freedom from usury.
  • Own a family business, farmland, legacy assets, or digital assets they want held together.
  • Value familial dominion, self-governance, sovereignty, privacy, and stewardship.

It may not be the right fit if you expect to need or want the assets back outright in your personal name, or if family continuance and generation success is not a priority for you.

We share God’s opinion: what He puts together let no man separate. Family is the one thing worth investing in forever.

Your path

  1. Go all in on your family, forever. Is establishing an everlasting and perpetual family structure right for your family? Decide on becoming a Founding Settlor. Explore your family’s beliefs about stewardship, legacy, self-governance, and family continuance. Put your stewardship principles and beliefs into words together.
  2. Begin building your Dynasty Architecture. You can begin the application directly or set up a call with our house to discuss with your family privately.
  3. We write it for your house. Your own Private Family Legacy Trust, Pass-Through Trust, and your Wyoming PFTC & Digital Asset LLC. Thirty days, done for you.
  4. Live in self-governing familial dominion. Execute the documents, tailor it to your family by adding your custom family amendments, move your property into the trust to begin living in your new glorified estate immediately.
  5. Keep the folios at the table. Apprentice the next generation of family stewards.

Frequently asked questions

How long can a Wyoming dynasty trust last?

Under Wyoming Statute § 34-1-139(b), a dynasty trust may last up to 1,000 years.

Who serves as the Wyoming trustee?

In the Dynasty Architecture, the family's own Wyoming Private Family Trust Company is set up to serve as the qualified Wyoming trustee. It is an unregulated Wyoming LLC with an administrative nexus in Wyoming. Because the trustee is the company, a separate entity, rather than any individual family member, it can serve as qualified trustee while family members manage it, and it provides the Wyoming connection the 1,000-year rule looks for.

Can a Wyoming dynasty trust hold my home?

The architecture can. We recommend the Private layer hold all legacy real estate assets. A legacy asset is one you want to stay in the family for many generations. For non-legacy real estate assets (temporary homes, short-term apartments, cabins), many families have the trust own an LLC that holds real estate property. Many states offer exemptions from property taxes for homes held in trust.

Do I have to live in Wyoming?

No. Wyoming is popular with families in other states for this very reason. But the trust must meet Wyoming's requirements, including a trustee connection to Wyoming for the 1,000-year period. By organizing with the Wyoming Secretary of State, contracting with a Registered Agent, and getting a Wyoming business address, the Trust and PFTC do significant business in Wyoming.

How is a Wyoming dynasty trust taxed?

Wyoming has no state income tax, capital gains tax or inheritance tax for assets in trust. How a trust is taxed depends on its design and jurisdiction.

How much does a dynasty trust cost?

Traditionally they are very expensive. Specialist firms and local attorneys and banks commonly charge $20,000 to $75,000 to set up a dynasty trust, plus $10,000 to $50,000 a year to administer it. The Spacious Place makes it affordable for every family who desires one. The Spacious Place’s Dynasty Architecture, including a Private Legacy Trust, a Pass-Through Trust, and a Wyoming Private Family Trust Company & Digital Asset LLC, is only a $6,500 one-time fee and it lasts 1,000 years.

Is a Wyoming dynasty trust irrevocable?

Yes. An irrevocable trust is the type of trust that offers the greatest protection. The favorite trust for thieves and robbers is a revocable trust. They are easier to cancel and reverse the asset transfer, which enables creditors, lawsuits, and other outsiders to attach to and steal the assets. A dynasty trust is irrevocable, which makes it hard to cancel the transfer. The Settlors no longer “own” the assets; the Trust owns them and the family controls them through the family-directed structure. Well-drafted irrevocable trusts often include amendability tools such as a trust protector, decanting authority, and directed-trust provisions that allow thoughtful adjustment over time.

Is this legal advice?

No. The Spacious Place provides education, trust architecture design, and document preparation only. This is not legal advice.

Establish your everlasting house

The Dynasty Architecture · $6,500 one-time, all-in, lasts a thousand years. Three layers, one seamless design: your private Family Legacy Trust, a Pass-Through Trust, and your own self-governing Wyoming Private Family Trust Company & Digital Asset LLC, set up to serve as the family's permanent, qualified Wyoming trustee. Pure family control. Three heirloom grade leather-bound folios. Thirty days, done for you. Payment plans available through partner third parties. The Legacy Folio + Wyoming Digital Asset LLC · $2,589 One irrevocable, family-controlled trust written for your house, with EIN, Wyoming trust address, and beneficiary certificates, plus a Wyoming Digital Asset LLC with registered agent, EIN, operating and custody agreements, and assignment of your digital assets into the trust. Bound in American full-grain leather. Thirty days, done for you. (The Legacy Folio alone is $2,000.)

Not sure which fits your house?