How the Transfer Tax Shapes Family Wealth Across Generations

Most people think the estate tax only hits the ultra-wealthy. But the real story is the generation-skipping transfer tax, or GST, which has quietly shaped how families pass down wealth since 1976. Lucas and Luna walk through a specific case: a family with a $20 million estate using a dynasty trust in South Dakota to sidestep the GST in 2026. They explain how the exemption amount, currently $13.99 million per individual, interacts with state-level trust laws and why this matters for anyone with a family business or significant retirement assets. The episode also touches on the pending 2026 sunset, which would cut the exemption roughly in half, and what that means for planning today. A concrete look at a tax rule most people have never heard of, but that affects billions in wealth every year. #GST #GenerationSkippingTransferTax #EstateTax #DynastyTrust #SouthDakota #WealthTransfer #FamilyBusiness #TaxPlanning #2026 #Sunset #Exemption #TrustLaw #Economics #FexingoBusiness #BusinessPodcast #TaxPolicy #Inheritance #Podcast Keep every episode free: buymeacoffee.com/fexingo